Tag: insurance company sale
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KDB Life Insurance’s 7th Attempt to Sell! Will It Finally Find a New Owner This Time?
Everyone, the story of KDB Life Insurance is truly a drama in itself. It’s a subsidiary of the state-run Korea Development Bank (KDB), and this is its seventh attempt at a sale. KDB Life Insurance was formed in 2010 after acquiring Kumho Life Insurance, and since then, it has been searching for a new owner,…