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Shinhan Financial Group acquires Lotte Non-Life Insurance

PRIVATEOct 13, 2026

Acquiring Company

Shinhan Investment & Securities Ltd

Acquired Company

Lotte Non-Life Insurance

South KoreaFinancial ServicesFinanceLendingBankingFinancial ServicesInsurance

Description

Shinhan Financial Group has officially acquired a 77.04% stake in Lotte Non-Life Insurance for KRW 693.3 billion. The acquisition is part of Shinhan's strategy to strengthen its non-banking and insurance operations. Following the acquisition, Shinhan plans to merge Lotte with Shinhan EZ General Insurance to enhance synergies and operational efficiencies. The deal is expected to create a more competitive insurance entity while maintaining existing customer services.

Company Information

Company

Shinhan Investment & Securities Ltd

About

Shinhan Investment & Securities is a securities affiliate of Shinhan Financial Group, recognized for its superior performance in corporate finance. The company has established itself as a leading corporate finance house in Korea through collaboration with large corporations and the expansion of its corporate investment banking (CIB) platform. Shinhan focuses on enhancing cooperation among its affiliates under the 'One Shinhan' initiative. It has demonstrated significant growth and market share increase in the domestic bond capital market.

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Frequently asked

Who acquired Lotte Non-Life Insurance?

Lotte Non-Life Insurance was acquired by Shinhan Investment & Securities Ltd. The deal was reported on October 13, 2026. Shinhan Investment & Securities is a securities affiliate of Shinhan Financial Group, recognized for its superior performance in corporate finance. Shinhan Investment & Securities Ltd is privately held and operates in Financial Services.

When did Shinhan Investment & Securities Ltd acquire Lotte Non-Life Insurance?

Shinhan Investment & Securities Ltd's acquisition of Lotte Non-Life Insurance was reported on October 13, 2026. Shinhan Financial Group has officially acquired a 77.04% stake in Lotte Non-Life Insurance for KRW 693.3 billion. The acquisition is part of Shinhan's strategy to strengthen its non-banking and insurance operations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lotte Non-Life Insurance do?

Lotte Non-Life Insurance Co. provides a variety of insurance products and services, focusing on non-life insurance coverage. It is part of the larger Lotte Group, which operates across several business sectors including retail and hospitality. It is privately held, operating in Financial Services, and is based in South Korea.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.