Profits up for Korea’s non-life insurers
October 26 2016 by InsuranceAsia News-
South Korea’s nat cat claims under public insurance schemes top US$1bn in 2025: Korean Re
- October 5
Claims paid under storm and earthquake insurance, crop disaster insurance, and livestock disaster insurance rose by 16.5% year on year.
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KDIC, OK Financial set to conclude negotiations over YeByeol Non-Life Insurance deal: reports
- October 2
Final acquisition of the bridge insurer set up to wind down the troubled MG Non-Life Insurance is expected to be completed in 2027.
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Lotte Non-Life eyes mid-October open sale, awaits bidders: report
- September 30
Industrial Bank of Korea and Heungkuk Fire & Marine Insurance are seen as potential bidders in the new auction, according to Maeil Business.
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Singapore’s GIC takes 5% stake in Samsung Fire and Marine
- September 10
With its purchase of 2.24 million shares, the sovereign wealth fund has become one of the largest shareholders of the South Korean insurer.
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