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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Tuesday, September 29, 2026

South Korea

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.
kb-sonbo-insurance-unveils-inde
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.
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-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.
south-korea-posts-25-fall-in-commercial-insurance-rates-as-asia-wide-softening-persists
South Korea's commercial insurance rates fall 25% in Q2 as softening trend continues across Asia
August 5 2025
Intense competition drives broader coverage and more favourable terms amid falling premiums across the region.
sampp-sees-stable-profitability-for-korean-re-despite-growing-nat-cat-risks
Korean Re gets S&P ratings upgrade on stable profitability and growth outlook
July 30 2025
S&P cited Korean Re’s strong underwriting results and enhanced capital adequacy under K-IFRS 17 as contributing factors.
am-best-affirms-hanwha-general-insurances-financial-strength-long-term-issuer-ratings-amid-regulatory-shift
AM Best anticipates growth for Hanwha General Insurance via affiliated agent partners
July 28 2025
AM Best affirmed insurer's ratings, citing a strong balance sheet and stable operating results.
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.
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New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September