Korean firms raising capital ahead of IFRS 17
June 27 2017 by InsuranceAsia News-
South Korea non-life carriers’ insurance income plunges 32% despite premium growth
- March 30
Insurance income fell to US$3.7bn in 2025, but premium income grew 10% to US$92bn, Financial Supervisory Service data shows.
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Hana Financial, Korea Investment, JC Flowers finish due diligence on Yebyeol Insurance ahead of main bid
- March 20
Korea Deposit Insurance Corporation will review the management plans submitted by the three candidates before choosing a preferred negotiating party.
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West P&I strengthens Korean presence with new consultancy agreement
- March 11
WIK Marine Consultant's director S. R. Kim has been appointed as West P&I’s representative in South Korea.
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Lotte Non-Life faces capital plan review as JKL accelerates sale
- March 9
Financial Services Commission directs South Korean carrier to submit a new capital improvement plan within two months, having rejected an earlier proposal.
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