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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Sunday, September 27, 2026

South Korea

rga-inks-first-korean-cross-border-coreinsurance-deal-with-tongyang-life
RGA inks first Korean cross border coinsurance deal with Tongyang Life
July 2 2024
Building on agreements in Japan this year, RGA signs a 200bn Korean won (US$145m) deal with Tongyang Life.
uncertainty-surrounds-lotte-insurance-sale-following-woori-withdrawl
Uncertainty surrounds Lotte Insurance sale following Woori withdrawl
June 30 2024
Lotte Insurance's stock dives, with financial conglomerate's bid withdrawal considered a major setback.
woori-to-acquire-tongyang-and-abl-life-from-chinas-dajia-insurance-group-report
Woori to acquire Tongyang and ABL Life from China's Dajia Insurance Group - report
June 27 2024
US$2.2bn deal would see South Korean financial conglomerate pull out of other proposed acquisitions, including Lotte Insurance.
korea-finance-for-constructions-rating-affirmed-as-insurer-eyes-overseas-expansion
KFINCO's rating affirmed with Korean insurer pursuing overseas expansion
June 14 2024
Fitch affirms construction guarantee insurer's ratings, noting that limited geographic and business diversification has prompted it to explore expansion opportunities.
south-korean-motor-insurers-pay-claims-from-trash-balloons-despite-war-exclusions-report
South Korean insurers pay 'trash balloon' claims despite war exclusions - report
June 13 2024
Insurers are opting to cover motor damage, citing unusual circumstances and classifying North Korea's trash-filled balloons as "falling objects".
seadrif-engages-gallagher-re-for-reinsurance-broking-and-risk-advisory-services
SEADRIF engages Gallagher Re for reinsurance broking and risk advisory services
June 5 2024
SEADRIF says it appointed the reinsurance broker to help enhance its climate and disaster risk finance capabilities in the ASEAN+3 region.
guillaume-mirabaud-appointed-as-ceo-of-axa-thailand-general-insurance
Guillaume Mirabaud appointed as CEO of AXA Thailand General Insurance
June 5 2024
Mirabaud to lead AXA Thailand General Insurance from June 2024, following his tenure as CEO at AXA Korea.
hans-vraken-appointed-ceo-of-axa-korea
Hans Vraken appointed CEO of AXA Korea
June 4 2024
Vraken brings extensive leadership experience from his previous roles at AXA including 4.5 years as President and CEO of AXA Direct Japan.
chubb-consolidates-korean-operations-under-lina-brand
Chubb consolidates Korean operations under Lina brand
June 1 2024
Chubb has consolidated its Korean GI, life, and telemarketing subsidiaries Korean under the unified Lina brand.
koreas-fss-uncovers-broker-led-insurance-fraud-ring
Korean regulator unearths broker-led insurance fraud ring
May 30 2024
Korean regulator and police uncover a 2.1bn won (US$1.5m) fraud operation involving brokers, hospitals, and fake patients.
paul-choi-named-ceo-of-starr-korea
Paul Choi named CEO of Starr's new Korea branch
May 17 2024
With 30 years industry experience, Choi will provide strategic leadership and oversee growth at the new branch.
south-korean-insurers-targetting-tailored-products-for-women-report
South Korean insurers targetting more tailored products for women - report
May 10 2024
Korean insurers are increasingly targeting female customers, responding to growth including higher insurance subscription rates among women.
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New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September