[THE INVESTOR] Hanwha Life Insurance will invest 150 billion won ($131.77 million) into its Indonesian unit to strengthen its foothold in the fast-growing market, the firm said on July 21. To expand its life insurance business in Indonesia, the firm will commit 80 billion won into the sales channel to boost the number of branches to 44 by 2025 from the current 10. “The future of Korea’s insurance industry, which has reached a saturation point, depends on readiness to dominate the promising overs