South Korea
Korea’s insurers benefit from regulatory changes easing investment rules
Korea’s insurers benefit from regulatory changes easing investment rules
Insurers are likely to focus on asset-liability management.
How South Korea insurers boost capital buffers to 206.8% in June 2025
Available capital rose to $187.6b.
Samsung Fire & Marine Insurance posts stable earnings outlook
Its underwriting remains stable with a low combined ratio, AM Best said.
South Korea reinsurance market strengthens with 2025 renewal gains
Insurers are also tapping capital markets through subordinated and hybrid debt.
South Korea’s general insurance sector bound for 3.8% CAGR through 2029
Motor insurance will account for 58.7% of direct written premium (DWP) in 2025.
KDB Life reorganises third insurance portfolio to drive profitability growth
The initiative includes tighter profitability checks and a pre-alert system.
Hanwha Life enters US capital markets with Velocity deal
This would be the first South Korean insurer to acquire a US securities firm.
Investors turn to South Korea’s life insurers for growth
Parental support and operational scale remain critical factors for these insurers.
DB Insurance holds steady on profits amidst market pressures: AM Best
Operating performance is projected to remain solid.
Miller launches marine insurance team in Korea with four hires
KyungSeop (KS) Shim joins from Marsh Korea as head of Specialty, Korea.
South Korea to launch heat insurance for outdoor workers in 2026
The policy targets day labourers involved in public outdoor projects.
Hyundai Marine & Fire strengthens profits with high-quality bond assets
Despite rate pressures on its auto line, HMF posted 15.8% ROE last year.
South Korea proposes shift in insurance from hours to income
The revisions would mark the first major change to the system since 1995.
South Korean insurers to see steady earnings with CSM boost
However, the sector's capitalisation is expected to face continued pressure.
Fitch expects Hanwha Life to sustain earnings strength
This was supported by a strong contractual service margin.
South Korean life insurers see sharper capital dip in Q1 2025
As of end-March 2025, the average K-ICS ratio stood at 197.9%.
Hanwha Life to maintain strong capital and stable earnings
Earnings outlook is stable, backed by $6.6b in accumulated CSM.
Thought Leadership Centre
In Association with
Most Read
1. Howden’s Shweta Swaroop pushes pay data transparency in insurance 2. Hong Kong insurance C-Suite pay hits $3m as affluent client focus drives 2026 hiring 3. Etiqa and AIA expand Takaful access via 6,300 agents 4. GrabInsure rolls out insurance for SG private-hire vehicle drivers 5. Why Indonesia insurers face flat 2026 premiumsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Events
Event News
Speakers from Kasikornbank, KPMG Thailand, Systemweb Technology, and Simon-Kucher will share their insights on the industry’s latest trends and challenges.
Commentary
For Asia’s insurers, boldness is the key to an AI-driven transformation
India’s cyber risk paradox: High attack rates, low insurance preparedness