property and casualty insurance

South Korea’s intellectual property office has rejected patent applications that claimed an artificial intelligence system as their inventor, ...

South Korea’s Samsung Life Insurance Co. and Samsung Fire & Marine Insurance Co. have committed to a $650 million injection in some altern...

The National Pension Service (NPS) of South Korea committed 204.4 trillion won ($156.7 billion) to alternative investment as of end-2021, up 32.7% f...

The record rainfalls in the Seoul metropolitan area this week are expected to lead to the largest-ever claims for South Korean auto insurance firms ...

South Korea’s Hanwha Life Insurance Co. is set to kick off direct investment in overseas real estate via its subsidiary in the US, according t...

Apollo Global Management Inc., a US private equity powerhouse, is set to launch a credit business in South Korea, aiming for the local private lendi...

Apollo Global Management Inc., a US private equity powerhouse, is set to start the credit business in South Korea, aiming for the local private lend...

A consortium led by South Korea’s IGIS Asset Management Co. and US private equity giant KKR & Co. is set to acquire Shinhan Investment Cor...

South Korea’s large retailers are keen on redeveloping their decades-old stores into modern residential and commercial complexes as a way out ...

A number of financial experts who built their careers at Samsung Life Insurance Co. are in the spotlight as more South Korean pension funds and mutu...

South Korea's Lotte Tour Development Co. has decided to book 568 billion won ($440 million) in valuation gains from its stake ownership of the land ...

South Korea’s tech behemoths are turning the companies’ characters into non-fungible tokens (NFTs) with the aim of creating an intellect...

A few key institutional investors in South Korea are set to commit up to $300 million to a $3.5 billion private credit fund by US private debt man...

South Korean real estate investors prefer liquidity and stable payback on investment, as well as investing in debts amid market uncertainty. The lim...

South Korea’s NH-Amundi Asset Management Co. said on Monday that it completed selling Yuanta Securities Co.’s Korean headquarters to C...

Key asset owners of South Korea are eyeing logistics centers and multifamily housing for real estate investing while planning to reduce exposure to ho...

NongHyup Life Insurance Co. of South Korea is slated to issue 10-year-maturity subordinated bonds worth 600 billion won ($492.6 million) on March 31...

South Korea's key insurers are rushing to increase their equity capital ahead of two new solvency regulations set to take effect from Jan. 1, 2023. ...

  Most new asset management firms in South Korea end up lagging the competition due to their smaller sizes. They suffer from operating losses ...

Former prosecutor general Yoon Suk-yeol on Wednesday was elected South Korea's next president, pledging drastic deregulation and investor-friendly m...

Private equity firm Actis LLP has promoted its Seoul office Chief Executive Scott Choi as a partner, the company said on March 7. Choi is the first ...

South Korean companies are expected to pay more for fundraising as Russia’s invasion of Ukraine has chilled investor sentiment on corporate bo...

The merger of KB Life Insurance Co., an insurer under KB Financial Group Inc. of South Korea, and Prudential Life Insurance Co. of Korea will be c...

Some major institutional investors of South Korea have committed a combined $620 million to Partners Group’s third direct infrastructure progr...

Korea Investment Corporation (KIC) signed an agreement on Feb. 24 with Seoul Guarantee Insurance Company (SGI) to co-invest in overseas hedge fund...

South Korea’s retail giant Shinsegae Inc. has acquired US winery Shafer Vineyards for $250 million to consolidate its leadership in the domest...

Public Officials Benefit Association (POBA) of South Korea has named Huh Jang, former head of investment at DB Insurance Co. as its new chief inve...

South Korea’s central bank on Friday raised interest rates back to a pre-pandemic level, signaling further hikes to curb rising inflationary p...

Retail conglomerate E-Land Group completed selling its first overseas logistics center in Shanghai for about 1.4 billion Chinese yuan ($2.2 billion)...

The combined total assets of real estate investment trusts (REITs) in Korea surpassed 70 trillion won ($58.4 billion) as of the end-2021, 20 years a...