Emerging risks | Growth Opportunities | APAC Insurance

Thursday, November 12, 2026

Life, Life and Health, Market report, News, Non-life, Protection gap, Rates/premiums, Regulatory, Savings products

South Korea’s premium growth to halve to 3.5% in 2027 amid regulatory pressures

Life premiums are expected to rise 2.3%, while non-life premiums could grow 4.5%, driven by protection products, according to KIRI.

By

Gloria Methri

October 22, 2026

•

3 min read

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Unlock this insight for free

Register for a free 14-day trial to read the full insight.

14 days of access to (Re)in Asia’s premium intelligence
Free daily briefing in your inbox each morning
No credit card required

Already have an account? Sign in →

(Re)in AsiaSIRC 2026 Hub

(Re)in AsiaSIRC 2026HubExplore the hub →

Read next

South Korea freezes National Health Insurance premium rate at 7.19% for 2027 September 9 2026
South Korea's non-life premium growth accelerates to 11.8% in Q2 September 14 2026
Singapore life insurance premium growth to reach 13%-17% in 2026 before easing in 2027: S&P October 14 2026
South Korea’s FSS to check insurers’ actuarial assumptions amid profit inflation concerns — report September 23 2026
South Korea's FSS flags claims handling concerns amid rising complaints September 16 2026
Japan and Hong Kong support AXA life growth in 9M26 as new business pressures persist November 2 2026