Country: South Korea Page 19 / 31
-
- May 20 2020
South Korea’s P&C sector set for 2020 decline: report
Aviation, marine, motor and transit lines are all expected to be under pressure.
-
- May 13 2020
Asia’s property pricing continues rise: Marsh
Q1 2020 was the fifth consecutive quarter prices have risen in the region.
-
- May 6 2020
Western North Pacific basin cyclone season to be ‘near normal’: GC
Total number of tropical cyclone formations expected to be steady in 2020.
-
- April 16 2020
Korea Development Bank edges closer to life sale
Local private equity player PE firm JC Partners is thought to be in the running.
-
- April 14 2020
Prudential Life Korea sold to KB Financial for US$1.9bn
The domestic financial group has won out after a bidding war.
-
- April 1 2020
Korea’s Shinhan to merge life units in top three push
The consolidation will take place in the second half of 2021.
-
- March 31 2020
KDB Life won’t face fine and expects potential buyers
The Korea Development Bank is in the process of selling the insurer for the fourth time since 2014.
-
- March 26 2020
KB Financial likely acquirer of Prudential Life Korea
The US$1.8bn move would send a sign to rival Shinhan Financial, who acquired ING Life last year.
-
- March 23 2020
Covid-19 compounds South Korea’s P&C challenges
The market has been under pressure for years with poor growth and underwriting results.
-
- March 20 2020
Asia’s life players face major headwinds
Chinese and South Korean firms are particularly exposed to the economic uncertainty.
-
- March 17 2020
Prudential Life Korea sale set for three-way tussle
The main bidding will take place later this week.
-
- March 13 2020
Hyundai Insurance China’s US$158m sale approved
Didi Chuxing and Legend Holdings are behind the moves for the P&C (re)insurer.
-
- March 3 2020
Consumer group lobbies against PE bids for Prudential Life Korea
MBK Partners, Hahn & Company and IMM Private Equity are in the running to acquire Prudential.
-
- February 25 2020
Korean Re adds Colombia office after Shanghai opening
The reinsurer is on a global expansion drive and joins other majors in Bogota.
-
- February 24 2020
Korea’s KDB to be fined if life business unsold by March
The life player is on the market for the fourth time.
-
- January 21 2020
Samsung due for reshuffle; life CEO may step down
The Korean conglomerate conducts an annual reshuffle of its leadership.
-
- January 20 2020
PE players, KB and Fubon bid for Prudential Life Korea
The sale is valued at an estimated US$1.7bn.
-
- January 16 2020
Korean Re targets China with Shanghai branch
The reinsurer will further its presence in the world's second largest market.
-
- January 6 2020
Will Asia’s markets hum in 2020?
The fundamentals are strong despite increasing uncertainty.
-
- January 6 2020
Major banks interested in Prudential Life Korea: report
Sale of the life player could be the largest South Korean M&A deal of year.
