China's insurers have paid or advanced 210m yuan (US$29m) to policyholders as the NFRA orders fast-track claims handling following floods and landslides across six regions.
The new facility will provide property damage and business interruption cover for both nuclear-critical and conventional risks, from construction to operation.
Following weaker bottom-line results in FY2025, the South Korean insurer posted net income growth of KRW635.2bn (US$426.1m) in the first quarter, supported by higher sales.
