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Korea Insurance News: False Insurance Claims to Cost USD500M
Data released by the National Health Insurance Service (NHIS) showed that false and unfair insurance claims by medical providers will cost the South Korean government about KRW600 billion (US$503 million)…
Kyobo Life Joins Initial Bid for ING Life Korea
Kyobo Life Insurance, one of the big three life insurance companies in South Korea, has joined in the preliminary race to acquire ING Life Korea, the country’s fifth-largest insurance firm…