KB Insurance and Natixis enter infrastructure and aviation co-investment agreement
We are delighted to announce that KB Insurance Co., Ltd. and Natixis S.A. have signed a partnership agreement to co-invest in infrastructure and aviation debt originated by Natixis.
KB Insurance Co., Ltd. is a leading insurance company headquartered in Seoul, South Korea, primarily engaged in non-life insurance related business. The company offers commercial insurance products, including property, marine, accident, and casualty insurance; long-term insurance products; automobile insurance products; and long-term care, disability, health, and cost insurance products. It also provides loan products, including policy loans, credit loans, mortgage loans and others, as well as brokerage, management, claim, call center management, monitoring and research marketing, and call center system implementation services.
Founded in 1959, the company was formerly known as LIG Insurance Co., Ltd., and changed its name to KB Insurance Co., Ltd. in June 2015 when it became a non-life insurance arm of KB Group, one of the largest banking groups in Korea. As of December 31st 2015, KB Insurance Co., Ltd had assets under management of 20,738 trillion Korean Won, approximately USD 18 billion. It is listed on Korea Stock Exchange and has a solid financial base with a Risk Based Capital ratio of 170.2% under the supervision of Financial Supervisory Service of Korea.
Press contacts
Sonia Dilouya
Press Relations, Natixis
+33 1 58 32 01 03
sonia.dilouya@natixis.com
press@communication.natixis.com
Vanessa Stephan
Press Relations, Natixis
+33 1 58 19 34 16
vanessa.stephan@natixis.com
press@communication.natixis.com
Daniel Wilson
Head of Press Relations and Social Media, Natixis
+33 1 58 19 10 40
daniel.wilson@natixis.com
press@communication.natixis.com