KB Life Insurance explained

KB Life Insurance Co, Ltd. (hangul:KB생명, 케이비생명) is a life insurance company, headquartered in Seoul, South Korea. As of 20 June 2013 fully owned by KB Group,[1] KB Life originally was a joint venture between KB Group (51%) and ING Group (49%). KB Life was established in 2004 originally with a bancassurance only distribution model, but today has developed into a multichannel insurer, offering savings, annuities and protection products for Korean individuals and families.

See also

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Notes and References

  1. Web site: ING completes sale of 49% stake in KB Life to KB Financial Group. ING Press Room. ING Group. 20 June 2013. https://web.archive.org/web/20130630001311/http://www.ing.com/Our-Company/Press-room/Press-release-archive/PressRelease/ING-completes-sale-of-49-stake-in-KB-Life-to-KB-Financial-Group-1.htm. 30 June 2013. dead.