Mirae Asset Life Reports 130.8 Billion Won Net Profit in 2025—Accelerates 'Korean Berkshire Hathaway' Model
Mirae Asset Life Insurance posted a 3.9% drop in 2025 net profit to 130.8 billion won, but saw double-digit CSM growth as it advances its 'Korean Berkshire Hathaway' strategy.
Mirae Asset Life Insurance has upgraded its senior-focused insurance products, expanding coverage for dementia, long-term care, and in-home nursing to address gaps in protection for South Korea’s aging population.
#YonhapInfomax #MiraeAssetLifeInsurance #Dementia #LongTermCare #SeniorCustomers #InsuranceProductUpdate #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=102132
Mirae Asset Life Strengthens Senior Insurance Offerings—Expanded Coverage for Dementia, Long-Term Care, and Nursing
Mirae Asset Life Insurance has upgraded its senior-focused insurance products, expanding coverage for dementia, long-term care, and in-home nursing to address gaps in protection for South Korea’s aging population.
South Korean insurers are overhauling CEO succession procedures and strengthening governance frameworks, with best practice guidelines set for pilot implementation from Q1 to enhance transparency and board oversight.
#YonhapInfomax #Insurers #CEOSuccession #CorporateGovernance #MiraeAssetLifeInsurance #FinancialAuthorities #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98260
Insurers Overhaul CEO Succession Procedures—Best Practice Guidelines to Be Piloted from Q1
South Korean insurers are overhauling CEO succession procedures and strengthening governance frameworks, with best practice guidelines set for pilot implementation from Q1 to enhance transparency and board oversight.
Mirae Asset Life Insurance employees joined a volunteer initiative in Seoul to support vocational rehabilitation for people with disabilities, assisting with packaging work to promote economic independence and social inclusion.
#YonhapInfomax #MiraeAssetLifeInsurance #VocationalRehabilitation #Disabilities #VolunteerActivity #EconomicIndependence #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=97205
Mirae Asset Life Employees Sweat It Out in Vocational Rehabilitation Packaging Volunteer Work for People with Disabilities
Mirae Asset Life Insurance employees joined a volunteer initiative in Seoul to support vocational rehabilitation for people with disabilities, assisting with packaging work to promote economic independence and social inclusion.
Mirae Asset Life Insurance Closes Applications for Second-Half University Graduate Recruitment on the 31st
Mirae Asset Life Insurance Co. has launched its second-half recruitment for new university graduates, with applications open until October 31 for roles in data analytics, IT, and actuarial fields.
South Korean insurers are accelerating subordinated bond issuance in Q4, with capital securities on track to reach a record annual high, driven by call option deadlines and robust investor demand despite market uncertainties.
#YonhapInfomax #SubordinatedBonds #CapitalSecurities #MiraeAssetLifeInsurance #MeritzFireAndMarineInsurance #KICSRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=85737
Insurers Ramp Up Subordinated Bond Issuance—Capital Securities Set for Record High Again This Year
South Korean insurers are accelerating subordinated bond issuance in Q4, with capital securities on track to reach a record annual high, driven by call option deadlines and robust investor demand despite market uncertainties.
Mirae Asset Life Gold Investment Fund Delivers 49% Cumulative Return
Mirae Asset Life Insurance's Gold Investment Fund has achieved a 49.1% cumulative return, outperforming amid US rate cut expectations and growing demand for gold-linked assets.
South Korea’s variable insurance funds are rapidly increasing allocations to US equities amid the AI investment boom, with Mirae Asset Life Insurance Co. leading the trend by allocating 74% of its assets overseas and posting standout returns.
#YonhapInfomax #MiraeAssetLifeInsurance #VariableInsurance #USEquities #AISuperCycle #OverseasAllocation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=79270Variable Insurance Funds Ride AI Cycle—Mirae Asset Life’s Overseas Allocation Hits 74%
South Korea’s variable insurance funds are rapidly increasing allocations to US equities amid the AI investment boom, with Mirae Asset Life Insurance Co. leading the trend by allocating 74% of its assets overseas and posting standout returns.
Mirae Asset Life Insurance Co. reported a 51% year-on-year jump in H1 pre-tax profit to KRW 102.1 billion ($77.6 million), driven by strong growth in protection-type new contracts and robust financial soundness under new accounting standards.
#YonhapInfomax #MiraeAssetLifeInsurance #PreTaxProfit #ProtectionInsurance #ContractualServiceMargin #KICSRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=77155
Mirae Asset Life Reports 51% Surge in H1 Pre-Tax Profit to KRW 102.1 Billion on Robust Protection-Focused New Business Growth
Mirae Asset Life Insurance Co. reported a 51% year-on-year jump in H1 pre-tax profit to KRW 102.1 billion ($77.6 million), driven by strong growth in protection-type new contracts and robust financial soundness under new accounting standards.
Yonhap Infomax News