Search results for KDB Life
Finance
Financial groups\' M&A race heats up again as insurers are bought in succession
Mergers and acquisitions of insurers by South Korea’s financial groups are picking up again, with Korea Investment Financial Holdings securing preferred bidder status for KDB Life and OK Financial Group proceeding with steps to buy Yebyeol General Insurance. Kyobo Life is pursuing AXA General Insurance, while Shinhan Financial Group is again being mentioned as a possible buyer for Lotte Insurance, which is preparing for sale. Groups are seeking either new entry into insurance or reinforcement of weaker segments.
AI & Enterprise
AI security battle intensifies as agentic AI reshapes market
Competition in the tech industry is being reshaped around AI agents, and security is increasingly moving with it. Companies including Snowflake are expanding into AI while stepping up security capabilities and governance. Microsoft unveiled an AI agent-based platform for automatically detecting software vulnerabilities and added automated device isolation to its endpoint security product. Workday introduced an independent verification feature for agent deployment, while Cisco strengthened security and governance for local AI agents.
AI & Enterprise
RaonSecure to supply post-quantum cryptography solution to KDB Life Insurance
RaonSecure said on June 4 it will supply a post-quantum cryptography (PQC) solution to KDB Life Insurance. The company said it is also nearing new quantum security contracts with more than 10 domestic banks, securities firms, card companies and insurers, and is discussing adoption with public institutions. It said its Key# Crypto is a software-based cryptographic modularisation solution that can apply PQC to defend against quantum computer attacks.