Woori signs deal to acquire Tongyang Life and ABL Life for US$1.16bn

Woori Financial Group aims to diversify portfolio with acquisitions, but faces regulatory scrutiny due to recent loan scandals.

Share

Woori signs deal to acquire tongyang life and abl life for us 16bn
Picture of Editorial team

Editorial team

THIS PREMIUM INSIGHT IS FOR SUBSCRIBERS ONLY.

Stay ahead with precise, independent journalism of APAC's insurance markets.

Unlocked access today:

Already subscribed? Log in using the form below or click here

Read next

lic-planned-health-insurance-entry-could-reshape-market-dynamics-globaldata
iccsc-unveils-new-action-plan-to-help-build-trust-in-singapores-insurance-sector
ageing-workforce-demands-employees-comp-rethink
beazleys-new-apac-head-looks-to-strong-growth-in-cyber-property-and-marine
singapore-life-industry-sees-strong-premium-growth-through-first-three-quarters-of-2024
gen-z-demongraphic-shift-highlights-need-for-flexible-insurance-products
sirc-2024-reflections-living-in-a-world-of-accelerated-risk
asia-insurtech-funding-falls-with-global-investment-expected-to-stabilise-at-us4-2bn-in-2024
what-the-us-election-result-means-for-asias-insurance-markets
industry-needs-to-adapt-and-reshape-image-to-attract-young-talent-canopius-report

Share this article