Korean regulators and insurance association sign MOU to tackle rising motor insurance fraud
The collaboration aims to share information and improve detection using traffic accident reconstruction programmes and CCTV footage analysis.
Korean insurers face profit squeeze as premium growth slows to 2.3% in 2026: KIRI
The Korea Insurance Research Institute warns that financial market uncertainty and persistently low interest rates will continue to pressure the industry's bottom line.
Hong Kong IA complaints rise 33% in H1 2025 but remain below pre-pandemic levels
Of the complaints received from the Insurance Authority, operational issues and conduct matters were the leading concerns.
South Korea life insurance market to grow 4.5% annually through 2030 on reforms, ageing population
GlobalData estimates direct written premiums will expand to KRW234.3 trillion (US$167bn) in 2030.