Industry participants say the proposed framework, set to launch by 2028, could reduce costs, improve operational efficiency and support broader adoption of captives and insurance-linked securities.
Insurers face broader expectations on stress testing, collateral quality, recapture planning and reinsurer due diligence under the revised guidelines, which apply from July 1.
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South Korea’s FSS slows discount rate rules to relieve solvency pressures for non-life insurers — AM Best
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28 August
28 August
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