Will Shinhan accelerate establishment of digital insurer?
Posted : 2020-12-18 15:36
By Lee Min-hyung Shinhan Life Insurance CEO Sung Dae-kyu
Shinhan Financial Group is expected to speed up its drive for the launch of a digital life insurer next year, after uncertainties over top management controlling the group s insurance business were cleared away during a recent year-end reshuffle.
In recent years Shinhan been searching for a non-life insurance firm, in a move to complete building its group-wide insurance portfolio. For now, the financial group has two life insurers, Shinhan Life Insurance and Orange Life Insurance, which will be integrated into one entity in July 2021.
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