MG Non-life Insurance

kdic-reopens-yebyeol-insurance-sale-bid-after-failed-first-auction

KDIC selects OK Financial as preferred bidder for Yebyeol Insurance

July 13 2026

The preferred bidder is expected to sign a stock purchase agreement in the third quarter, with the acquisition targeted for completion before year-end.

Yebyeol General Insurance, Non-Life Insurance

Kyobo Life enters bid to acquire Yebyeol General Insurance - Report

June 3 2026

Kyobo joins Korea Investment Holdings and Heungkuk Fire & Marine Insurance in the bidding race.

KDIC relaunches Yebyeol General Insurance bidding process after April setback

May 12 2026

If the sale fails again, Yebyeol’s insurance contracts are set to move to five leading South Korean non-life insurers.

MG Non-Life Insurance faces possible liquidation as Meritz withdraws takeover bid

March 13 2025

The KDIC will seek buyers again, but a sale remains unlikely after five failed attempts.

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