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Emerging risks | Growth Opportunities | APAC Insurance

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Wednesday, July 29, 2026

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South Korea

wtw-and-solomon-agency-partner-on-north-american-exposure-of-south-korean-and-vietnamese-firms
South Korea life insurance market to grow 4.5% annually through 2030 on reforms, ageing population
September 29 2025
GlobalData estimates direct written premiums will expand to KRW234.3 trillion (US$167bn) in 2030.
korean-insurers-face-ifrs-17-pressure-from-interest-rate-cuts
Former Meritz Fire & Marine CEO, executives under investigation for alleged insider trading scheme: Reports
September 26 2025
The investigation focuses on alleged share purchases made just before major merger announcement in 2022.
korean-insurers-solvency-ratios-strengthen-in-q2
Korean Insurers’ solvency ratios strengthen in Q2
September 25 2025
Regulators' capital easing, stronger earnings, and bond sales lifted insurers’ solvency positions in the second quarter.
south-korean-insurers-capital-adequacy-ratio-rises-to-206-8-by-end-june-fsc-data-shows
South Korean insurers' capital adequacy ratio rises to 206.8% at end-June
September 22 2025
FSS data shows life insurers posted a solvency ratio of 200.9%, compared to 214.7% for non-life firms.
Allianz Trade appoints CEO for HK Hub
Allianz Trade names Hassan Omaish as CEO for Hong Kong Hub
September 16 2025
15-year company veteran to oversee Hong Kong, South Korea and Taiwan operations from October.
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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.
aon-names-bonjay-koo-as-enterprise-client-leader-for-south-korea
Aon names Bonjay Koo as Enterprise Client Leader for South Korea
September 1 2025
He joins the insurer following a five-year stint with Deloitte Consulting.
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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-financial-regulator-to-announce-measures-for-mg-life-report
South Korea's general insurance market to reach US$28bn by 2029, but motor pressures remain: GlobalData
August 25 2025
New liability insurance mandates and demographic shifts will drive 3.8% annual growth despite motor segment pressures from electric vehicle risks.
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The Inaugural Recognising excellence in Asia's insurance industry Find out more → Entries close
28 August