Top non-life insurers propose launching similar products to absorb MG Non-Life policyholders, offering alternative to complex contract transfers amid restructuring efforts
#YonhapInfomax #MGNonLifeInsurance #ContractTransfer #InsuranceRestructuring #PolicyholderProtection #FinancialAuthorities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=59298

Financial authorities opt for contract transfer to resolve MG Non-Life Insurance, aiming to protect policyholders amid challenges from union opposition and potential high costs, reminiscent of past Regent Fire & Marine case.
#YonhapInfomax #MGNonLifeInsurance #ContractTransfer #PolicyholderProtection #InsuranceRestructuring #FinancialAuthorities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=56085