Shinhan Life Insurance
Scope
Date
~
-
Star choreographer inspires in four-minute offerings
She's the choreographer of One Million Dance Studio with more than 20 million YouTube subscribers, choreographer of K-pop stars such as Hyo-ri Lee, Gi...
Oct 21, 2020 (Gmt+09:00)
-
Interview
Blackstone leans into warehouse, life science properties
The Blackstone Group, which four years ago held the world’s largest hotel portfolio, has shed most of its hotel investments over the past few ye...
Oct 14, 2020 (Gmt+09:00)
-
Bond issue
Shinhan Card to issue $300 mn in dollar bonds; first such issue in 13 years
Shinhan Card Co. is set to issue $300 million (about 340 billion won) worth of dollar bonds at the end of this month for overseas investors, according...
Oct 06, 2020 (Gmt+09:00)
-
M&As
Shinhan seeks to acquire stake in JV with BNP Paribas in split move
Shinhan Financial Group is seeking to acquire a stake held by BNP Paribas in a joint venture in what is widely seen as the South Korean holding compan...
Oct 06, 2020 (Gmt+09:00)
-
Bond issue
Shinhan Bank sells $285 mn in Australian-dollar social bonds
Shinhan Bank has raised A$400 million ($285 million) in five-year bonds denominated in the Australian dollar to fund lending to pandemic-hit companies...
Sep 23, 2020 (Gmt+09:00)
-
AXA General sale off to shaky start with Kyobo Life as sole bidder
The sale process of AXA General Insurance Co. got off to a shaky start with only Kyobo Life Insurance Co. making a preliminary bid on Sept. 18. S...
Sep 18, 2020 (Gmt+09:00)
-
Hyundai Capital sells $2.5 bn dollar bond; Tongyang Life issues $300 mn perpetual bond
Hyundai Capital America, the US capital arm of Hyundai Motor Group, has issued $2.5 billion worth of global bonds, the largest amount for a local comp...
Sep 16, 2020 (Gmt+09:00)
-
Private equity
KKR’s strategic relationship with Shinhan Financial fizzles
Back in 2018, KKR & Co. tentatively agreed to buy a minority stake in South Korea’s Shinhan Financial Group to build a strategic relationshi...
Sep 15, 2020 (Gmt+09:00)
-
Rights offering
Affinity Equity, Baring PEA tipped to invest $1 bn in Shinhan Financial
Affinity Equity Partners and Baring Private Equity Asia will likely invest a combined 1.2 trillion won ($1 billion) in new shares of Shinhan Financial...
Sep 04, 2020 (Gmt+09:00)
-
Corporate governance
Samsung Life shares rally as governance issue looms on likely stake sale
Shares of South Korea’s largest life insurer, Samsung Life Insurance Co., have rallied in recent sessions on expectations that the company will ...
Sep 02, 2020 (Gmt+09:00)
-
Private equity
Hanwha Life commits $400 mn to KKR’s new Asia buyout fund
Hanwha Life Insurance Co. Ltd., South Korea’s second-biggest life insurer, has committed around $400 million to KKR & Co.’s new Asia b...
Aug 25, 2020 (Gmt+09:00)
-
M&A
Insurance giant AXA seeks buyers for a 100% stake in Korean AXA General
AXA, a French multinational insurance group, is keen to sell a 100% stake in its South Korean operation, AXA General Insurance Co., according to indus...
Aug 19, 2020 (Gmt+09:00)
-
Private equity
Foreign insurers’ Korean units likely up for sale on tougher rules, falling profits
Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...
Aug 11, 2020 (Gmt+09:00)
-
Joblessness rate
Korea’s July jobless claims hit $1 bn; insurance funds’ deficit to widen
South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...
Aug 10, 2020 (Gmt+09:00)
-
Insurance
US insurer Cigna’s Korean unit says no decision yet on its possible sale
LINA Life Insurance Co., wholly owned by the US life insurance group Cigna, said on August 6 that its parent group has not made a decision to sell the...
Aug 06, 2020 (Gmt+09:00)
-
Reinsurance
Carlyle to enter Korea’s reinsurance market with Korean Re for embattled insurers
The Carlyle Group has joined hands with Korean Re, the largest reinsurer in South Korea, to become the first co-reinsurance providers in a market esti...
