Korean carriers report H1 2024 12.2% net income increase to US$4.3bn
September 2 2024 by Gurleen Kaur
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South Korea slashes recommended CAR for insurers to 130%: report
- June 11
Financial Services Commission will remove requirements related to net loss and insurance operating loss from the conditions for reversing emergency risk reserves.
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Samsung Fire & Marine to buy additional 21% stake in Canopius
- June 11
Transaction will increase the Korean insurer's total share to 40%.
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Miller expands in Korea as Marsh’s Justin Roh takes on senior vice president role
- June 9
Seoul-based Roh brings over two decades of marine insurance and legal expertise to support Miller’s Asia expansion strategy.
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South Korean non-life insurers face capital pressure as liabilities rise: AM Best
- June 4
Long-term insurance premium growth may face headwinds from macroeconomic uncertainties, while intensified competition could undermine sustainable growth as the market becomes saturated.
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HSBC Asset Management | China’s underestimated innovation capability – AI and beyond
DeepSeek’s breakthrough in artificial intelligence (AI) has gained a considerable amount of investor attention, lifting sentiment towards Chinese assets. We believe China’s innovation ability is not limited to AI.
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Beazley | Turbulent Waters: the maritime energy transition challenge
Businesses are facing a complex transition to non-carbon energy sources amid a push to achieve net-zero emissions for the marine sector by 2050.
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Aon | Navigating shifts in the global and Asia insurance markets
Neelay Patel, Aon head of growth for Asia, says the market in Asia is at an ‘interesting stage of the cycle’.
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Sompo | Accelerating Sompo Group’s sustainable growth through the evolution of the P&C business
Sompo Holdings is taking significant steps to enhance its organizational structure and business strategy to achieve its ambition to become a Japan-born truly global company.
