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Wednesday, July 29, 2026
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South Korea
South Korea’s financial regulator completes review of MG Life, set to announce measures: Report
May 8 2025
Planned action will address the insurer’s failure to meet the minimum regulatory capital ratio.
Korean insurers' overseas businesses rebound to profit in 2024
May 7 2025
The turnaround was driven mainly by stronger non-life insurance results and improved performance in the United States.
Woori Financial receives conditional regulatory approval to acquire Tongyang Life, ABL Life
May 5 2025
Decision follows months of review and includes oversight to ensure Woori implements internal reform and capital plans.
South Korea's Hanwha General Insurance increases stake in Carrot to 98.3%
May 1 2025
Hanwha increases its stake in the digital non-life insurer from 88.3% with KRW 205.6bn (US$144.43m) share acquisition.
Diversification by Asia’s insurers improves capital buffers under S&P's revised risk-based model
May 1 2025
The rating agency’s new risk-based capital model has granted more weight to portfolio diversification, with Asia’s insurers benefiting most.
Korean regulator to set lower insurance capital adequacy ratio at 130%: Report
April 30 2025
FSC says it plans to finalise changes to the Korean Insurance Capital Standard by September.
FSS looks to boost South Korea's lagging insurance retention
April 24 2025
Country's five-year retention rate is considerably lower than some global peers.
South Korea motor insurance poised for strong growth but profitability headwinds loom: GlobalData
April 23 2025
Insurers brace for rising loss ratios despite premium hikes and EV-driven expansion through 2029.
SBI to increase Kyobo Life stake, crossing 20% threshold: Report
April 17 2025
Following the transaction the company will be the insurer’s largest shareholder aside from its chairman.
APAC insurance capital rules boost demand for structured solutions
April 17 2025
Reinsurance is playing an increasingly important role in optimising capital as part of strategic balance sheet management.
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