Browsing: MG Non-Life Insurance

South Korea’s financial regulator to present options for financially weak MG Non-Life Insurance

The Financial Services Commission is working to find the best solution for MG Non-Life Insurance Co., which faces potential liquidation.

Meritz Financial Group terminated its acquisition of the financially struggling MG Non-Life Insurance, raising the prospect of liquidation.

After a failed fifth attempt to sell MG Non-Life Insurance, the state-run KDIC is now considering liquidation.

MG Non-Life Insurance Co. is heading toward liquidation as a potential buyer terminated its takeover bid due to disagreements with the labor union.