South Korea
DB Insurance’s Fortegra deal won’t affect balance sheet
DB Insurance’s Fortegra deal won’t affect balance sheet
The acquisition is expected to deliver profit contributions worth over 20% of overseas premiums.
South Korea’s life insurance market to hit $174.4b in 2030
Rising demand for health, pension, and protection products is driving growth in 2025.
South Korea’s DB Insurance to acquire The Fortegra Group
DB seeks to expand in the US and European specialty insurance markets.
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.
Thought Leadership Centre
In Association with
Most Read
1. Asia insurtech deals hit $100m despite global slowdown 2. Legacy systems weigh on Singapore insurers despite AI ambitions 3. Manulife Singapore to offer multi-cancer blood test starting May 4. AIA Singapore launches new critical illness cover for 95th year 5. Iran war raises long-term risks for Asia builders' insurance gainsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
07
Event News
Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
