[Korea gimmingyeong financial newspaper reporters - some 23 days ahead of time, the sanctions Committee of the Financial Supervisory Service (FSS) said on Kyobo Life Insurance would pay the entire unpaid suicide cases.
FSC is a part of business suspension and the license registration canceled, the intense sanctions include censure warnings and fired warning against such employees CEO for the institution to the end of last year, committed suicide four companies insurance unpaid sign Samsung, Hanwha, Kyobo, Allianz, etc. bar one can notice.
Allianz Life's Board of Directors announced that it will open immediately pay the full amount unpaid claims suicide. As a result, Allianz Life held 23 days were excluded from the Financial Supervisory Committee disciplinary sanctions targets.
According to the precedent discipline of Allianz Life is seen as a mere low level of fines so. FSS is a bar down the penalties for late action, such as insurance companies paid claims of suicide MetLife △ △ ₩ 6,000,000 ₩ 6,000,000 Hungkuk Life Shinhan Life △ ₩ 5,000,000 ₩ 3,000,000 △ △ PCA Life Chubb Life 1 million won earlier.
Kyobo Life 's former will pay unpaid claims suicide "a few hours before the Sanctions Committee and the positions circled.
The number of cases is paid in 1858. The amount is the total of 67.2 billion won. However, Kyobo Life has paid all principal and interest only delay the death cases that have occurred since September 2007 depending on when the Supreme Court ruling and said he would only principal for previous cases.
Such seems to be the turning position of the concern "risk owner". Sinchangjae Kyobo Life President is because a CEO tenure as owner nearly 20 years, dismissed the action is bound to be a big blow to the stability of the quality management if Kyobo Life down.
In Kyobo Life 'was considered to regain consumer confidence in daeseungjeok dimension' said naenwatda for an explanation of "everyone would have respected the position of the Supreme Court and the Financial Supervisory Service.
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