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Wednesday, July 29, 2026
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South Korea
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.
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.
Samsung Life applies for regulatory approval to make Samsung Fire & Marine a subsidiary
February 14 2025
Korean insurer says plan aligns with non-life arm's strategy to enhance shareholder value.
Hanwha General Insurance dismisses reports of Carrot Insurance sale
February 13 2025
Carrot has faced financial pressures in recent years.
BDIC to roll out crypto insurance platform across APAC
February 12 2025
Decentralised crypto insurer sets sights on Q2 launch in Hong Kong, Singapore, Japan, Taiwan, and South Korea.
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