TITLE

News - Korea Life eyes China

PUB. DATE
May 2011
SOURCE
Asia Insurance Review;May2011, p50
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Korea Life Insurance Co. Ltd. is planning to establish a joint venture (JV) with Zhejiang International Business Group Co. Ltd. in China. Both organisations will invest 41.4 million dollars each to form the JV with equal stakes. Zhejiang is one of the high-income provinces in China. It is stated that Korea Life is going global due to South Korea's rapidly aging population, along with the saturation of local insurance market.
ACCESSION #
67503594

 

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