SEOUL, March 19 (Korea Bizwire) — A car accident between a Lamborghini Gallardo and a Renault Samsung SM7 on March 14, which resulted in sympathetic opinions from Korean SNS users, turned out to be a fraudulent scheme planned by two drivers seeking a big insurance payout, according to an announcement from Dongbu Insurance on March 18. [...]
SEOUL, Jan. 29 (Kore Bizwire) – Dongbu Insurance will become the largest shareholder of Vietnam’s Post & Telecommunications Insurance (PTI) by acquiring 37 percent of its shares, investing a total of 50 billion won (US$45.8 million). Dongbu announced on January 28 that it would sign a contract to purchase the share of the fifth largest Vietnamese [...]
SEOUL, Jan. 18 (Korea Bizwire) — Dongbu Insurance has formed a US$ 200 million joint investment fund with MetLife and Manulife Financial to expand its foreign investment portfolio. According to investment banking industry experts, Dongbu Insurance has partnered with Manulife Financial in a US$ 100 million joint investment fund to finance infrastructure and real estate in the [...]