Korea Financial Services Commission
South Korea allows life policyholders to tap death benefits for retirement
South Korea allows life policyholders to tap death benefits for retirement
The option will be available only to policyholders aged 55 and above.
FSC slaps KR₩155m fine to Samsung Life over unpaid insurance claims
FSC found the insurance firm in violation of the Insurance Business Act.
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1. This week in insurance: Sompo–Guidewire cloud partnership, Swiss Re acquires QBE credit and surety unit, Zurich moves to buy ClearView. 2. Hong Kong insurers post weaker 2024 as premiums slip 3. Zurich Cover-More CEO exits after acquisition 4. Insurance demand amongst Indians surges as weddings shift overseas 5. Aditya Birla Sun Life Insurance wins IRDAI nod for Nifty 50-linked annuityResource Center
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India’s cyber risk paradox: High attack rates, low insurance preparedness