SEOUL, Nov. 11 (Korea Bizwire) — Hanwha Life Insurance Co. hosted a vertical marathon Sunday at its headquarters, the 63 Building in Yeouido, central Seoul. This year’s event, the 17th of its kind, featured a race to climb the skyscraper’s 1,251 stairs. Kim Hong-joo, 38, won the men’s title with a time of 8 minutes and [...]
SEOUL, Dec. 26 (Korea Bizwire) — Total assets held by South Korea’s private insurers surpassed the 1,000 trillion won (US$926 billion) mark in 2016, 94 years after the first firm started operations, industry data showed Monday. The 2016 insurance statistical yearbook released by Korea Insurance Development Institute, showed combined assets held by local insurance agencies [...]
SEOUL, March 2 (Korea Bizwire) – South Korea’s top-three life insurers – Samsung, Hanwha and Kyobo – have decided to pay all overdue suicide claims, giving in to regulators’ punitive steps, industry officials said Thursday. Samsung will pay a total of 174 billion won (US$152 million) in respect of its policyholders who committed suicide on [...]
SEOUL, July 27 (Korea Bizwire) — Office workers prefer to sit next to colleagues that are good at grilling meat at company dinners, rather than those who are fun, a new survey shows. Pork and soju were the preferred food and beverage choices, outnumbering chicken and beer. According to a survey conducted by Hanwha Life Insurance over [...]
SEOUL, May 13 (Korea Bizwire) – Hanwha Life Insurance helped the low-income Vietnamese families get medical services by offering them health insurance policies. On May 12, Hanwha Life gave out 1,000 health insurance certificates to the poor households in Ho Chi Minh City. Besides, the life insurer plans to offer a total of 10,422 certificates [...]