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.
Specialty (re)insurer's fifth global unit will integrate data, analytics and risk engineering to help clients address exposures such as climate, cyber and supply chain disruption.
