S. Korea's Mirae Asset Life plans $500 mln IPO -source

HONG KONG, Nov 5 (Reuters) - South Korea's Mirae Asset Life Insurance plans to raise about $500 million through an initial public offering in the first half of next year, a source with direct knowledge of the matter said on Thursday.

Citigroup (C.N) and Samsung Securities are among the banks handling the offering, said the source, who was not authorised to speak publicly about the deal.

(Reporting by Michael Flaherty; Editing by Ken Wills)