July 29, 2014 6:44 PM ET

Insurance

Company Overview of Hanwha Life Insurance Co., Ltd.

Company Overview

Hanwha Life Insurance Co., Ltd. provides various life insurance products in South Korea and internationally. It also offers retirement pension plans; and asset management services. The company was formerly known as Korea Life Insurance Co., Ltd. and changed its name to Hanwha Life Insurance Co., Ltd. in October 2012. Hanwha Life Insurance Co., Ltd. was founded in 1946 and is headquartered in Seoul, South Korea.

63 Hanwha Life Building

Yeouido-dong

Yeongdeungpo-gu

Seoul,  150-763

South Korea

Founded in 1946

Key Executives for Hanwha Life Insurance Co., Ltd.

Hanwha Life Insurance Co., Ltd. does not have any Key Executives recorded.

Hanwha Life Insurance Co., Ltd. Key Developments

Hanwha Life Mulls Acquisitions

Hanwha Life Insurance Co., Ltd. (KOSE:A088350) is looking for acquisitions. An unidentified company representative said that, "At the beginning of this year, our CEO has mentioned the possibility of an acquisition of an overseas AMC. But I don't think that he was referring to a [controlled-speaking] type of majority acquisition per se. I believe that because we are thinking about further expanding our offshore investments and because it is always helpful to have a strategic alliance with world-renowned entities abroad, I believe that, for example, he was referring to possible acquisition of certain part of the equity holding of those asset management companies under review. So, we are currently looking for such equity participation opportunities by about 10% to 15% of the equity holding. And currently, we are in the process of reviewing a possible candidate list. So, we are basically looking at the management companies that are handling more of the traditional asset classes”.

Hanwha Life Insurance Co., Ltd., Q1 2014 Earnings Call, May 14, 2014

Hanwha Life Insurance Co., Ltd., Q1 2014 Earnings Call, May 14, 2014

Hanwha Life Insurance Co., Ltd. Presents at Citigroup - Korea Investor Conference 2014, Mar-06-2014

Hanwha Life Insurance Co., Ltd. Presents at Citigroup - Korea Investor Conference 2014, Mar-06-2014 . Venue: Conrad Hotel, Seoul, South Korea. Speakers: JaeHun Cho, Head of IR, Minki Jeon, Associate, Minsoo Kwon, Associate.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 23, 2013
Seoul Metro Line 9 Corporation
 

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