Oldest insurer rebrands ­

Home > Business > Industry

print dictionary print

Oldest insurer rebrands ­


Shin Eun-chul, CEO and vice chairman of Korea Life Insurance, announces the official changing of the company’s name to Hanwha Life Insurance while speaking at the 63 Building in Yeouido, central Seoul, yesterday. Established in 1946, Korea Life Insurance ranks as the nation’s oldest private life insurer. It was acquired by Hanwha Group in 2002 and now ranks as the industry’s second-largest insurer with total assets of 70.3 trillion won ($63.27 billion). The changing of the company’s name coincided with the 60th anniversary of Hanwha Group. [YONHAP]

More in Industry

Buffet restaurants adapt to pandemic by nixing the buffets

Sale of Doosan Infracore stake could be opportunity for Hyundai Heavy

Volvo XC60 ranks No. 1 for residual value in Encar study

Binggrae to scoop up ice cream competitor after FTC approves merger

LG accepting orders for rollable, $85K television

Log in to Twitter or Facebook account to connect
with the Korea JoongAng Daily
help-image Social comment?
lock icon

To write comments, please log in to one of the accounts.

Standards Board Policy (0/250자)

What’s Popular Now