Acquiring Company
Shinhan Financial Group
Acquired Company
Lotte Non-Life Insurance
South KoreaSouth KoreaFinancial ServicesFinanceLendingBankingInsuranceFinancial ServicesInsuranceDescription
Shinhan Financial Group is in talks to acquire Lotte Non-Life Insurance Co. to enhance its non-life insurance business. This acquisition is part of Shinhan's strategy to close significant gaps in its financial services portfolio. A dedicated task force has been established to facilitate the acquisition process. This move is expected to strengthen Shinhan's market position in the insurance sector.
Don't miss Shinhan Financial Group's next move
Get an email the moment Shinhan Financial Group makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Lotte Non-Life Insurance?
Lotte Non-Life Insurance was acquired by Shinhan Financial Group, based in South Korea. The deal was reported on September 2, 2026. Shinhan Financial Group is a major South Korean financial holding company offering a comprehensive range of financial services. It focuses on banking, insurance, and asset management. Shinhan Financial Group is publicly traded (SHG) and operates in Financial Services.
When did Shinhan Financial Group acquire Lotte Non-Life Insurance?
Shinhan Financial Group's acquisition of Lotte Non-Life Insurance was reported on September 2, 2026. Shinhan Financial Group is in talks to acquire Lotte Non-Life Insurance Co. to enhance its non-life insurance business. This acquisition is part of Shinhan's strategy to close significant gaps in its financial services portfolio. 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.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.