South Korea Insurance Industry Newswire

South Korea: DB Insurance finalises Fortegra acquisition

DB Insurance has announced the completion of its $1.65bn all-cash purchase of US specialty insurer the Fortegra Group from Tiptree and Warburg Pincus. The deal, first announced in September 2025, was closed after Tiptree shareholders approved it in …

South Korea says attack on HMM Namu in Strait of Hormuz was probably an Iranian missile

Business : Fortegra Joins DB Insurance To Expand Global Market Presence

KUALA LUMPUR, June 3 (Bernama) -- The Fortegra Group Inc (Fortegra), a global speciality insurance company, has completed its acquisition by South Korea's DB Insurance Co Ltd (DB), a leading property and casualty insurer. Fortegra in a statement said …

Business Moves: Buy of Fortegra Completed by Korean Insurer DB

The Fortegra Group said its acquisition by South Korea’s DB Insurance Co. has been completed. Jacksonville, Florida-based Fortegra will operate independently and keep its existing leadership team as well as distribution relationships. “Agents, distribution …

South Korea’s DB Insurance finalises $1.65bn Fortegra acquisition

South Korea-based non-life insurer DB Insurance has completed its $1.65bn (Won2.49tn) all-cash purchase of US specialty insurer the Fortegra Group from Tiptree and Warburg Pincus. The deal, first announced last September, closed after Tiptree shareholders …

New Findings from National Health Insurance Service Ilsan Hospital Describe Advances in Opioids (Chronic Opioid Use for ...

2026 JUN 02 (NewsRx) -- By a News Reporter-Staff News Editor at Information Technology Business Daily -- Researchers detail new data in Opioids. According to news originating from Goyang, South Korea, by NewsRx correspondents, research stated, “Although …

ING Sees Korea-Bio As Innovation Engine

The South Korean bio industry has long been called a ‘production powerhouse.’ It has expanded its presence in the global market, growing primarily around biosimilars and contract development and manufacturing organizations (CDMO). On the other hand, its …

Jacksonville-based Fortegra closes $1.65B sale to South Korea's DB Insurance

Jacksonville-based Fortegra has closed its $1.65 billion sale to South Korea's DB Insurance, marking the largest United States market entry ever by a Korean non-life insurer while keeping the specialty insurer's leadership team and operations …

South Korea’s DB Insurance completes acquisition of Fortegra

The Fortegra Group, Inc., a global specialty insurance company, has announced the completion of its acquisition by DB Insurance Co., Ltd., a non-life insurance company in South Korea. The transaction was initially announced on 26th September 2025, with DB …

Seoul shares again end at record high on Samsung's performance

South Korean stocks closed at a fresh high of above the landmark 8,800-point level Tuesday as tech shares continued to advance on optimism over artificial intelligence, led by chip giant Samsung Electronics, offsetting a market-wide profit-taking mode. The …

Iran War Upends Factory Floors Worldwide With Soaring Input Prices and Fractured Supply Lines

Factories from Germany to South Korea are absorbing blow after blow. Input costs have climbed at the fastest pace in years. Delivery times stretch longer. And demand, in many places, has gone quiet. The conflict centered on Iran, with its blockade of the …

South Korea insurers lift capital by $6b under K-ICS in December 2025

Available capital reached $190.3b at the end of December. South Korean insurers' available capital under the Korean Insurance Capital Standard (K-ICS) rose by $6.2b (KRW9.3t) quarter on quarter to $190.3b (KRW284.0t).  Insurers were supported by $603m …

Wealth in transition

An unprecedented transfer of private wealth is colliding with tighter regulation and rising complexity Private wealth, estate planning in China: An evolving landscape China’s reform and opening-up policy, inaugurated in 1978, unleashed one of the most …

Riders for drivers

Published: 03 Jun. 2026, 17:58 Updated: 03 Jun. 2026, 18:45   A delivery rider navigates roads in Seoul on June 3. On the same day, the Ministry of Land, Infrastructure and Transport began requiring delivery workers to subscribe to commercial transport …

