Korean insurers to acquire L’Oréal’s office building near Paris for $500 mn

South Korea’s Vestas Investment Management Co. Ltd. was selected as a preferred buyer of an office building of L’Oréal near Paris late last month, and...

Korean insurers invest $100 mn in Google-leased Silicon Valley building

South Korean insurance firms have invested about 120 billion won ($100 million) in senior loans secured by an office tower in Silicon Valley leased to...

Korean funds, NH insurers to invest $215 mn in mezzanine debt of Google NY building

Two South Korean savings funds are set to invest 100 billion won ($85 million) in junior mezzanine debt secured by a Manhattan office building leased ...

Korean insurers tapped for Google NY building-backed $130 mn mezzanine loans

South Korea’s IGIS Asset Management Co. Ltd. is tapping domestic insurance companies to sell mezzanine loans of about 150 billion won ($130 million) s...

Korean insurers to invest $240 mn in senior loans for US FBI building

South Korean life and non-life insurance firms will provide about $240 million worth of senior financing for a historic 10-story office building in Wa...

Korea insurer buys shares in Lending Club, sees P2P loans as new alternative

South Korea’s Hanwha Life Insurance Co. Ltd. has bought a 4.1% stake in U.S. Lending Club Corp., the world’s largest peer-to-peer (P2P) lender, for ar...

Korea Post names new insurance asset head from within; 3rd replacement in 1 year

Korea Post has appointed a long-serving senior government official as the new head of its insurance asset investments who will also take a quasi-chief...

[Korean Money Going Abroad] Korea insurers up overseas investments, eyeing foreign asset managers

South Korean insurance companies have been raising investments in overseas investments by more than 50% since the start of this year and also consider...