South Korea's variable insurance assets have surpassed 120 trillion won ($90.5 billion) for the first time, driven by strong inflows into equity funds as the KOSPI index enters the 'Ocheongpi' (5,000-point) era, with equity allocations rising and major insurers posting robust returns.
#YonhapInfomax #VariableInsurance #KOSPI #SamsungLifeInsurance #EquityFunds #NetAssets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=104199
'Ocheongpi' Era - Variable Insurance Assets Surpass 120 Trillion Won as Equity Allocation Rises
South Korea's variable insurance assets have surpassed 120 trillion won ($90.5 billion) for the first time, driven by strong inflows into equity funds as the KOSPI index enters the 'Ocheongpi' (5,000-point) era, with equity allocations rising and major insurers posting robust returns.
Samsung Life Surpasses 40% Dividend Payout Ratio as Insurers Accelerate Shareholder Returns
Samsung Life and other major South Korean insurers are accelerating shareholder returns, with payout ratios surpassing 40% amid strong capital positions and the government’s Value-Up drive.
Samsung Life Insurance and Samsung Fire & Marine Insurance maintained strong net profits above 2 trillion won in 2023, enabling them to pay substantial performance bonuses to employees, outpacing industry peers in both profitability and financial soundness.
#YonhapInfomax #SamsungLifeInsurance #SamsungFireAndMarine #NetProfit #PerformanceBonus #InsuranceIndustry #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103229
[Insurance Company Tidbits]'2 Trillion Club' Strength - Samsung Life and Samsung Fire & Marine Reward Staff with Generous Bonuses
Samsung Life Insurance and Samsung Fire & Marine Insurance maintained strong net profits above 2 trillion won in 2023, enabling them to pay substantial performance bonuses to employees, outpacing industry peers in both profitability and financial soundness.
Samsung Life Insurance has expanded its digital identity verification options for foreign customers, now accepting mobile alien registration cards and leveraging blockchain-based DID technology to enhance security and convenience in non-face-to-face financial transactions.
#YonhapInfomax #SamsungLifeInsurance #ForeignCustomers #MobileID #Blockchain #IdentityVerification #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=101910
Samsung Life Expands Identity Verification for Foreign Customers to Include Mobile IDs
Samsung Life Insurance has expanded its digital identity verification options for foreign customers, now accepting mobile alien registration cards and leveraging blockchain-based DID technology to enhance security and convenience in non-face-to-face financial transactions.
Samsung Life and Samsung Fire Widen Lead Over Rivals Amid Insurance Sector Downturn
Samsung Life and Samsung Fire posted robust net profits above 2 trillion won in 2025, widening their lead over rivals despite a challenging insurance market, driven by product expansion and overseas growth.
Samsung Life Insurance shares surged after reports that Samsung's financial affiliates are considering acquiring a significant stake in Dunamu, operator of Upbit, though Samsung Life denied ongoing talks.
#YonhapInfomax #SamsungLifeInsurance #Dunamu #StakeAcquisition #KakaoInvestment #DigitalAssets #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=100225
KOSPI Surges Past 4,800 for First Time Ever—Samsung Life Soars
South Korea's KOSPI index broke the 4,800 mark for the first time ever, driven by gains in Samsung Electronics and Samsung Life, amid strong global risk appetite and robust AI chip demand.
Samsung Life Insurance CEO Hong Won-hak announced plans to transform the company into a life care integrated financial platform, emphasizing qualitative growth, AI-driven innovation, and a customer-first approach in his New Year's address.
#YonhapInfomax #SamsungLifeInsurance #LifeCarePlatform #QualitativeGrowth #ArtificialIntelligence #CustomerValue #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=98040
[New Year's Address]Hong Won-hak, CEO of Samsung Life Insurance, Outlines Transition to Life Care Platform
Samsung Life Insurance CEO Hong Won-hak announced plans to transform the company into a life care integrated financial platform, emphasizing qualitative growth, AI-driven innovation, and a customer-first approach in his New Year's address.
Samsung Life Insurance has been named the top insurer in the Ministry of Employment and Labor's 2025 retirement pension provider evaluation, leading the sector with 51 trillion won ($38.5 billion) in reserves and top-tier returns for DC and IRP products.
#YonhapInfomax #SamsungLifeInsurance #RetirementPension #MinistryOfEmploymentAndLabor #AssetManagement #51TrillionWon #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=94737
Samsung Life Insurance Named Top Insurer in 2025 Retirement Pension Provider Evaluation
Samsung Life Insurance has been named the top insurer in the Ministry of Employment and Labor's 2025 retirement pension provider evaluation, leading the sector with 51 trillion won ($38.5 billion) in reserves and top-tier returns for DC and IRP products.
South Korea’s FSS ends non-standard accounting for life insurers, with NICE Investors Service saying the move will have limited impact on Samsung Life’s credit rating as 13 trillion won in liabilities is likely to be reclassified as capital.
#YonhapInfomax #SamsungLifeInsurance #NICEInvestorsService #CreditRating #IFRS17 #PolicyholderEquityAdjustment #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=93541
NICE Investors Service Says End of Non-Standard Accounting Has Limited Impact on Samsung Life's Credit Rating
South Korea’s FSS ends non-standard accounting for life insurers, with NICE Investors Service saying the move will have limited impact on Samsung Life’s credit rating as 13 trillion won in liabilities is likely to be reclassified as capital.
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