Korea seeks to revamp health insurance policies
May 20 2016 by InsuranceAsia News-
South Korea plans state reinsurance backstop for storm, flood, earthquake cover
- October 26
Interior ministry proposes legislation allowing the government to write nat cat reinsurance, with the national treasury in line to meet any shortfalls.
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KB Insurance opens UK arm, sets sights on stakes in Lloyd’s syndicates: report
- October 16
London subsidiary is the South Korean insurer's fourth overseas subsidiary after Indonesia, the US, and China.
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Shinhan Financial agrees US$516m deal for controlling stake in Lotte Insurance
- October 13
Korean financial services group signed an agreement to purchase a 77% stake in the non-life carrier from private equity owner JKL Partners.
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South Korea’s OK Financial signs deal to acquire Yebyeol Insurance from KDIC
- October 8
KDIC will provide US$737m in financial support as part of the deal.
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BlackRock | Infrastructure comes of age for insurers
Are insurers capturing full value from the asset class? BlackRock shares its perspective.
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Beazley | Navigating geopolitical risks at sea
Maritime shipping faces growing geopolitical threats—missiles, drones, GPS interference, and cyber sabotage—requiring better intelligence, crew welfare, and resilience measures.
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Zurich | Why resilience will define the winners of Asia’s clean energy transition
Planning for future conditions from the outset can improve operational reliability, reduce potential disruption and protect long-term asset value.
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Sedgwick | Captives in Asia: From Niche Solution to Strategic Risk Platform
Captive insurance has evolved from niche tool to strategic risk infrastructure in Asia, with connected claims data seen as key to unlocking its full value.
