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Competition to become Korea's 4th online-only bank heats up

The race to receive the license to become South Korea’s fourth internet-only bank is growing fiercer, with four bidders announcing their will to contend. There are currently three online lenders in Korea: KBank, Kakao Bank and Toss Bank. But four new contenders -- Soso Bank, Korea Credit Data Bank, and the U-Bank and Douzone Bank consortiums -- have lined up to compete for the fourth license. In line with the l...

South-korea , Korea , Lee-yoon-sok , Cho-yong-byoung , Douzone-bank , While-soso-bank , Kb-kookmin-bank , Kakao-bank , Korea-credit-data-bank , Standard-chartered-bank-korea , Shinhan-bank

Demographic crisis drives life insurers into non-life insurance sector

Life insurance companies are progressively rolling out products aimed at covering medical expenses related to cancer, diseases, and other health threats amid a rapidly changing demographic landscape, according to industry officials, Wednesday.

Shin-seung-eun , Kyobo-life-insurance , Samsung-life-insurance , Hanwha-life-insurance , Samsung-fire , Marine-insurance , Hyundai-marine , Fire-insurance , Meritz-fire , Life-insurance , Life-insurers

Samsung Fire & Marine Insurance ends bancassurance business

Samsung Fire & Marine Insurance has stopped offering bancassurance services, after operating in the field for 21 years.

Vietnam , Republic-of , International-financial-reporting-standard , Financial-supervisory-service , Samsung-fire , Marine-insurance , Heungkuk-fire , Hyundai-marine , Fire-insurance , Bancassurance , Samsung-fire-marine-insurance

Digital platform operators expand insurance comparison services

Digital-based insurance comparison and recommendation services will be expanded to areas including pet insurance, savings plans and travel insurance products, as financial authorities aim to further boost the growth of the local insurance market, according to industry officials, Friday.

Samsung , Lotte , Hyundai , Financial-services-commission , Samsung-fire , Marine-insurance , Meritz-fire , Hyundai-marine , Fire-insurance , Kakao-pay , Naver-pay

Digital platform operators expand insurance comparison services

Digital-based insurance comparison and recommendation services will be expanded to areas including pet insurance, savings plans and travel insurance products, as financial authorities aim to further boost the growth of the local insurance market, according to industry officials, Friday.

Hyundai , Financial-services-commission , Samsung , Lotte , Samsung-fire , Marine-insurance , Meritz-fire , Hyundai-marine , Fire-insurance , Kakao-pay , Naver-pay

Nigerian Insurance industry's Q4 2023 premium hits ₦1.003 trillion

The Gross Premium Written by the Nigerian Insurance industry for the fourth quarter of 2023 stood at ₦1.003 trillion. | Pulse Nigeria

Lagos , Nigeria , Statistics-department-of-the-directorate-research , Publications-of-the-national-insurance-commission , Insurance-industry , Market-performance , Statistics-department , National-insurance-commission , Fire-insurance ,

Seoul shares fall for 2nd day on profit-taking

South Korean stocks declined for the second straight session Monday as investors sought to cash in recent gains. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index lost 10.99 points, or 0.4 percent, to close at 2,737.57. Trade volume was moderate at 479.9 million shares worth 9.78 trillion won ($7.23 billion), with losers outnumbering winners 527 to 336. Foreigners and inst...

South-korea , South-korean , Korea , Lg-energy-solution , Kb-financial-group , Samsung-electronics , Korea-composite-stock-price-index , Lee-jae-won , Hyundai-motor , Hyundai-marine , Fire-insurance

What Are The Features Of A Fire Insurance Policy?

What Are The Features Of A Fire Insurance Policy?
marketbusinessnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketbusinessnews.com Daily Mail and Mail on Sunday newspapers.

Fire-insurance , Insurable-interest ,

Letters to the Editor 02.15.24

Back to the Ballot

Monterey-county , California , United-states , Joseph-bridau , Renee-franken , Mary-adam , Vince-tuminello-pacific , Kate-daniel , Kate-daniels , George-costanza , Alan-haffa , Nate-wright

Seoul shares spike over 1% on foreign buying binge

South Korean stocks rose more than 1 percent higher for the second straight session Monday on the back of a foreign buying spree. The local currency slightly increased against the US greenback. The benchmark Korea Composite Stock Price Index added 31.5 points, or 1.19 percent, to close at 2,680.26, following a 1.34 percent jump Friday. Trade volume was slim at 413.7 million shares worth 9.6 trillion won ($7.2 billion...

Japan , Taiwan , Germany , South-korea , South-korean , German , Korea , Korea-aerospace-industries , Hanwha-aerospace , Lg-energy-solution , Shinhan-securities-co