Kyobo Life Insurance Co. is in the final stages of negotiation with Japanese financial group SBI Holdings Inc. to buy about a ...

Shin Chang-jae, chairman of Kyobo Life Insurance, approached the long-awaited transition to a holding company by resolving part of the 'put option dispute' with financial investors (FI).

Japan’s SBI Holdings is set to increase its stake in Kyobo Life Insurance to 20 percent, becoming the second-largest ...