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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Highlighting its innovative approach to the ageing population, digital transformation, and international insurance market leadership.
