Company: Hanwha General Insurance Page 1 / 1
-
- October 14 2025
Lawmakers to question major Korean carriers over high disaster insurance premiums, margins: report
- Insurers
- South Korea
- DB Insurance
- Hanwha General Insurance
- Hyundai Insurance
- KB Insurance
- Meritz Fire & Marine Insurance
- Samsung Fire & Marine
The National Assembly has summoned chief executives of Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, Hanwha General Insurance, Meritz Fire & Marine and NH NongHyup Property & Casualty Insurance.
-
- April 28 2025
Hanwha General Insurance to acquire 98.3% of Carrot Insurance: report
The deal will secure the general insurer management rights to the struggling digital insurance startup.
-
- April 9 2025
Carrot Insurance considering merger with parent Hanwha amid financial troubles
The digital carrier CEO Moon Hyo-il reportedly told employees that they are reviewing a capital increase and a merger with its parent.
-
- February 13 2025
Hanwha denies reports of selling Carrot Insurance stake amid financial strains
Korean insurtech startup has been posting losses every year since its establishment in 2019.
-
- August 16 2024
Hanwha General Insurance’s rate hike effort pays off for its long-term business: AM Best
AM Best affirmed the rating of Korea's sixth-largest non-life insurer at “a” (excellent) with a "stable" outlook.
-
- July 10 2023
Hanwha’s ratings affirmed as capital pressures ease due to IFRS 17 and KI-ICS: AM Best
The negative impact of Carrot on the carrier's consolidated results will decrease gradually as the digital insurer continues to build economies of scale.