South Korea – (Re)in Asia - Page 18

Emerging risks | Growth Opportunities | APAC Insurance

Wednesday, August 19, 2026

South Korea

chubb-launches-expanded-life-sciences-insurance-offering

Chubb launches expanded life sciences insurance offering

April 3 2025

The Premier Life Science policy provides coverage across multiple lines of business to life sciences companies in Singapore, Australia, Hong Kong, and Korea.

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South Korea wildfires to have limited impact on insurers' ratings, says S&P

April 3 2025

However, more extreme events this year could strain earnings and increase reinsurance costs, rating agency says.

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Aon estimates South Korean wildfire economic losses in the hundreds of millions of dollars

March 31 2025

Fires are ongoing but are already the most destructive in the country's history.

2025-03-SouthKoreaWildfires1

South Korea battles historic wildfire emergency

March 28 2025

Country facing its worst ever wildfire crisis, with over 20 fires causing 28 fatalities and displacing more than 37,000 residents since 21 March 2025.

south-koreas-proposed-capital-changes-could-spark-insurance-industry-consolidation

Mandatory core capital requirement could spark consolidation in South Korea's insurance industry

March 27 2025

Mid-sized and smaller insurers likely to face "significant challenges" meeting proposed capital change.

wongi-kim-to-succeed-andy-ryoo-as-allianz-trades-south-korea-country-manager

Wongi Kim to succeed Andy Ryoo as Allianz Trade's South Korea Country Manager

March 25 2025

Ryoo to step down after 22 years with the business.

aon-hires-esther-kim-as-director-treaty

Aon hires Esther Kim as Director, Treaty

March 21 2025

She moves to Aon from Swiss Re, where she served since 2022.

korean-guarantee-insurance-payouts-rise-as-economy-falters-report

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.

wooris-insurance-acquisitions-likely-to-proceed-despite-fss-rating-downgrade-report

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.

south-korean-financial-sector-faces-up-to-us31-49bn-in-climate-related-losses

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.

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