The Korea Herald

피터빈트

Hyundai Motor takes out US$43.2m policies from Hyundai Life Insurance

By 황유미

Published : June 30, 2016 - 17:39

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[DISCLOSURE] Hyundai Motor (005380) announced on June 30 that it has taken out insurance policies worth 50 billion won (US$43.2 million) from its affiliate Hyundai Life Insurance to manage severance payment for its employees and improve profitability.