Cigna expands foothold in South Korea

Cigna is looking to launch a non-life insurance company in South Korea to complement its current life insurance company there, called Lina Korea.

The new company is set to open in the first half of 2022,according toBusiness Korea.

信诺的进一步扩张到韩国让我t the first foreign company to have a digital non-life insurance presence in the country. Other competitors are largely part of Korean business conglomerates, such as Hana or Hanwha.

Lina Korea first entered the Korean market in 1987, marking Cigna's first venture there.

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