South Korea’s insurance sector is accelerating efforts to build AI governance frameworks as regulators prepare new guidelines, with major insurers expanding AI leadership and infrastructure to drive profitability and innovation.
#YonhapInfomax #AIGovernance #KBInsurance #KyoboLifeInsurance #FinancialSupervisoryService #RiskManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=103699

South Korea’s second-tier life insurers, including Kyobo Life, Hanwha Life, and Shinhan Life, are intensifying competition for exclusive new products in early 2026, seeking to differentiate offerings and secure market share amid a sluggish insurance sector.
#YonhapInfomax #LifeInsurance #KyoboLifeInsurance #HanwhaLifeInsurance #ExclusiveUsageRights #NewProductCompetition #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=102338

South Korea's insurance sector is targeting a turnaround in 2026, with major players pursuing profitability, M&A, holding company transitions, and enhanced consumer protection amid renewed industry momentum.
#YonhapInfomax #KyoboLifeInsurance #SBIHoldings #MergersAndAcquisitions #Profitability #ConsumerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99477

Kyobo Life Insurance has introduced a Financial Consumer Protection Code of Conduct, pledging four key commitments to enhance customer trust and ensure comprehensive coverage.
#YonhapInfomax #KyoboLifeInsurance #ConsumerProtection #CodeOfConduct #ComprehensiveCoverage #InsurancePayouts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=99308

Kyobo Life Insurance Chairman Shin Chang-jae has set consumer protection and AI-driven transformation as top priorities for 2026, urging a shift away from unhealthy sales practices and emphasizing the need for operational innovation amid slowing industry growth.
#YonhapInfomax #KyoboLifeInsurance #ConsumerProtection #ArtificialIntelligence #InsuranceIndustry #FinancialPlanners #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=98044

Kyobo Life Insurance appoints third-generation heir Shin Jung-ha to lead groupwide AI transformation, reflecting the growing importance of digital and AI strategies in South Korea’s financial sector.
#YonhapInfomax #KyoboLifeInsurance #AITransformation #ShinJungHa #DigitalStrategy #AXSupportDivision #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95518

South Korean insurers are accelerating governance reforms, revising CEO succession rules and strengthening board oversight, following regulatory guidance and global best practices.
#YonhapInfomax
#GovernanceReform #KyoboLifeInsurance #DBInsurance #CEOSuccession #FinancialServicesCommission
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=95004

Kyobo Life Insurance’s planned acquisition of SBI Savings Bank faces regulatory scrutiny over a mandatory dividend clause in the shareholder agreement, raising concerns about deal structure and management control.
#YonhapInfomax #KyoboLifeInsurance #SBISavingsBank #ShareholderAgreement #DividendMandate #ManagementControl #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=93221

Kyobo Life Insurance Co. led South Korea’s retirement pension market in Q3, posting a 10.27% one-year return for non-principal-protected DB products, the highest among major providers, and maintaining strong performance through differentiated investment strategies.
#YonhapInfomax #KyoboLifeInsurance #RetirementPension #DefinedBenefit #InvestmentReturns #AssetManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90580

Kyobo Life Insurance has secured exclusive rights for a new rider covering hereditary female cancer gene and NGS panel tests, marking an industry first in South Korea's insurance sector and expanding personalized cancer care options for women.
#YonhapInfomax #KyoboLifeInsurance #HereditaryCancer #GeneTesting #NGSPanel #ExclusiveRights #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90190

Kyobo Life Insurance launches a customer panel system, integrating client feedback into product and service innovation, with a focus on tailored health insurance solutions and enhanced customer-centric management.
#YonhapInfomax #KyoboLifeInsurance #CustomerPanel #HealthInsurance #ProductInnovation #CustomerCentricManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87093

Kyobo Life Insurance has launched South Korea’s first MyData-based retirement planning simulation service, enabling users to view and project pension assets in one app, as survey data highlights insufficient retirement preparation among those in their 40s and 50s.
#YonhapInfomax #KyoboLifeInsurance #RetirementPlanning #MyData #PensionAssets #SurveyData #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85752

South Korea’s insurance sector is accelerating digital transformation by integrating generative AI into policy sales, claims, and underwriting, with major players like Kyobo Life, Hanwha Life, and KB Insurance launching AI-powered services to boost efficiency and customer experience.
#YonhapInfomax
#GenerativeAI #KyoboLifeInsurance #DigitalTransformation #InsuranceClaims #FinancialServicesCommission
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=84010

Minority shareholders have appealed a Seoul court ruling upholding Kyobo Securities' 4.5 trillion won rights issue, reigniting a legal battle over equity dilution after the capital increase boosted Kyobo Life's stake and sharply reduced minority holdings.
#YonhapInfomax #KyoboSecurities #RightsIssue #MinorityShareholders #EquityDilution #KyoboLifeInsurance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83943

Kyobo Life Insurance is helping customers recover an average of 47 billion won ($35.4 million) in unclaimed insurance payouts each month through its Lifelong Assurance Service and digital asset search tools, reflecting a growing industry focus on customer protection and digital innovation.
#YonhapInfomax #KyoboLifeInsurance #InsurancePayouts #LifelongAssuranceService #MyData #CustomerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=82056

Kyobo Life Insurance Co. has published its 15th annual sustainability report, highlighting ESG achievements, major investments in green assets, and ongoing efforts to enhance consumer protection and stakeholder value.
#YonhapInfomax #KyoboLifeInsurance #SustainabilityReport #ESGManagement #GreenInvestment #ConsumerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=77040

Kyobo Life Insurance has filed a lawsuit against Hyundai Investment Asset Management after a variable insurance index fund suffered a 10% loss on a day when the KOSPI surged, alleging excessive derivatives exposure and risk control failures.
#YonhapInfomax #KyoboLifeInsurance #HyundaiInvestmentAssetManagement #KOSPI #IndexFund #DerivativesExposure #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76183

Kyobo Life Insurance Chairman Shin Chang-jae warned that only customer-centric companies will survive, citing intense competition and regulatory pressures in South Korea's insurance sector, and called for accelerated digital transformation and ethical sales practices.
#YonhapInfomax #KyoboLifeInsurance #ShinChangJae #CustomerCentric #InsuranceCompetition #DigitalTransformation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=76011

Kyobo Life Insurance has reduced its average processing time for customer complaints to just 0.8 days, leveraging automation and data-driven systems to enhance customer satisfaction.
#YonhapInfomax #KyoboLifeInsurance #VoiceOfCustomer #ProcessingTime #CustomerSatisfaction #ManagementSupportSystem #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65525

Kyobo Lifeplanet sells insurtech subsidiary Fortress Innovation to Kyobo Life affiliate for 9.5 billion won, aiming to enhance IT synergies and strengthen actuarial expertise
#YonhapInfomax #KyoboLifeplanet #InsurtechSubsidiary #FortressInnovation #KyoboLifeInsurance #AssetLiabilityManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=64520