Ratings affirmation and outlook upgrade came as FWD Group moved from its inaugural full-year profit of US$10m in 2024 to US$39m in the first half of 2025, driven by new business growth.
At least 30 people were injured, some 2,700 homes in Aomori were without power, and numerous fire incidents were recorded, according to reports from local media.
The breach exposed personal data from 33.7 million accounts, leaving Coupang facing potential compensation claims of trillions of KRW, far exceeding the insurance policy’s limit.
The insurer posted positive earnings in spite of losses from Typhoon Yagi in 2024, and underwriting margins have shown a recovery in the first nine months of 2025.
