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

June 30, 2016 - 17:39 By 황유미
[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.