UPDATE 1-All bids for S.Korea's Samsung Life turned down


(Adds more details, quotes) SEOUL, Aug 16 (Reuters) - Shareholders of Samsung Life Insurance Co. have turned down all three bids for a 17.6 percent stake in the insurer, a shareholder said on Tuesday, saying they failed to meet local regulatory conditions. Three candidates -- U.S. buyout firm Kohlberg Kravis Roberts & Co., Asia-focused fund Olympus Capital and local fund MBKP -- did not qualify under South Korean regulations, said a spokesman at Seoul Guarantee Insurance Co, the key ...

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