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Tuesday, September 29, 2026
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South Korea
Samsung Life secures approval to incorporate Samsung Fire & Marine as subsidiary: Report
March 20 2025
Both insurers say transition will not impact their governance, operations, or financial stability.
Woori’s insurance acquisitions likely to proceed despite FSS rating downgrade: Report
March 19 2025
The FSS has downgraded Woori’s management rating from Grade 2 to Grade 3.
Climate risks could cost South Korean banks and insurers up to US$31bn: Bank of Korea
March 18 2025
Stress test indicates up to KRW45.7 trillion in combined losses by century's end without climate change policies.
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 for cyber in resilience index
March 17 2025
FM's risk assessment of 130 countries also shows Singapore ranks third for climate risk quality.
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 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 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.
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