News - South Korea: Insurers against Further Bancassurance Liberalisation
Source: Asia Insurance Review | Aug 2007
The Chairmen of the General Insurance Association of Korea (GIAK) and the Korea Life Insurance Association (KLIA) have issued a joint statement asking the Government to call off plans to expand bancassurance operations to the whole life and motor insurance sectors, stating that such covers are not suitable to be sold through banks.
Archived articles are available to Magazine subscribers only.
For Full Access to
the magazine
SUBSCRIBE here.