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. Insurance capital shifts as 60% of investors expand 2. Income Insurance names DBS veteran Lim Sim Seng as chairman 3. India life premium jumps 39.1% in April 2026 as group business surges 4. Aditya Birla Sun Life launches Anmol Akshaya 5. Income Insurance shareholders gain exit route via AltaXResource Center
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Claims delays reshape customer loyalty patterns in Indonesia insurance sector.
