Monday, February 20, 2017

"One-largest investment since the diplomatic relations of the 'oriental life, sweet wings capital increase



[Korea financial newspaper gimmingyeong News] last September 2015 acquisition of oriental life to 1.03 trillion won, a one-doorstep Insurance Group renewed the maximum investment amount since the diplomatic relations of the two recent, such as Tong Yang Life Insurance to promote the capital increase through a rights offering there's wings to grow.

Tong Yang Life Insurance opened a net 200 billion won for the first time since its establishment period recorded an accumulated net profit of 224 billion won from the third quarter. By actively reflect one-off losses suffered damage to December, net profit, but the meat of loans expected to shrink, showing a sharp growth in premium income last year, including a 57.8% year-on-year and rising to 6.6746 trillion won. Based on the life insurance industry premium income stood 5 Rank 8 upwards above.

Tong Yang Life Insurance is expanding its major shareholders were to receive a rotor 600 billion won over the most recent three-party one capital allocation capital increase, capital increase and plans to soon open a Board of Directors confirmed the schedule and size.

The insurance industry is struggling in the economic downturn, but effects such as Tong Yang Life Insurance, said that the increase in the number of employees and agents after major shareholders to change the trend. Employees 44 people has increased by 1013 people in December last year, 969 people from the end of September 2015, all agents have increased 26% by one in 9821 people, including 2370 people in a vision.

Customers of the company (number of contractors) also increased over the end of 2015 213 billion 231 billion 368 billion 18 patients (8.4%) in 9796-9428 people. Group Policy is the master bedroom as much as possible while respecting the culture and laws of Korea supports the ongoing investment commitment for long-term growth of oriental life. While respecting the know-how and brand and product competitiveness of Tong Yang Life synergy by introducing the know-how of the master bedroom, a fusion group has grown into a global financial group is reportedly in the short term to naegetdaneun strategy.

Tong Yang Life's 2017 plans are unfolding year management come and make 'growth, innovation and execution, customer value, such as four innovative projects as the core keyword nagagetda in line with past management strategy in 2016 sent a successful year.

Endowment insurance also said that the expansion of samgo, protection-type products, but gave me a big role in improving the company's growth and profitability is still the center of the business that continues to drive. Yippun not take advantage of a global network of groups doorstep, it is accomplished out of mutual growth policies, such as the size and operating profit to increase the rate of return through active investment.

Tong Yang Life Insurance shall only sell single premium endowment insurance savings in the current life insurance industry, and provide benefits to customers with a high rate of the minimum guaranteed interest rate of 2.1%. Tong Yang Life is getdaneun the other hand, the height of satisfaction to provide the maximum benefits for customers to relieve the burden of pension insurance sold through asset management and risk management.

Tong Yang Life Insurance is expected to take the lead in business model innovation to help promote a variety of business models that can be linked insurance and insurance basing such innovative products to the industry-leading, internet and mobile services to three new revenue streams. Spreading the culture of performance-based maintenance system and a KPI, also sets out the process for the maintenance and strengthening execution to keep pace with the rapidly changing business environment, decision-making system more quickly.

The only major central challenges also come 'customer value top priority. Tong Yang Life Insurance, including reducing the performance is found nearly half the complaints last year. Last year, the cumulative complaints compared to the previous year decreased 48.0%, or a total of 983 cases occurred. The 2017 is planning to challenge the 'civil zero "business philosophy to actively introduce the doorstep samgo group as an important goal of customer service complaints reductions beyond the' zero complaints'.



Financial Daily Economic News FNTIMES - unauthorized reproduction for commercial purposes in accordance with the Copyright Act, No copying, distribution,
Copyright ⓒ Korea's financial newspaper & FNTIMES.com