Korean insurers may face bigger corporate tax bill this year due to IFRS: report
May 15 2024 by InsuranceAsia News
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South Korea non-life insurers’ H1 net income up 10% to US$3.7bn
- August 27
Premium income increased 8.6% to US$50.4bn in the first half of the year, with growth observed across all lines.
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From Flores to Chiba, Asia’s nat cat spree exposes protection gap with insurers set to escape major losses
- August 20
Indonesia, Japan, South Korea and China have been hit with earthquakes, downpours, floods and typhoons over the last week, with loss adjusters telling InsuranceAsia News that the human toll is severe but insured losses remain surprisingly contained due to low coverage in affected areas.
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Kyobo Life eyes Axa Korea takeover to re-enter non-life market: report
- August 12
If completed, the deal would bring Axa Korea back under Kyobo Life's wing after over two decades.
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Jeong-Sook Kim joins UK P&I Club to steer South Korea presence
- August 11
She is a qualified maritime lawyer who previously worked for Steamship Mutual for over a decade.
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PartnerRe | The missing life stage: why caregiving is reshaping the future of protection in APAC
To stay relevant, insurers should engage caregivers earlier with solutions that combine protection, navigation support, and preventative planning.
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BHSI | The real risk begins underwater: How subsea risk is changing insurance
Asia's subsea industry is expanding and evolving rapidly, with the growing use of technology across the region changing the way risks are be assessed.
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Beazley | Clean marine: How aqua-innovators can ride the energy wave
Insurance is critical to clean marine progress, but new fuels bring risks traditional policies do not fully cover, presenting market players an opportunity to build new models.
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PartnerRe | Dementia the protection gap insurers can no longer ignore
Unlike acute illnesses, dementia creates a long tail of financial need and its impact extends well beyond patients.
