Hanwha Life Insurance has launched the 'Customer Trust+PLUS Advisory Committee,' an independent body of external experts to strengthen consumer protection, enhance internal processes, and drive innovation in product transparency and complaint resolution.
#YonhapInfomax #HanwhaLifeInsurance #ConsumerProtection #AdvisoryCommittee #RiskManagement #InnovationInitiatives #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99728

The bidding war for Aegis Asset Management, South Korea’s largest real estate asset manager, intensifies as China-based Hillhouse Investment outbids domestic insurers, raising concerns over foreign ownership and regulatory hurdles.
#YonhapInfomax #AegisAssetManagement #HillhouseInvestment #HeungkukLifeInsurance #HanwhaLifeInsurance #AcquisitionPrice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93855

South Korea's insurance sector faces declining core business profitability under IFRS 17, with firms increasingly relying on volatile investment income to offset losses, prompting a renewed focus on strengthening insurance fundamentals and long-term stability.
#YonhapInfomax #IFRS17 #InsuranceProfit #InvestmentIncome #SamsungLifeInsurance #HanwhaLifeInsurance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93222

South Korea’s life insurers are intensifying competition for exclusive product sales rights as the maximum protection period is extended, with Hanwha Life Insurance leading the sector by securing six exclusive rights this year, far outpacing its rivals.
#YonhapInfomax #HanwhaLifeInsurance #ExclusiveUsageRights #LifeInsurance #ProductCompetition #KoreaLifeInsuranceAssociation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=92967

Hanwha Life Insurance will reacquire full ownership of its fast-growing subsidiary Hanwha Life Financial Services, aiming to boost sales and profitability through unified management.
#YonhapInfomax #HanwhaLifeInsurance #HanwhaLifeFinancialServices #Acquisition #NetProfit #CorporateValue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=91979

South Korea's insurance industry is adapting to longevity risk, with new products like death benefit securitization allowing retirees to access up to 90% of their life insurance payouts as annuities, addressing income gaps amid an aging population.
#YonhapInfomax
#LongevityRisk #HanwhaLifeInsurance #DeathBenefitSecuritization #RetirementAssets #FinancialServicesCommission
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=88462

Hanwha Life Insurance has secured a six-month exclusive right for three new male-specific insurance riders, targeting coverage gaps in prostate cancer and male infertility, and now holds six out of nine exclusive rights in South Korea's life insurance sector this year.
#YonhapInfomax #HanwhaLifeInsurance #ExclusiveRights #ProstateCancer #MaleInfertility #InsuranceRiders #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83830

Hanwha Life Insurance has launched a CEO-led task force to strengthen consumer protection, focusing on proactive risk management and enhanced internal controls.
#YonhapInfomax #HanwhaLifeInsurance #ConsumerProtection #RiskManagement #TaskForce #InsuranceClaims #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82777

South Korea's KOSPI closed slightly higher at 3,225.66, led by a surge in Meritz Financial Group on record earnings, while Hanwha Life Insurance slumped on weak results.
#YonhapInfomax #KOSPI #MeritzFinancialGroup #RecordEarnings #HanwhaLifeInsurance #InterestRateCutExpectations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77169

South Korean brokerages are accelerating their push into the US stock market, seeking licenses and acquisitions to boost service stability and profitability as retail investor demand surges; Mirae Asset leads with a self-clearing license, while Hanwha and others join the race for market share.
#YonhapInfomax #USBrokerLicense #MiraeAssetSecurities #SelfClearing #RetailInvestors #HanwhaLifeInsurance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75543

South Korean insurers have sharply raised the floor on mortgage rates, aligning with the FSC’s tough new lending curbs, as both banks and insurers move to dampen household loan demand and prevent spillover effects.
#YonhapInfomax #MortgageRates #HanwhaLifeInsurance #FinancialServicesCommission #HouseholdLoans #LoanRegulations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75325

Hanwha Life Insurance has secured a nine-month exclusive right for three new cancer insurance riders, offering comprehensive coverage from diagnosis to recovery and addressing gaps in existing cancer products.
#YonhapInfomax #HanwhaLifeInsurance #CancerInsurance #ExclusiveRights #MultidisciplinaryCare #InsuranceRiders #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=72238

Hanwha Life Insurance CEO Yeo Seung-joo will leave his post to take on a group-level role at Hanwha Group, signaling a broader executive reshuffle and a shift to a co-CEO structure at the insurer.
#YonhapInfomax #HanwhaLifeInsurance #YeoSeungJoo #HanwhaGroup #ExecutiveReshuffle #CoCEOStructure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=68418

South Korean issuers Industrial Bank of Korea and Hanwha Life Insurance successfully completed $1 billion dollar bond deals each, attracting strong global demand despite heightened Middle East geopolitical risks, signaling continued resilience in the Korean Paper market.
#YonhapInfomax #KoreanPaper #IndustrialBankOfKorea #HanwhaLifeInsurance #DollarBondIssuance #MiddleEastCrisis #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=67834

Hanwha Life Insurance plans to issue up to $1 billion in hybrid capital securities to strengthen its K-ICS ratio, following recent credit rating upgrades and a decline in capital adequacy.
#YonhapInfomax #HanwhaLifeInsurance #HybridCapitalSecurities #KICS #CreditRating #CapitalAdequacyRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64969