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Follow on Google News | Bharatbook.com : Korean Life Insurers Cool to IPOs despite 18-year HiatusBharatbook.com has announced the addition of “Korean Life Insurers Cool to IPOs despite 18-year Hiatus” to their offering.
By: Bharatbook.com Their inaction contrasts with expectations that life insurers would rush to float their shares on the stock market, following a legal breakthrough last year overturning a proposal requiring life insurers to return some benefits as dividends to policyholders. Insurers, who were against the proposal, and the authorities had been stalemated on the issue during the previous 18 years. Analysts point to the US subprime crisis and current stock market doldrums as a reason for the IPO inactivity. However, two smaller life insurers, Tongyang Life and Kumho Life, are reported to be aiming to go public by the end of this year. For more information kindly visit: http://www.bharatbook.com/ # # # Bharatbook.com, the leading information aggregator. We facilitate and support the business information needs. With over 90,000 reports, you can get instant access and insights on the studies in you for market research, corporate / strategic planning by providing the latest information in the form of reports, journals, magazines and databases on varied industries like automotive, oil and gas, shipping, textiles, pharmaceuticals, energy, banking, finance, insurance, risk management Website: www.bharatbook.com End
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