Skip to content

August 14, 2023

Tokio Marine seeks to sell SE Asia units to S.Korean companies

    Hanwha Life Insurance emerges as a strong candidate for the acquisition as aims to actively expand its businesses overseas

    By Seok-Cheol Choi and Jun-Ho Cha | The Korea Economic Daily | August 14, 2023

    Japanese insurer Tokio Marine Holdings Inc. is seeking to sell its units in Southeast Asia for $1 billion to major South Korean companies looking for future growth engines in other countries amid the stagnant local market due to the aging population and falling birthrate.Read More »Tokio Marine seeks to sell SE Asia units to S.Korean companies