Korean insurers set for higher profits under new accounting rule
International Financial Reporting Standard 17 accounting methods will start this year
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Environmentalists call on Samsung to stop fuelling climate change
Letter urges conglomerate to increase renewable energy commitment
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Samsung Life Insurance penalised for rejecting cancer insurance claims
Punishment follows warning from regulatory agency over a year ago
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Samsung Life to launch US$33.6 million investment fund
Firm teams up with postal agency to create overseas investment vehicle
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Top APAC insurers remain robust throughout pandemic – study
Pandemic triggers heightened demand for protection products
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Samsung Life to invest US$1 billion in Savills Investment Management
Deal is among trend of rich buyers from Asia targeting investments out west
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Insure Our Future lauds AIA’s move to fully divest from coal
Group calls on other insurers to follow suit
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Samsung to stop insurance new coal projects
Decision comes amid pressure from international environmentalist groups
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"Big three" Korean insurers looking at Southeast Asia for growth
Market saturation and slowdown at home prompt firms to seek income elsewhere
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Samsung Life accepts less than half of claims recommended by regulator
Overall, country’s big three accepted just over half of the recommended claims