Aug 04, 2020 (Gmt+09:00)
-
Insurance
US insurer Cigna to put Korean life insurance arm up for sale
The US life insurance group Cigna has recently decided to put its South Korean insurance unit on the market and hired Goldman Sachs as the sale manage...
Jul 24, 2020 (Gmt+09:00)
-
Asset management
Shinhan Financial in search to acquire traditional asset manager
Shinhan Financial Group, one of Korea's largest financial holding firms, has reached out to asset management companies that are well-versed ...
Jul 20, 2020 (Gmt+09:00)
-
M&A
NH, Shinhan fund Helsinki office complex purchase with $210 mn equity
NH Investment & Securities Co. Ltd. and Shinhan Investment Corp. have underwritten about 250 billion won ($210 million) in equity to fund the 480 ...
Feb 04, 2020 (Gmt+09:00)
-
M&A
Shinhan backs AMP Capital’s $763 mn US data center acquisition
Shinhan Investment Corp. has provided 194.1 billion won ($162 million) in financing for AMP Capital’s 911 billion-won ($763 million) acquisition...
Feb 03, 2020 (Gmt+09:00)
-
M&A
Prudential Life draws Taiwan’s Fubon Fin, four Korean prelim bidders
Taiwan’s Fubon Financial Holdings, KB Financial Group and three Seoul-based private equity firms have submitted letters of intent to acquire 100...
Jan 17, 2020 (Gmt+09:00)
-
Private equity
Shinhan Financial to raise $200 mn for KKR’s tailor-made funds
Shinhan Financial Group will raise $200 million for two KKR funds of funds (FoFs) tailor-made for the South Korean banking group, under a strategic pa...
Jan 10, 2020 (Gmt+09:00)
-
Alternative investment
Shinhan raises $330 mn for Carlyle’s bespoke revolving loan fund
Shinhan Alternative Investment Management Inc. (SAIM) has raised $330 million for the Carlyle Group’s newly launched revolving loan fund (CREV) ...
Jan 07, 2020 (Gmt+09:00)
-
Prudential Financial
Prudential seeks to sell Korean insurance arm in estimated $2 bn deal
Prudential Financial Inc. has put its South Korean life insurance arm on the market, as the US insurance giant is seeking to shed part of overseas ass...
Dec 03, 2019 (Gmt+09:00)
-
Alternative investment
Shinhan provides $100 mn mezzanine loan on Brookfield’s US hotel
Shinhan Investment Corp. has provided a $100 million mezzanine loan on Brookfield’s resort hotel in Florida which recently secured $560 million ...
Oct 14, 2019 (Gmt+09:00)
-
Hana Fin, Lotte Non-life lend $85 mn for US midstream project
Hana Financial Investment Co. Ltd. and Lotte Non-life Insurance Co. Ltd. have lent $85 million in a mezzanine loan on Salt Creek Midstream LLC in Texa...
Jul 29, 2019 (Gmt+09:00)
-
GEPS picks insurance asset management veteran as CIO
The Government Employees Pension Service (GEPS) has picked Won-joo Seo, a former chief investment officer of PCA Life Insurance Co. Ltd. (currently, M...
May 14, 2019 (Gmt+09:00)
-
Shinhan to lend $150 mn senior loan on US energy deal: report
Shinhan Investment Corp. will provide a $150 million senior loan to an energy company of Ares Management LP to finance its acquisition of a US midstre...
Dec 21, 2018 (Gmt+09:00)
-
Shinhan buys KPMG-leased Prague building for $58 mn: report
Shinhan Investment Corp., a brokerage arm of South Korea’s leading banking group, has bought a KPMG-leased office building in central Prague for 65 ...
Dec 20, 2018 (Gmt+09:00)
-
Affinity Equity-led group to exercise put option on $1.8 bn Kyobo Life shares
A consortium led by Affinity Equity Partners will push ahead with exercising their right to sell shares in South Korea’s Kyobo Life Insurance Co. Ltd....
Dec 04, 2018 (Gmt+09:00)