Overseas premium of Korea’s four major non-life insurers surpasses trillion-won milestone in 2023: report
March 11 2024 by InsuranceAsia News
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Hana Financial weighs US$148m capital injection for insurance unit amid saturated domestic market: reports
- September 4
If completed, Hana Insurance will have raised around US$370m in new capital within a year.
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Chubb names Samsung Fire veteran Il-Pyung Kim South Korea CEO
- September 4
Outgoing CEO Janice Mo will step into the role of head of commercial P&C for South Korea.
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Samsung Fire & Marine prepares to take control of Canopius: report
- September 3
Samsung's P&C insurer is nearing a deal to lift its stake in the specialty Lloyd’s (re)insurer to more than 90%, according to reports.
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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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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.
