Tong Yang Life
TONG YANG Life maintains stability amidst ownership change
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
Tong Yang Life's profit prospects strong under new ownership
Woori FG is supported by Woori Bank, one of Korea’s domestic systemically important banks.
South Korean life insurers' interest payment burden rising: report
Their financial performance is diverse but has decayed amidst the prolonged low interest rates.
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1. Manulife Singapore issues record-breaking $408m single life insurance policy 2. Asia-Pacific insurers face $200b legacy tech burden 3. Generative AI in insurance could unlock $50b to $70b revenue: McKinsey 4. Great Eastern profit jumps 21% despite 15% sales drop 5. India's commercial rates plunge up to 25% in Q4Resource Center
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