South Korea
South Korean firms seek insurance amidst workplace injury risks
South Korean firms seek insurance amidst workplace injury risks
Aon said 64.3% of organisations have plans for work-related injuries.
2 days ago
New capital rules pressure South Korean insurers
Standardised actuarial assumptions may affect firms differently based on underwriting practices.
4 days ago
South Korea shields doctors from $1.2m claims
The government will pay the full $1,138 annual premium per specialist.
5 days ago
South Korea eases AI rules as oversight tightens
Regulators will accelerate network separation reforms for financial AI systems.
Hyundai Marine suffers insurance profit squeeze
AM Best says medical indemnity exposure left the insurer sensitive to claims trends.
South Korean insurers face new capital rule pressure
Fitch said overall buffers remain sufficient to absorb the changes.
Korea P&I faces volatility risk from large claims over near term
AM Best said the club’s small capital base leaves earnings exposed.
South Korea insurers’ $3b profit leaves non-life firms behind
The 30 non-life players reported $1.4b after a year-on-year decline.
South Korea insurers lift overseas profit to $197m
FSS said earnings rose by $37.9m from $159.1m a year earlier.
South Korea insurers lift capital by $6b under K-ICS in December 2025
Available capital reached $190.3b at the end of December.
Hanwha Life profit run-rate trails $300m target
Standalone net income nearly doubled to $0.2b in the first quarter of 2026.
Capital regime pressure hits Korean insurers' margins amidst rising claims
New core capital ratio rule is set to tighten balance sheet quality.
South Korean insurers post 14.5% profit drop in 2025
Total premium income reached $179b across life and non-life segments.
Hanwha Life's net income sinks 56.5% in FY 2025
Insurance earnings slid 32% YoY.
South Korea regulator widens responsibilities maps from insurers to savings banks
FSC invites $0.49b savings banks into pilot ahead of 2 July 2026.
South Korea insurers see profits sink 15.2% in 9M 2025
Net income slid to $7.90b despite gains from asset sales and revaluations.
South Korean insurers’ capital reaches $200b in Q3 2025
Net earnings were $2.3b and other comprehensive income increased $4.9b over the quarter.
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