Korean firms must raise capital reserves by year end
June 29 2017 by InsuranceAsia News-
Growth prospects intact for KB Insurance despite medical, motor lines pressures: AM Best
- November 3
Rating agency affirmes KBI’s rating of A (excellent) with a stable outlook.
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Industry review, new corporate info drive Fitch upgrade for Construction Guarantee
- October 20
While the rating agency expects CG’s capital strength to remain stable, COR rose to 126% in 2024 from 68% in 2022, driven by higher guarantee claims and additional reserves amid economic strain, high interest rates and rising construction costs.
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Lawmakers to question major Korean carriers over high disaster insurance premiums, margins: report
- October 14
The National Assembly has summoned chief executives of Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, Hanwha General Insurance, Meritz Fire & Marine and NH NongHyup Property & Casualty Insurance.
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Regulatory pressure weighs on Korean digital insurers: report
- October 2
The industry is calling for regulations tailored to startup carriers, including easing the application of K-ICS.
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Beazley | What does cyber protection look like from day 1 to day 600 and beyond?
Cybersecurity is no longer just an IT concern, but a governance issue that belongs on the boardroom agenda.
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Sedgwick | Preparing for the next storm
Insurance industry needs to recalibrate, invest in innovation and strengthen systems, talent and data practices.
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Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
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BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
