Yonhap Infomax NewsMar 4
South Korea's Financial Services Commission issues management improvement order to Lotte Insurance following disapproval of its capital adequacy plan, though regulators stress the measure is preventive with normal operations continuing and solvency ratios remaining above 100%
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https://en.infomaxai.com/news/articleView.html?idxno=108044
FSC Issues Management Improvement Order to Lotte Insurance - 'Preventive Measure, Normal Operations Continue'

South Korea's Financial Services Commission issues management improvement order to Lotte Insurance following disapproval of its capital adequacy plan, though regulators stress the measure is preventive with normal operations continuing and solvency ratios remaining above 100%

Yonhap Infomax
Yonhap Infomax NewsNov 6
Lotte Insurance’s union claims South Korean regulators imposed prompt corrective action without due process, warning of major operational risks, especially in retirement pensions, as the company faces a management improvement order following a disputed FSS assessment.
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https://en.infomaxai.com/news/articleView.html?idxno=89625
Lotte Insurance Union Alleges Regulators Prejudged Inspection—Claims Company Was Denied Proper Hearing

Lotte Insurance’s union claims South Korean regulators imposed prompt corrective action without due process, warning of major operational risks, especially in retirement pensions, as the company faces a management improvement order following a disputed FSS assessment.

Yonhap Infomax