KB Insurance

Korea’s FSS begins on-site inspections of KB and DB Insurance as disputes surge – report

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.

City skyline with translucent multicolored area charts overlaid to illustrate urban data trends and growth.

KB Insurance Indonesia eyes KIA and affiliate growth after 2025 underwriting decline: AM Best

August 17 2026

The insurer registered a 102.5% combined ratio in 2025, though AM Best expects growth in Korea Interests Abroad and affiliate business to support future results.

Rear view of an elderly person in a wheelchair in a room lined with multiple wheelchairs, likely a care facility lounge.

KIRI urges reforms to help insurers develop Korea's mid-priced long-term care market

July 13 2026

Separating facility ownership from operations and linking insurance products with care services could help insurers develop Korea's mid-priced long-term care market, KIRI said.

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 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.

KB Insurance strengthens digital channel focus as AM Best affirms ratings

November 4 2025

The insurer’s effort to grow its online auto business comes as it maintains strong capitalisation and stable earnings in a soft domestic market.

KB Insurance launches market-first index-based weather insurance in South Korea: Report

September 15 2025

The parametric product covers heavy rainfall, cold waves, and heatwaves.

south-koreas-fsc-suspends-mg-non-life-ops-transfers-contracts-to-bridge-insurer

MG Non-Life contracts transferred to bridge insurer

September 5 2025

Around 1.22m policyholders will retain coverage as contracts move from MG Non-Life to Yebyeol Insurance, pending transfer to other major insurers.

File photo: Seocho-gu, Seoul, South Korea - August 6, 2020: Flood of Han River at Banpo Han River Park against high rise apartments

Motor insurance under pressure as flood losses surpass US$21m in flood-battered South Korea

July 24 2025

Over 3,000 claims have been made to non-life insurers as of Monday, 21 July.

samsung-fire-marine-latest-insurer-to-reduce-motor-rates-amid-rising-cost-of-living

Samsung Fire & Marine follows other Korean insurers by reducing motor rates amid rising cost of living pressures

February 7 2024

Heeding call from the government, Samsung F&M spearheads 2.8% cut, with industry peers having already cut between 2.5% to 2.6%

South Korea's KB Insurance has ratings affirmed by AM Best

November 3 2023

AM Best credits KB Insurance Co.'s improved underwriting profitability and robust operational performance as key factors behind reaffirming its A (Excellent) Financial Strength and "a" Long-Term Issuer...

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25 September