SEOUL, South Korea, March 31 (Bernama-BUSINESS WIRE) -- Pacific Life Re Limited, Korea Branch
(“Pacific Life Re Korea”) has received regulatory approval from the Financial
Services Commission (FSC) to commence writing onshore reinsurance business in
Korea.
Pacific Life Re Korea is part of Pacific Life Re, the reinsurance division of the Pacific Life group. Pacific Life Re has existing offices in Asia, Europe, Australia, and North America. The ultimate parent is Pacific Mutual Holding Company, a US-based mutual life insurance company founded in 1868 with over US$137bn in Company Assets, as of December 31, 2015.
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