Search results for Shinhan Life
Finance
Korea\'s big four financial groups extend record run, step up shareholder returns race
South Korea\'s four biggest financial holding groups posted record or near-record earnings last year, supported by steady net interest income in a high-rate environment, higher non-interest income and improved results at non-bank units. KB Financial recorded the largest net profit and its bank reclaimed the leading-bank position. Shinhan, Hana and Woori also reported strong earnings. The groups moved to raise dividends and expand buybacks, sharpening competition on shareholder returns.
Finance
Non-bank gaps widen among financial groups as insurance competitiveness emerges as battleground
Non-bank earnings gaps are widening among South Korean financial groups. KB Financial Group and Shinhan Financial Group have built stable profit bases outside banking, while Hana Financial Group remains heavily reliant on bank earnings. Hana has joined the open sale of Yebyeol Non-life Insurance, a bridge insurer for MG Non-Life Insurance, to strengthen its portfolio. KB generated 37 percent of profit from non-bank units, and Shinhan is pushing to lift the share longer term.
AI & Enterprise
AgileSoda completes automated product information management system for Shinhan Life
AgileSoda said on Thursday it completed an automation project for Shinhan Life’s product information management system, a platform that consolidates insurance product structures, attributes and rules. The company used its generative document processing solution, ETL with LLM, along with models in a closed network and agentic workflows to extract and automatically input information from documents such as business method statements and sales rules. The system has operated officially since December.