South Korea

aia-collaborates-with-blackrock-and-bny-to-strengthen-investment-platform

AIA Korea, Kakao Healthcare sign MOU for digital health collaboration

March 17 2025

Partnership aims to integrate AI-driven healthcare solutions to enhance personalised health management and chronic disease prevention in South Korea.

singapore-ranks-fourth-globally-in-cyber-resilience-fm

Singapore ranks fourth globally for cyber in resilience index

March 17 2025

FM's risk assessment of 130 countries also shows Singapore ranks third for climate risk quality.

kdic-recovers-us124-4m-via-seoul-guarantee-insurance-ipo

Seoul Guarantee Insurance shares rise over 20% on Kospi debut as KDI recovers US$124m from IPO

March 14 2025

SGI’s stock surged, driven by investor interest in its dividend policy and long-term shareholder return commitments.

south-korea-to-introduce-mandatory-core-capital-ratio-for-insurers-report

South Korea to mandate core capital ratio for insurers: Report

March 14 2025

New thresholds for core capital and solvency ratios are expected to be confirmed by mid-year.

MG Non-Life Insurance faces possible liquidation as Meritz withdraws takeover bid

March 13 2025

The KDIC will seek buyers again, but a sale remains unlikely after five failed attempts.

South Korea's FSC to ease capital adequacy requirements for insurers: Report

March 13 2025

Regulator plans to provide insurers with greater flexibility in capital management.

south-korea-identifies-krw1-15-trillion-in-insurance-fraud-cases-in-2024

South Korea identifies US$790m in insurance fraud cases in 2024

March 11 2025

The FSS plans stricter oversight, awareness campaigns, and collaboration with authorities to combat evolving fraud schemes.

Kyobo Life's ROE rises to 9% as of Q3 2024: Fitch

March 7 2025

Ratings affirmed with Korean insurer focusing on protection-type policies.

Hyundai Engineering likely to face "limited" financial impact from Seoul-Sejong Expressway collapse

February 27 2025

A fatal expressway collapse near Cheonan killed four workers, injured six and halted work on three other projects.

APAC motor insurance market to top US$300bn by 2029, GlobalData forecasts

February 21 2025

China, Japan, Australia, South Korea, and India to be key drivers of growth in the region.

Seoul Guarantee Insurance revises IPO strategy with focus on shareholder returns

February 20 2025

SGI revamps IPO strategy with lower price range and enhanced shareholder returns after withdrawing its initial attempt in 2023.

South Korea issues US$69.5bn in trade insurance support for exporters amidst US tariff threat

February 20 2025

Seoul rolls out massive trade insurance package to shield SME exporters from potential US tariffs and market volatility as it bolsters export competitiveness.

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