South Korea Financial Supervisory Service
South Korea insurance industry profits fell by 21% in Q1
South Korea insurance industry profits fell by 21% in Q1
Net profits for all 53 major insurers totaled $2.45b.
FSS to take tougher measures on screening of suspicious insurance cases
The South Korean regulator said this is to reduce fraud in the industry.
FSC slaps KR₩155m fine to Samsung Life over unpaid insurance claims
FSC found the insurance firm in violation of the Insurance Business Act.
Thought Leadership Centre
Most Read
1. Top 50 list shows recovery in Hong Kong’s insurance premiums 2. 2025 salary hikes expected in Singapore's insurance sector 3. New India Assurance works to tighten underwriting, risk controls 4. Allianz bids Income Insurance 51% takeover goodbye 5. NRIC numbers invalid for key insurance transactionsResource Center
Read Here
Advertise
Sign Up
Awards
Jul
08
Events
Event News
Highlighting its innovative approach to the ageing population, digital transformation, and international insurance market leadership.
