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Last update: 25 Apr, 2024 
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Last update: 25 Apr, 2024 249 Views
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LOTTE CHEMICAL TITAN
Moody's downgrades Lotte Insurance following ...
Moody's downgraded South Korea-based Lotte Insurance Co. Ltd.'s insurance financial strength ratings to Baa2 from Baa1 and revised its outlook to stable. The downgrade reflects Moody's expectation that Lotte Insurance's business and financial profiles will weaken following private equity firm JKL Partners Inc.'s recent acquisition of a 54.39%
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