Korea Financial Group Begins Due Diligence on Lotte Insurance

COMPANY / Reporter Paul Lee / 2025-09-19 03:20:39

[Alpha Biz= Paul Lee] SEOUL, September 18, 2025 – Korea Financial Group has begun a due diligence review of Lotte Insurance as part of its ongoing efforts to acquire an insurance license, industry sources confirmed on Thursday.



According to the financial investment industry, Korea Financial Group recently appointed Deloitte Anjin as its accounting advisor and has launched a formal review of Lotte Insurance’s books.



The group has been actively considering the acquisition of an insurance company currently on the market to secure an operating license. Prior to this, Korea Financial Group also conducted due diligence on BNP Paribas Cardif Life Insurance.



Market observers note that the move reflects Korea Financial Group’s strategy to strengthen synergy among its subsidiaries. The group currently controls Korea Investment & Securities, Korea Investment Savings Bank, and Korea Investment Capital, but does not yet operate an insurance unit.

 

 

 

 

Alphabiz Reporter Paul Lee(hoondork1977@alphabiz.co.kr)

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