South Korea Life Insurance Industry
US reinsurer and Tongyang Life seal historic coinsurance deal
US reinsurer and Tongyang Life seal historic coinsurance deal
This is the first cross-jurisdictional coinsurance transaction in South Korea.
South Korea life insurance industry to reach $117b in 2026
Its growth will be driven by product innovations by insurers.
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1. Hong Kong insurer complaints rise for fourth straight year 2. Hong Kong insurance sales rebound as Chinese visitors return 3. Malaysia fines Zurich $390,000 over sanctions breaches 4. Asia-Pacific insurance may reach $10t by 2034 5. Sun Life reported income falls 49.9% to $340m in Q1 2026Resource Center
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Jul
07
Event News
CEO Phlaphongphanich said the industry is measuring the wrong things.