Antengene to Present First Preclinical Data on ATG-207 (αCD3-TGF-β Bifunctional Fusion Protein) at EULAR 2026

SHANGHAI and HONG KONG, June 3, 2026 /PRNewswire/ — Antengene Corporation Limited (“Antengene”, SEHK: 6996.HK) , a leading innovative, commercial-stage global biotech company dedicated to discovering, developing and commercializing first-in-class …

Canadian Patients Explore International Healthcare Options Amid Local Access Challenges

PlacidWay observes growing Canadian interest in medical tourism for treatments ranging from dental and fertility care to specialized healthcare services TORONTO, ONTARIO, CANADA, June 3, 2026 /⁨EINPresswire.com⁩/ -- Long wait times, high private …

Kaiser Permanente Gets 'Better,' Soccer Star Scores National Campaign

Kaiser Permanente waited 25 years to roll out a new brand platform. Adding to that push is a new national campaign, “A Better Idea for Health Care.”  Created by Droga5 New York, part of Accenture Song, four new spots feature soccer pro Son Heung-min of Los …

Seoul's landmark 63 Square undergoes cultural makeover

63 Square skyscraper in Seoul's financial district of Yeouido / Courtesy of Hanwha Life Insurance Timed to the upcoming opening of Centre Pompidou Hanwha, the first Korean outpost of the iconic Paris museum, its host skyscraper, 63 Square, is …

Full text of joint statement of Korea-Africa Foreign Ministers' Meeting in Seoul

The 2026 Korea–Africa Foreign Ministers' Meeting is underway at the Lotte Hotel in central Seoul, Monday. Yonhap The following is the full text of a joint statement adopted at the Korea-Africa Foreign Ministers' Meeting in Seoul on Monday, where …

Delphi Advisers Named Finalist for Third Consecutive Year in Best of Clark County Awards

Delphi Advisers, has been named a finalist for the third consecutive year in The Columbian’s Best of Clark County awards in the Financial Advisor category VANCOUVER, WA, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Delphi Advisers, an …

Ory Achieves PCI DSS Compliance, Reinforcing Enterprise Security and Trust

Independent assessment by BARR Advisory validates security controls for access management, encryption, monitoring, and risk management SCOTTSDALE, AZ, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Ory, one of the world’s most widely adopted …

Michigan Auto Law Launches Free Mini Tort Claims Service To Help Drivers Pay For Vehicle Damage After Car Accidents

First-Of-Its-Kind, Free Service Helps Drivers Recover Up To $3,000 After A Crash FARMINGTON HILLS, MI, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Michigan Auto Law, the state’s largest law firm specializing exclusively in car accident cases, is …

Sanderson Firm PLLC Successfully Completes SOC 2 Type II Examination, Accelerating Technology Growth and Innovation

BRADENTON, FL, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Sanderson Firm PLLC, a leading Medicare Secondary Payer (MSP) compliance services provider firm servicing the insurance and property casualty industry nationwide, is proud to announce the …

Shufti and Biometric Update to Host Live Webinar on the Friction Versus Fraud Tradeoff in Digital Onboarding

A live session on 4 June brings industry practitioners together to debate how much onboarding security is too much and its impact on fraud risk and conversion. LONDON, UNITED KINGDOM, June 3, 2026 /⁨EINPresswire.com⁩/ -- Shufti, a global identity …

Samuel L. Cione qualifies for MDRT’s Top of the Table

SARASOTA, FL, FL, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Samuel L. Cione of Integrity Wealth Management, Inc. in Sarasota, FL has qualified for Top of the Table, a prestigious milestone achievement for membership in MDRT, The Premier …

Karns & Karns Personal Injury and Accident Attorneys Confront Insurance Tactics in Texas Commercial Truck Litigation

Trial attorneys Luis Espinoza and Veronica De Leon lead a statewide push to protect victims of 18-wheeler and corporate fleet crashes from lowball settlements. SAN ANTONIO , TX, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Karns & Karns …

