Korea sees rise in sales of variable insurance policies
July 14 2017 by InsuranceAsia News-
Korea’s FSC to establish bridge insurer for MG Non-Life reorganisation: report
- May 13
Temporary insurer will be funded by Korea Deposit Insurance Corporation to manage the troubled carrier's insurance contracts and transfer to other non-life carriers.
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Lotte Insurance plans capital raise as it postpones US$64m bond redemption: reports
- May 13
Carrier's plans to exercise a call option ran into opposition from regulator FSS due to low capital ratio.
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Korea P&I club gets rating outlook downgrade as 2024 COR climbs to 204%: AM Best
- May 12
Rating agency has revised the outlook to negative from stable and affirmed the financial strength rating of B++ (Good) and the long-term ICR of bbb+ (Good) of the club.
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Lotte Insurance faces regulatory block on US$64.2m bond redemption amid capital concerns
- May 12
Under the current supervisory regulations, early redemption is only allowed if the solvency ratio K-ICS remains above 150% after redemption but South Korea's financial regulator estimates the ratio would drop to 127.4% following the redemption.
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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.
