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Lifenet Insurance Co Establishes Joint Venture in South Korea


Wednesday, 30 Oct 2013 03:00am EDT 

Lifenet Insurance Co announced that it has established a joint venture, which has received approval to engage in life insurance business, with Kyobo Life Insurance Co., Ltd. on September 27, 2013. The Company and Kyobo Life Insurance Co., Ltd. is holding a 34% stake and a 66% stake in the joint venture. 

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