Korean insurers take bold steps toward buyout, hedge funds
Hyundai Marine & Fire Insurance Co. Ltd. has recently committed €50 million ($53 million) to a €7 billion buyout fund which British private equity...
Korean insurers arrange $550 mn debt refinancing of Brookfield’s NY building
The two insurance arms of South Korea’s agricultural cooperative, Nonghyup Life Insurance Co. Ltd and Nonghyup Property & Casualty Insurance Co. L...
Korea to ease rules on insurers’ currency hedging of offshore investment
South Korea will loosen regulations in relation to the currency hedging of insurance companies’ cross-border investments, which have been blamed to in...
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...
Shinhan Securities leads M&A financing for Trench Group acquisition (edited)
Shinhan Securities Co. announced on Monday that it participated as the lead arranger in the merger and acquisition (M&A) financing of Trench Gro...
Shinhan to lead financing for battery storage project in Japan
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