Tuesday, March 21, 2017

中 doorstep insurance, Saad controversy despite subsequent capital increase



It has to [Korea gimmingyeong financial newspaper reporter] Allianz Life is receiving a capital increase of 218 billion won in size from major shareholder China Insurance doorstep. Originally expected, controversial Sadd 'will be delayed by funding from China and is one plate appearance.

Allianz Life has posted 21 days to open the last 17 days the Chinese master bedroom Insurance Board has decided to approach shareholders capital increase of 218 billion won scale.

Hsinchu date is 6000 43 10 000 weeks, it is ₩ 500,000 per share issue price and the new shares are reportedly assigned 24 days.

Allianz Life is to be able to go away and straighten the RBC ratio in the industry predicted this capital increase. Allianz Life's RBC ratio was found far below the industry average of 297.1% to 200.7% for June last year.

Ahead of the implementation IFRS17 it introduced in 2021 to raise capital here falls' foot fire "situation.

Despite these moves doorstep insurance Saad (high-altitude missile defense system) will place a controversial appearance geoseji recently in China and eye-catching that the continued vigorous investment in Korea.

The insurance industry expects a master bedroom with a rights offering insurance side shuffled a long-term investment objectives for Allianz Life.

Through the rights issue like capital soundness of Allianz Life in Korea seems to be reinforced when the position of the Chinese insurance doorstep.

Insurance is shuffled before doorstep of the capital increase earlier this month to 528.3 billion won scale oriental life.

Also was selected as the preferred bidder to participate in bidding on the sale of oil hits Securities Building in Seoul Tiffany.

Meanwhile doorstep Insurance has shown considerable interest in the domestic real estate market, including bid naesewo domestic financial subsidiaries last year, Samsung Fire Tiffany main building (about 4500 million) and Jiangnan Capital Tower (about 5000 million).

Since last year, the insurance doorstep incline chongryeok the domestic real estate investment real estate investment was significantly recruited personnel of Eastern life. Accordingly, the insurance industry's doorstep expects to expand the domestic real estate investment through affiliates such as Eastern and Oriental Life Asset Management.



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