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Hanwha Life GA Under Pressure: Allegations of Premium Payments Before IPO

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As Hanwha Life Financial Services, a subsidiary of Hanwha Life Insurance, plans to go public in the next two years As Hanwha Life Financial Services, a subsidiary of Hanwha Life Insurance, plans to go public in the next two years, its GA planners are reportedly under increasing pressure to boost sales. With a target of achieving a company valuation of 1 trillion won this year, the company is tightening its grip on performance. However, there are growing concerns about over-competition and potential consumer harm due to aggressive sales practices. Increased Sales Pressure and Allegations of Improper Practices Industry sources indicate that Hanwha Life Financial Services planners are voicing dissatisfaction over the intense sales pressure. A manager in the Seoul region emphasized the importance of profitability for the 2026 IPO, urging planners to focus more on generating revenue. This directive aligns with the broader sales strategy of Hanwha Life, filtering down through regional manage...