Hanwha Life enters US market with Velocity Clearing acquisition
Hanwha Life, South Korea’s first life insurance company, completed its acquisition of a 75% stake in Velocity Clearing, LLC, a U.S.-based global financial services firm, on July 30, 2025. This marks the first time a Korean insurer has acquired a U.S. securities firm, signaling Hanwha Life’s strategic expansion into North American capital markets beyond its … Read more