auto insurance

Hyundai Motor Co. and Kia Corp., the two automaking units of South Korea’s Hyundai Motor Group, in May sold more cars in the US than Ford Moto...

South Korean life insurers have made an environmental, social and governance (ESG)-themed investment in The Carlyle Group's €2 billion ($2.4 bi...

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

AIOBIO’s dental diagnostic devices will be covered by South Korea’s national health insurance from June 1. AIOBIO is the country’s...

Hyundai Motor Co.’s Santa Fe hybrid has earned higher ratings than Toyota Motor Corp.’s Highlander, one of its strongest rivals, in an e...

Global auto companies are moving forward with their electric vehicle (EV) and other future mobility initiatives as the global semiconductor shortage...

Hyundai Motor Co. is taking its standalone high-end brand Genesis to Europe, the traditional stronghold of premium cars such as BMW and Audi, as the...

South Korea’s LG Electronics Inc. said on Thursday it expects its loss-making auto parts business to turn to profit in the second half of this...

Hyundai Motor Co. on Monday unveiled an electric version of its premium brand Genesis at the opening of Auto Shanghai 2021 as the top South Korean c...

South Korea's private equity firm Hahn & Co. is seeking to sell a majority stake in Hanon Systems, a Korean automotive supplier, which is expect...

LG Electronics Inc. is aggressively expanding its automobile components business in the North American market – a move that is expected to hel...

South Korea’s 36 insurance companies have invested a combined 70 trillion won ($63 billion) in overseas alternative investments as of the end ...

Korea Post has appointed new chief investments officers of both its savings and insurance units, in an internal reshuffle of senior managers at the ...

Korean auto parts makers have rarely been favored by stock investors as they were regarded as mere subcontractors, with their performance largely de...

Samsung Electronics Co., sitting on a cash pile of more than 100 trillion won ($90 billion), is actively pursuing mergers and acquisitions, with som...

HAAH Automotive Holdings Inc., a US automobile distributor, is planning to inject $250 million into South Korea's Ssangyong Motor Co. to take a 51% ...

Korea Trade Insurance Corp. (K-Sure) has agreed to provide $3 billion in trade credit insurance to Saudi Arabia to help South Korean companies win o...

Hyundai Commercial Inc. and several local financial companies have set up a blind fund worth 300 billion won ($273 million) to provide liquidity to ...

South Korea's insurers along with Shinhan Alternative Investment Management Inc. have committed $130 million in the real estate stabilized credit (RES...

Mando Corp, a South Korean auto parts manufacturer, has been picked by the US National Aeronautics and Space Administration (NASA) as a ventilator co-...

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...

Following in the footsteps of Prudential Financial Inc., foreign insurance companies are expected to put their Korean units up for sale to meet tighte...

South Korea's jobless claims payments topped 1 trillion won ($842 million) for the third consecutive month in July, threatening to widen the shortfall...

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...

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...

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...

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...

The Government Employees Pension Service (GEPS) has picked Won-joo Seo, a former chief investment officer of PCA Life Insurance Co. Ltd. (currently, M...

Two insurance units of South Korea’s Hanwha Group have earned about £57.4 million ($75 million) in capital gains from its £159.2 million investment in...

MG Korean Federation of Community Credit Cooperatives, which manages $50 billion of assets, named Sang-hun Kim, a former managing director and head of...