Meritz Fire & Marine Insurance Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/meritz-fire-marine-insurance/ Sun, 18 Aug 2024 13:55:45 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 MG Non-Life sale called off after failed fourth attempt: report https://insuranceasianews.com/mg-non-life-sale-called-off-after-failed-fourth-attempt-report/ Sun, 18 Aug 2024 22:40:31 +0000 https://insuranceasianews.com/?p=160680 KDIC said that it will pursue a private sale in the future after rejecting bids from three players including Meritz Fire and Marine.

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The Korea Deposit Insurance Corporation (KDIC) has called off the sale of non-life insurer MG Non-Life after a fourth attempt at sale also failed, according to local media reports.
KDIC, the state-own...

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]]> Meritz Fire enters fray for MG Non-Life Insurance: report https://insuranceasianews.com/meritz-fire-enters-bidding-fray-for-mg-non-life-insurance-report/ Sun, 11 Aug 2024 22:55:47 +0000 https://insuranceasianews.com/?p=160137 Private equity firms Dayli Partners and JC Flowers are the other two existing bidders in the race.

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South Korean carrier MG Non-Life Insurance (MG) has received a bid from Meritz Fire & Marine Insurance, making it the third contender to join the race for the beleaguered firm, according to a medi...

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]]> Meritz Fire & Marine Insurance appoints new CEO amid leadership reshuffle https://insuranceasianews.com/meritz-fire-marine-insurance-appoints-new-ceo-amid-leadership-reshuffle/ Wed, 22 Nov 2023 22:00:54 +0000 https://insuranceasianews.com/?p=138797 Kim Joong Hyun has been appointed chief executive of the Korean carrier while the incumbent CEO Kim Yong Beom steps down to oversee the group’s overall financing.

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Korean non-life insurer Meritz Fire & Marine Insurance has appointed Kim Joong-hyun as its new chief executive officer on Monday, according to a report by The Investor. He has also been promoted t...

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