[Korea gimmingyeong financial newspaper News] Samsung Life and Kyobo Life Following recent Hanwha decided to add to the life insurance payment suicide. This disaster killed all 14 selling life insurance products guarantee rider seems to be a suicide ildanrak insurance payments.
FSS has reportedly re-opening the 16 days coming Sanctions Committee to discuss the disciplinary level for these insurers again. Before you decide if insurers have paid the full amount considering that the mere censure gyeongjinggye CEO warning originally decisions such as jungjinggye is expected to be avoided.
But the embers remained. Every unpaid insurance claims and payment are different, the financial crisis also risks that may arise in the course of a hefty insurance payment. Attributable to a notable ipjangcha their insurance situation for suicide.
◇ insurance interest 'equity controversial'
Kyobo Life has decided not to pay some interest, but decided to 'pay jeongeon' The first of these insurers. There is some purpose in accordance with the Supreme Court decision based on a Supreme Court ruling on the 2007 'cha traffic safety insurance.
Samsung Life's too late to decide Life and Hanwha announced additional payments offered to the full amount including interest mijigeupaek. In particular, Samsung Life Insurance said that it will be paid to the beneficiaries up to the amount of funds originally appeared as a key suicide prevention foundation.
Thus it pointed out that there are concerns for the future beneficiary equity controversial bulgeojil It was followed due to the differences in interest payments based on each insurer. For example, in the case of the previous subscriber September 2007, Samsung Life Insurance and Hanwha Life Customers can get insurance, including delays and Kyobo Life, but because customers can only receive payment reduces the principal amount. Kyobo There seems to be aware of financial risks such as breach of trust and financial authorities of the Supreme Court eotbakja life is thus determined.
◇ insurance, no one has figured recipients
Guaranteed is the nature of a mutual insurance. The structure that many people pay insurance premiums to those who need out here.
However, suicide claims to have started the controversy in the first place, coming in the domestic Japanese insurers incorrectly transcribed insurance policy, mortgage guarantees for suicide deaths in the disaster riders did not include in the first place.
Ironic situation occurred only people who ve figured to receive a premium for accident riders 'suicide'. Eventually this situation can lead to good results raise the insurance premiums paid by subscribers.
◇ breach of trust, such as "financial risks" The challenge
Kyobo Life Insurance, while some carried out a suicide insurance payments beginning was named as 'bonus' has been criticized in the public opinion. Samsung, Hanwha also lives longer in the Supreme Court ruling that the statute of limitations does not return to the past suicidal insurance claims paid has been claimed that possession of a breach of trust.
As the number of one hundred billion won payment for future insurance suicide if there is influence the insurer's earnings and share prices lead to shareholder litigation, reduce risk of problems caused by the breach of trust. Insurers are likely made the decision to pay up, but struggled until the last minute for this part of the CEO is receding on the spot rather endure the financial risks Given the damage caused by such earnings are expected to stop operating hagorado.
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