South Korea
Major South Korean insurers to stop underwriting new coal projects
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.
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