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News
Lotte Insurance Sale Talks Stall, Public Sale Possible
4+ hour, 26+ min ago (613+ words) Businesskorea Hotel Lotte's 5.02% Stake Emerges as Key Variable in Potential Deal Shinhan Financial Group and JKL Partners, the largest shareholder of Lotte Insurance, have suspended negotiations over the insurer's potential acquisition by Shinhan after failing to narrow their price gap....
Insurance Industry Braces for Worker Presumption Reform
3+ mon, 2+ week ago (523+ words) Businesskorea About 712,000 Insurance Planners Could Be Recognized As Workers, Creating Trillion-Won Social Costs As labor law reforms are being pushed to integrate special-type employment workers, platform workers, and freelancers into the institutional system, the insurance industry has fallen into deep…...