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Thursday, November 12, 2026

Guarantee insurance, Mutual, News, Non-life, Ratings, Ratings outlook downgrade, Specialty, Surety

S&P places Engineering Guarantee Insurance on CreditWatch negative over exposure to distressed manufacturer

About KRW1tn (US$667m) of guarantee bonds tied to Dawonsys are under scrutiny as delayed rail contracts heighten the risk of claims.

By

Reih Angeles

March 19, 2026

•

2 min read

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