FSS

woori-financial-weighs-full-tongyang-life-buyout-and-abl-merger-report

Regulatory scrutiny, shareholder objections delay Woori's Tongyang Life delisting plan — report

June 30 2026

Regulatory scrutiny and minority shareholder opposition are raising questions over valuation and deal fairness.

Close-up collage of a $100 bill with scattered South Korean won banknotes on top of it.

South Korea regulator urges insurers to curb FX risk amid rising volatility

June 10 2026

Korean insurers face heightened regulatory scrutiny on FX exposure and overseas assets, with the FSS signalling closer monitoring and stress testing as volatility persists.

South Korean insurers post higher profits in Q1 2026 as investment gains offset weaker underwriting

May 28 2026

The country's life insurers experienced adverse losses, offsetting premium growth, while non-lifers posted stable insurance income during the quarter.

korean-insurers-overseas-businesses-rebound-to-profit-in-2024

South Korean insurers’ overseas net income rises 23.8% in 2025 on acquisitions

May 8 2026

Life insurers drove the growth off the back of recent M&A, but non-life carriers saw net income fall 7.8% due to natural catastrophes.

south-koreas-top-insurers-set-first-motor-premium-increase-in-five-years-report

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 FSS slows discount rate rules to relieve solvency pressures for non-life insurers — AM Best

December 17 2025

The move to slow the cuts is a direct response to market conditions, according to AM Best.

korean-regulators-and-insurance-associations-sign-mou-to-tackle-rising-motor-insurance-fraud

Korean regulators and insurance association sign MOU to tackle rising motor insurance fraud

November 14 2025

The collaboration aims to share information and improve detection using traffic accident reconstruction programmes and CCTV footage analysis.

south-korean-insurers-net-profit-fell-by-15-in-1h25

South Korean insurers' net profit falls by 15% in H125

August 28 2025

The non-life sector saw a nearly 20% dip in net profits, while the life segment fell by 8.5% in the first half of 2025.

south-koreas-non-life-insurers-see-stable-growth-amid-growing-capital-strains-am-best

Regulatory changes and interest rate shifts test South Korea’s non-life insurers: AM Best

June 5 2025

Ratings agency maintains stable outlook for the sector, with long-term insurance and steady investment helping to offset changing capital pressures.

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