The Korea Deposit Insurance Corporation (KDIC) has begun establishing a bridge insurer for MG Non-Life Insurance, committing 30 billion won ($22 million) to ensure a smooth contract transfer to major non-life insurers.
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KDIC Moves Forward with Bridge Insurer for MG Non-Life—Commits 30 Billion Won Investment

The Korea Deposit Insurance Corporation (KDIC) has begun establishing a bridge insurer for MG Non-Life Insurance, committing 30 billion won ($22 million) to ensure a smooth contract transfer to major non-life insurers.

Yonhap Infomax