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High cost of living forces Koreans to cancel insurance

High cost of living forces Koreans to cancel insurance
koreatimes.co.kr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koreatimes.co.kr Daily Mail and Mail on Sunday newspapers.

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South Korean life insurers push to advance into death care industry

Life insurance companies are pushing to tap into the death care industry that has been growing in Korea s rapidly aging society.

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Weekly roundup of people news, Dec 1 | Moves

Weekly roundup of people news, Dec 1 | Moves
asianinvestor.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianinvestor.net Daily Mail and Mail on Sunday newspapers.

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Korea Life Insurance Association taps new chairman

The Korea Life Insurance Association has tapped Kim Chul-ju, head of the Creditors' Coordination Committee, as its new chairman. An internal recommendation committee made the decision in a meeting held Friday. Kim, a graduate from the department of economics at Seoul National University, served as a public official at the Ministry of Economy and Finance. After working as an economist at the Asian Development Ban.

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Thirty out of 74 major financial firms lack female board member

Thirty out of 74 major financial firms in Korea, each with assets exceeding 2 trillion won ($1.4 billion), do not have a single female member on their board, data showed Tuesday.

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