Hanwha Life is offering customers a way to manage their life insurance policies after death, with a new trust product for policy claim rights.
Hanwha Life has launched an artificial intelligence (AI)-powered cancer insurance product in collaboration with global healthcare firm Need, said the Korean insurer.
ABL Life Insurance has reported an annual return on asset management of 4.3% last year. Despite the increased volatility in the financial market, it recorded annual returns of 3% to 4% from 2017 to last year, exceeding the industry average every year. ABL Life said, "It is an achievement made by an in-depth understanding of the market environment, establishing a balanced management strategy, and rapid investment judgment."
Tongyang Life Insurance has launched a new whole life insurance product that is designed to ease premium burdens while strengthening retirement protection by offering partial cash surrender benefits during the premium payment period.
The new whole life product, named ABL the Inheritance Whole Life Insurance, stands out by returning the premiums paid by the policyholder along with the death benefit upon the insured's death.
AIA Life Insurance has signed a memorandum of understanding (MOU) with Kakao Healthcare Corp to collaborate on advancing digital healthcare solutions (DHS).
AIA Life Korea reaffirmed its commitment to supporting the long-term growth of financial service professionals by recognising outstanding insurance agents at the 2025 Million Dollar Round Table (MDRT) Conference.
Called "Kyobo 3 Balance Guarantee Insurance" (non-dividend), the new product covers three major diseases - cancer, cerebrovascular disease and ischemic heart disease.
Shinhan Life Insurance has introduced a pension insurance product guaranteeing a minimum annual interest rate of 7%, challenging the pension insurance market.
Kyobo Life Insurance has launched a health product that covers for dementia treatment, including dementia tests, diagnosis, hospitalisation, treatment, and nursing.
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