Generali Central Life's first year premiums surged 241% year-on-year, with newer and mid-sized insurers also posting triple-digit gains amid a strong November.
Ki Hyung Jo has joined as Korea market lead, with HDI to offer local clients access to insurer's existing product range and new specialty solutions, such as cover for K-pop events.
The moves extend coverage across four distinct catastrophe perils and transfer a defined share of its global casualty book to alternative capital partners via segregated Bermuda reinsurance cells.
The regulator advised insurers that sustained reductions in complaints would be critical as the industry seeks to grow while maintaining consumer trust.
