Korea to provide US$5bn trade cover for defence exports
April 18 2024 by InsuranceAsia News-
Korea’s FSC urges insurers to speed up claims payment
- August 29
Head of the FSC Kim Byoung-hwan also called on insurers to digitalise their insurance claim services by October.
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Korea’s FSC might review proposed change in insurers’ capitalisation rules: report
- August 29
The Financial Supervisory Service had proposed that, starting next year, the discount rate for market valuation of insurance liabilities will be based on the 30-year government bond rate instead of the 20-year rate.
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Hanwha General Insurance’s rate hike effort pays off for its long-term business: AM Best
- August 16
AM Best affirmed the rating of Korea's sixth-largest non-life insurer at “a” (excellent) with a "stable" outlook.
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Analytics: Korean insurers’ record H1 results marred by motor results slump
- August 16
Rates cuts by major players have led to a a significant deterioration in their motor portfolio in the first six months of the year, while a focus on long-term insurance products has helped the bottomlines.
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Peak Re | Emerging Asia middle class: A catalyst for change
Rising demand for elderly care and women driving consumption growth mandate carriers to develop precise solutions to meet customer expectations.
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Rimkus, CCi, and Hargreaves Jones set for continued global growth under one brand
A series of successful acquisitions has extended Rimkus’ services and expanded its global footprint.
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Aviva Investors | Liquidity optimisation for insurers: Building a bespoke portfolio solution
In this in-depth case study, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
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Guy Carpenter | Private equity’s reshaping of the Asian life sector has further to run
PE-backed reinsurers provide access to asset classes and investment expertise that often don’t exist within the traditional carriers themselves.