Friday, March 3, 2017

Samsung pays life insurance suicide ... Including 174 billion won and scale



[Korea gimmingyeong financial newspaper News] Samsung Life opened an emergency Board of the morning two days was decided to be paid to the beneficiaries in full, including accrued interest claims suicide. Pay scale is the total of 174 billion won a year 3337 cases including delay interest.

Samsung Life Insurance, said that "the payment will be completed as soon as possible in consumer protection and restore confidence level.

Samsung Life has said it would pay January through somyeongseo the unpaid insurance suicide September 2014 FSS are based on the recommendations made payment for unpaid claims suicides from 2012 to 2014 for our customers. Also it starring agreed to fund the Foundation for Suicide Prevention outstanding cases from January 24, 2011 made possible sanctions such as fines for the violation of the Terms of Insurance Business until September 05, 2012.

However, the FSS Despite these efforts, some paid and voted to censure President warnings and suspended sales of some jungjinggye three months. Kim, Chang - Su accordingly also re-elected president of the term of office ended it became virtually impossible. CEO received a warning censure because they can not be re-elected three years, as well as finance officer.

Samsung Life is such a spiral, transition readiness' predicts that the industry is concerned due to the management space due to the head member. Because it is expected to be particularly at risk, Samsung Electronics Vice President Lee Jae-yong, if the redemption is shaken, walk away from Kim, Chang - Su Samsung Group's Strategy Department in the future this situation that has dismantled the "brains" of the president management capabilities stability.

In addition to Samsung Life Insurance is expected to assume additional payments suicide inside a regular board Hanwha Life 3 days. If the proposal is passed at the Board Hanwha Life Accidental Death ensure all 14 riders who sell insurance products life insurance companies will pay a suicide.



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