Is the private equity-owned group offering a compelling enough story to tempt investors back to a sector which has been on a downswing for well over a year?
Korea's number one life insurer sets the price towards the top end of the range at W110,000 per share, representing a relatively modest 12% premium to main rival Korea Life Insurance.
The deal is priced below the initial range even though the withdrawal of AIA's planned IPO is said to have resulted in increased interest for the Korean life insurer.