News
Iran Signals Possible Future "Transit Fees" for Hormuz Passage (Comprehensive)
3+ day, 3+ hour ago (244+ words) Published 20 Jun. 2026 10: 21(KST) Updated 20 Jun. 2026 10: 43(KST) There have been reports from foreign media that Iran may begin charging a "insurance fee" for ships passing through the Strait of Hormuz, based on a memorandum of understanding (MOU) concluded with the United…...
Supreme Court: Commissions Paid to Other Firms' Insurance Planners Not Recognized as Corporate Tax Expenses
1+ week, 1+ day ago (169+ words) Published 15 Jun. 2026 06: 00(KST) Supreme Court, Seocho-gu, Seoul. Yonhap News Agency According to the legal community on June 15, the Supreme Court (Presiding Justice Oh Kyungmi) recently upheld the lower court's decision, which ruled against the plaintiff in the appeal trial filed…...
Korea Insurance Development Institute Signs Business Agreement with Toyota Motor Korea. .. "Enhancing Convenience for Discount Policy Enrollment"
3+ week, 5+ hour ago (311+ words) Published 02 Jun. 2026 08: 30(KST) The Korea Insurance Development Institute announced on June 2 that it had signed a business agreement with Toyota Motor Korea at the headquarters of Toyota Motor Korea in Jung-gu, Seoul, on June 1. Toyota Motor Korea will provide detailed…...
KB Life Launches "KB Just Right 0540 Health Insurance"
3+ week, 1+ day ago (432+ words) Published 01 Jun. 2026 10: 38(KST) On June 1, KB Life announced the launch of the "KB Just Right 0540 Health Insurance (Non-Participating)" in response to the growing demand for health coverage for both children and adults. This new product is a comprehensive health insurance…...
Kyobo Life Insurance Refreshes Gwanghwamun Slogan Board: "Believe in Your Potential and Move Forward with Confidence"
3+ week, 1+ day ago (240+ words) Published 01 Jun. 2026 09: 30(KST) Kyobo Life Insurance announced on June 1 that it has refreshed the Gwanghwamun Slogan Board for the summer season. The message sensuously depicts the moment a young, curled leaf unfurls. Just as this moment of emergence requires intense…...
KB Life and KB Insurance Partner with UFirst GA to Establish a Sound Financial Consumer Protection Business Culture
1+ mon, 2+ day ago (333+ words) Published 21 May. 2026 11: 37(KST) KB Life and KB Insurance announced on the 21st that on the 20th, they signed a business agreement with UFirst, a corporate insurance agency (GA), at the KB Life Tower in Gangnam-gu, Seoul, to promote financial consumer protection and…...
"Drink Three Cups of Coffee and Stay Up All Night Before the Test". .. Manual of Insurance Planner Who Collected 1 Billion Won in Payouts
1+ mon, 1+ week ago (187+ words) Published 16 May. 2026 10: 24(KST) Updated 16 May. 2026 10: 31(KST) An insurance planner who was put on trial for informing clients how to receive false arrhythmia diagnoses at hospitals and helping them obtain insurance payouts has been sentenced to prison. Previously, Mr. A, who…...
Lotte Insurance Posts Q1 Net Loss Amid Middle East Risks. .. Insurance Operations Turn Profitable
1+ mon, 1+ week ago (351+ words) Published 15 May. 2026 17: 16(KST) Although Lotte Insurance recorded a net loss in the first quarter of this year due to volatility in the financial markets caused by the Middle East war and rising oil prices, the company's core insurance profitability improved....
Life Insurance Industry Provides 100 Million Won to Help Young Jeonse Fraud Victims Repay Student Loans
1+ mon, 2+ week ago (262+ words) Published 08 May. 2026 18: 52(KST) The Life Insurance Social Contribution Committee announced on May 8 that it had signed a business agreement with the Korea Student Aid Foundation and decided to provide 100 million won in support for a project to assist young victims…...
Korea Trade Insurance Corporation to Provide up to $500 Million for Korean-Involved Core Mineral Projects. .. Forms 'Mineral Security' Alliance with ADB
1+ mon, 2+ week ago (189+ words) Published 05 May. 2026 11: 33(KST) Korea Trade Insurance Corporation has announced plans to provide up to 500 million dollars in financial support to developing countries in the Asia-Pacific region, enabling them to carry out processing, refining, and manufacturing domestically, rather than limiting themselves…...