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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, October 7, 2026

South Korea’s life insurance market expected to exceed US$150bn by 2027

GlobalData expects the South Korean life insurance market set to grow at 5.6% CAGR to to KRW255.4 trillion in 2027, driven by its ageing population.
Seoul, south korea cityscape at sunset.

By 

September 11, 2023

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2 min read
Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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Banner for 22nd SIRC: 'Capacity to Capability'—Building resilience through innovation; futuristic city skyline with a glowing highway; Nov 1–5, 2026 at Sands Expo & Convention Centre.

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