Korea P&I Club’s balance sheet improves but risks remain

August 24 2021 by InsuranceAsia News Staff
Korea P&I club

Following a net loss of W4.2 billion (US$3.6 million) in 2019 due to several “unprecedented” large claims, KP&I turned a profit of W1.8 billion in fiscal year 2020 (FY 2020) after a reduction in c...

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