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Hanwha life
South Korea
1946 (79 Years)
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What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Hanwha life
Company Information
Get to know Hanwha life
Established in 1946, Hanwha Life Insurance (the former name called Korea Life Insurance) is the oldest life insurance company in Korea. Hanwha Life Insurance is a life insurance company in South and known as South Korea's second largest life insurance company with assets of 81 trillion won as of November 2013. Hanwha Life also operates in Vietnam in 2008 and introduced in public in 2009.
Industry
- Financial BankingPRIMARY
- Financial Insurance
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