Life Insurance MG Non-Life Insurance Faces Liquidation After Takeover Deal CollapsesBy insurancejournalnewsMarch 13, 20250 Meritz Financial Group terminated its acquisition of the financially struggling MG Non-Life Insurance, raising the prospect of liquidation.
Life Insurance Meritz Drops Bid for Troubled MG Non-Life Insurance, Raising Liquidation FearsBy insurancejournalnewsMarch 13, 20250 After a failed fifth attempt to sell MG Non-Life Insurance, the state-run KDIC is now considering liquidation.
Life Insurance MG Non-Life Insurance Faces Liquidation After Takeover Deal CollapsesBy insurancejournalnewsMarch 13, 20250 MG Non-Life Insurance Co. is heading toward liquidation as a potential buyer terminated its takeover bid due to disagreements with the labor union.