They will combine claims intelligence and specialist expertise to identify suspicious claims patterns and curb insurance fraud across health and motor lines.
The charge accounts for around 9% of premiums across levied classes, and the council warns it may push households to raise excesses and cut sums insured.
From expanding Hong Kong's influence across the global maritime value chain to developing specialty insurance products for mainland companies going global, the plan outlines an ambitious growth agenda...
Stable underwriting results and a favourable loss ratio in the long-term line underpin the rating as the South Korean insurer pushes further into overseas specialty markets.
AM Best affirmed the ratings of Taiwan's second-largest non-life insurer, which made a net profit of NT$3.8bn (US$119.5m) in 2025 on a return on equity of 18.9%.
Asia's commercial space sector is expanding faster than local insurance capacity, leaving operators reliant on overseas reinsurers as orbital congestion emerges as a new underwriting risk.
The merger is intended to enhance Kyobo Life's digital insurance capabilities by combining Lifeplanet's online platform with its broader life insurance franchise.
