SEOUL -- Samsung Group faces a difficult decision on its life insurance arm as South Korea's government presses family-owned conglomerates to spin off financial units, part of President Moon Jae-in's effort to weaken their power.
Samsung Life Insurance's major stake in core company Samsung Electronics makes it a cornerstone of the group's structure, and leaves the prospect of selling to an outsider seem unappetizing. But the other option of having another group company buy out the insurer's stake would require massive funding.
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