Korea’s insurers struggling to meet profit expectations: KIRINovember 18 2020 by InsuranceAsia News Staff
- January 8
Investment returns allowed sector to achieve an overall profit of Rmb5bn.
- December 30
Insurance Commission notes decline across the board but profitability holds up.
- December 18
ASX-listed global P&C player hit hard by Covid-19, nat cats and North America write-downs.
- November 30
Tokio Marine, MS&AD and Sompo more exposed to Covid-19 risk in overseas markets.
The year 2021 will be critical for insurers to ensure they are ready for new regulations set to arrive in 2023.