Arete’s Q1 2026 Crimeware Report Highlights the Evolving Role of AI in the Threat Landscape

Leveraging data and intelligence from the frontlines of ransomware and extortion response, the report highlights trends and shifts in the cyber threat landscape BOCA RATON, FL, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Arete, a leader in …

PreSmart Solutions Announces ResolvePlus™ 2.0: Transforming Undeliverable Address Data into Actionable Records

Expanded features help organizations remove high-risk address data to reduce direct mail waste, improve delivery accuracy, and deliver operational efficiency SHELTON, CT, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- PreSmart Solutions today …

INSTANDA CLEAR Taps The Power Of AI To Enhance Control And Visibility Over Human Underwriting and Insurance Workflows

NEW YORK CITY, NY, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- INSTANDA, the no-code insurance platform that helps insurers rapidly create and launch products, today announces INSTANDA Clear, a new, AI-supported underwriting and operations …

Ondexx Announces Content Extraction API: Powering Your AI Initiatives

Ondexx’s new API provides a technical framework that ensures accuracy and maintains permission structures for enterprise data used in internal AI solutions. TORONTO, ONTARIO, CANADA, June 3, 2026 /⁨EINPresswire.com⁩/ -- Ondexx today announced the …

Epoq Introduces Open Protocol for AI-to-Verified-Human Handoff

ATAH is an open framework for moving users from AI systems to verified professionals across insurance, legal, healthcare and financial services BOSTON, MA, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Epoq, a leading insurtech that makes …

Karns & Karns Personal Injury and Accident Attorneys Deploy Trial Teams for California Commercial Truck Accidents

As freight traffic surges on the I-5 and I-405 corridors, a family-owned trial firm steps up to protect motorists from corporate insurance defense tactics. LOS ANGELES, CA, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Karns & Karns …

MRN Attended Twin Cities Business Show Panel on AI and Enterprise Innovation- May 19th 2026 at the Minneapolis Club

MRN joined TCB Show’s live AI panel to follow enterprise innovation trends while reaffirming its commitment to human-led case analysis. LAKE OSWEGO, OR, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Medical Resource Network (MRN) recently …

Associate Owners Group (AOG) Unveils Its Four Pillars of Ownership

Associate Owners Group (AOG) is proud to introduce the Four Pillars of Ownership; the structural foundation upon which the AOG family of companies is built. ST. GEORGE, UT, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Associate Owners Group …

Junior Finance Jobs Are Not Disappearing, They Are Being Rewritten, SignalHire Data Shows

Recruiter searches reveal Corporate Finance and Restructuring roles surging from near-zero to sustained demand as Investment and Equity Junior Associates SAN FRANCISCO, CA, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- SignalHire has …

Altivera Medical Appoints One of Healthcare's Most Decorated Leaders to Board of Directors

Three-Star General and Surgeon Lt. Gen. (Ret.) Ronald J. Place, MD Joins Expanded Board as Altivera Enters Next Chapter DENVER, CO, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Altivera Medical Holdings LLC, a MedTech company focused on non- …

SnapRefund and Akana Claims Management Partner to Deliver Faster, Seamless Fleet Claims Settlements

Fort Worth–based claims manager integrates ClaimsSnap into its Peaceway platform to close the post-accident window that drives nuclear verdicts PHILADELPHIA, PA, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- Akana Claims Management, the …

June Declared National Beach Shade Awareness Month to Promote Sun Safety and Prevent Umbrella Injuries

As Millions Head to Beaches This Summer, Safety Advocates Urge Families to Prioritize Shade Protection and Follow New ASTM Umbrella Safety Standards MYRTLE BEACH, SC, UNITED STATES, June 3, 2026 /⁨EINPresswire.com⁩/ -- As temperatures rise and …

Business Reporter: How to combat knowledge governance failure

New 2026 guide positions enterprise intelligence as the missing foundation for AI success LONDON, UNITED KINGDOM, June 3, 2026 /⁨EINPresswire.com⁩/ -- A new report published by Bloomfire exposes the disconnect between generative AI investments and …