Consolidation is trending in South Korea's life insurance sector, with industry players facing rising challenges amid prevailing low interest rates and looming new rules.
Tag : kdb
Newly proposed rules – due to take effect later this year – are set to help Korean insurers increase their overseas and alternatives exposure with a view to tackling falling returns.
Forsyth Partners will sub-advise KDB Asset Management on investing in private-equity plays as part of KDB AM's drive to become a major onshore fund company.
