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Why Korean life insurers are changing hands

Hans Poulsen
Consolidation is trending in South Korea's life insurance sector, with industry players facing rising challenges amid prevailing low interest rates and looming new rules.
Why Korean life insurers are changing hands

Low interest rates and an forthcoming new accounting standards have created increasingly tough circumstances for life insurers in South Korea. As a result, many small and medium-sized firms have been put up for sale.

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