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Thursday, September 24, 2026
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DB Insurance
South Korea motor insurers' loss ratio rises to 84.7% through August
September 22 2026
The four largest non-life insurers reported a higher year-to-date motor insurance loss ratio despite an improvement in August performance.
South Korean insurers' solvency ratios edge lower in Q2
September 17 2026
The industry's K-ICS ratio eased to 215.2% after transitional measures, as higher available capital was offset by a rise in equity risk charges.
Korea’s FSS begins on-site inspections of KB Insurance and DB Insurance as disputes surge — report
September 10 2026
The regulator plans to inspect four life insurers and 10 non-life insurers through 30 October.
AM Best keeps DB Insurance at A+ after Fortegra purchase
July 17 2026
The acquisition could weigh on the South Korean insurer's capitalisation but should lift earnings, the ratings agency said.
DB Insurance sets May closing for US$1.65bn Fortegra acquisition
May 25 2026
The South Korean insurer moves closer to completing Fortegra acquisition, advancing its international expansion strategy in the US market.
DB Insurance clears South Korean regulatory hurdle in Fortegra acquisition
April 7 2026
Planned US$1.65bn acquisition of U.S. specialty insurer Fortegra by DB Insurance still awaits approval from American regulators.
South Korea motor insurers post steepest underwriting loss since 2019 as combined ratio hits 103.7%
March 27 2026
Motor insurers absorbed their worst underwriting result in six years as hospital treatment and vehicle repair cost inflation outpaced premium income.
South Korea’s FSS urges (re)insurers to strengthen risk management amid Middle East tensions
March 13 2026
The financial watchdog has also asked non-life (re)insurers if they have adequate war-risk reinsurance for marine coverage near the Strait of Hormuz.
South Korea’s non-life insurers to hike motor rates for first time in five years — report
January 16 2026
Financial authorities have accepted low single-digit rate hikes amid rising loss ratios.
Fortegra–DB Insurance merger gets Tiptree shareholder approval
December 4 2025
Shareholders have backed the sale of Fortegra to South Korea's DB Insurance, which would mark the first-ever acquisition of a U.S. insurer by a Korean non-life insurer.
S&P affirms DB Insurance's 'A+' ratings on strong capital buffers ahead of US$1.65bn Fortegra deal
October 3 2025
The Fortegra deal marks a key step in DB Insurance’s strategy to expand beyond Korea’s domestic P&C market.
Korea's DB Insurance to acquire U.S. specialty insurer Fortegra for US$1.65bn
September 26 2025
The deal is expected to be completed in mid-2026, pending regulatory and shareholder approvals.
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