Korean insurers post 28.3% profit riseAugust 16 2017 by InsuranceAsia News Staff
- August 12
Amid a slow growth environment, losses on corporate bond portfolios raises questions about the wider threat to market.
- August 8
The group missed its full year nat cat target by US$70m and had an investment loss of US$131m.
- August 5
The reinsurer attributed the drop largely to a decline in investment income.
- August 1
The company reported a five-year average combined ratio of 101.4%.
A longer claims process and increased cost were some of the challenges faced by insurers.
Tropical cyclones have always been a significant peril in Asia and a major focus for risk assessment in the region.