보험지주회사 규제에 관한 소고

Abstract

In the principal of division between finance and industry, Korean Government has traditionally regulated that the financial companies get the share of industrial companies. At the same thing, also industrial companies have been regulated to get the share of financing companies. This principal has been kept up to now, despite the Korean Finance Holding Company Act in 2000 was enacted to improve the competitive power of Korean finance company in the world after the finance crisis 1998 in Korea. Especially, the principal has been applied to bank and insurance companies, too. In a related matter, the Korean Finance Holding Company Act has a great special feature in relation to other countries to demand that the finance holding companies have a system of the pure holding company. That means that the insurance holding company including bank and security holding company can't have been settled in Korea. As a result, Korean insurance holding companies can't have used the effect of economy of scale in the world. Also, these unique regulation for Korean holding companies have made korean insurance market more smaller than other countries. In order to resolve these problems, the Korean Finance Holding Company' Act have to be revised like the United States America and Germany, Japan. That means that the Act is so revised that the korean insurance holding companies can take over the daughter's companies that make business on the industrial area. And in USA and Germany, a lot of insurance companies as Allianz and Munich Re have the mid- holding companies. These companies have expanded their business area with that way. So, the Korean Finance Holding Company' Act have to be revised to allow the establish and transfer of the mid- insurance holding companies.