South Korea
Stable underwriting, investment support DBI Insurance medium-term performance
Stable underwriting, investment support DBI Insurance medium-term performance
DBI’s risk-adjusted capitalisation is backed by solid growth of its capital, which reached $5b as of end-2020.
South Korean insurers chided for restrictive COVID-19 vaccine policies
Customers have been giving personal data in exchange for these policies.
South Korean life insurers' interest payment burden rising: report
Their financial performance is diverse but has decayed amidst the prolonged low interest rates.
South Korea to decide on Samsung daughters' life insurance shareholder eligibility
The regulator is expected to rule in their favour, sources revealed.
Major South Korean insurers to stop underwriting new coal projects
The confirmation follows pressure from a network of civic groups.
South Korea regulators to upgrade insurance benefits system
There is still about $11b (KRW12.6t) in unclaimed insurance funds.
Better credit quality ahead for South Korean insurers in 2021
Life insurers saw better profits in 2020, whilst non-lifers saw improved loss ratio.
South Korea's Kakao clinches initial nod for digital non-life licence
The company will be granted full approval within six months once prerequisites are met.
Commentary
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