‘Pioneering Separation of Sales and Product Development’—Mirae Asset Life Insurance’s GA Sees Record-Breaking Revenue in the First Half of the Year
Mirae Asset Financial Services, a subsidiary-type General Agency (GA) of Mirae Asset Life Insurance, has achieved its highest revenue ever in the first half of this year. Mirae Asset Financial Services, a subsidiary-type General Agency (GA) of Mirae Asset Life Insurance, has achieved its highest revenue ever in the first half of this year. The company has seen consistent growth since the separation of sales and product development in 2021, with a significant increase in revenue, particularly driven by its focus on protection-oriented insurance products and expanding Contractual Service Margin (CSM). This article explores Mirae Asset Financial Services’ performance and future outlook. Mirae Asset Financial Services, often referred to as the pioneer of the separation of sales and product development, has shown impressive growth following the landmark decision to separate these functions in 2021. According to Mirae Asset Life Insurance's interim report released on the 28th, Mirae Asse...