News Non-Life11 May 2020

South Korea:Financial group completes purchase of 70% stake in general insurer

11 May 2020

The Financial Services Commission has approved the acquisition of a 70% stake in The-K Non-Life Insurance by Hana Financial Group. This is Hana's first acquisition in the non-banking sector and part of the group's bid to boost earnings from the non-banking financial sector.

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