By Yoon Young-sil | Business Korea | April 15, 2022
The Financial Services Commission (FSC) announced on April 13 that it has designated MG Non-Life Insurance as an insolvent financial institution.Read More »MG Non-Life Insurance Declared Insolvent
By Anna J. Park | The Korea Times | April 15, 2022
Woori Financial Group shows interest in taking over MG Non-Life Insurance
As MG Non-Life Insurance was declared insolvent this week, its ripple effects could now adversely influence the pre-arranged sale of KDB Life to JC Partners, a major shareholder of MG Non-Life.Read More »MG Non-Life Insurance’s insolvency to hamper JC Partners’ KDB Life acquisition deal