Samsung Life Insurance’s net profit soars 19.7% in 2023

Samsung Life Insurance

Samsung Life Insurance Co., South Korea’s leading life insurer, reported a notable 19.7 percent increase in net profit for the year 2023, reaching 1.89 trillion won ($1.41 billion), up from 1.58 trillion won the previous year. This growth is attributed to the insurer’s strategic expansion into highly profitable health insurance products and its stable asset … Read more

Lotte Insurance, Creatrip team up to launch insurance product for foreign tourists visiting Korea

Lotte Insurance has teamed up with Creatrip, a travel information platform based in Seoul, to launch a new insurance product for foreign tourists visiting Korea, the Korea Times reported. The insurance subscription service is designed to be simple and easy, allowing foreign tourists to sign up by providing basic information such as travel period, passport … Read more