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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Tuesday, September 29, 2026

South Korea

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.
lockton-korea-ceo-aims-to-double-sales-by-2028-through-organic-growth
Lockton Korea aiming to double sales by 2028 says CEO
May 10 2024
CEO Ben Son says business plans to double sales organically through focus on commercial risks including property, liability, and technology.
early-may-forecast-predicts-reduced-2024-typhoon-activity-for-northwest-pacific-region
Early May forecast predicts reduced 2024 typhoon activity for Northwest Pacific region
May 9 2024
TSR forecasts a potential 20% drop in 2024's Northwest Pacific typhoon activity compared with 30-year average.
hanwha-life-finalises-40-stake-acquisition-of-nobu-bank
Hanwha Life finalises 40% stake acquisition of Nobu Bank
May 7 2024
The acquisition, awaiting regulatory approval, will mark the first instance of a Korean insurer venturing into foreign banking.
hanwha-life-sets-sights-on-southeast-asia-with-strategic-stake-in-indonesias-nobu-bank
Hanwha Life sets sights on Southeast Asia with strategic stake in Indonesia's Nobu Bank
April 25 2024
If approved, Hanwha will set a precedent as the first Korean insurer to enter the overseas banking industry through 40% stake.
koreas-lotte-insurance-on-market-for-us1-5bn-and-drawing-global-interest-reports
Potential Lotte Insurance sale drawing interest, but US$1.5bn valuation faces scrutiny
April 23 2024
Stake acquisition of Korean insurer drawing local and international interest, but questions remain about valuation post-IFRS 17 implementation.
fitch-korean-insurers-well-positioned-to-withstand-overseas-cre-downturns
Fitch: Korean Insurers well positioned to withstand overseas CRE downturns
April 23 2024
Potential fluctuations in overseas commercial real estate investments expected to have minimal impact on credit ratings.
fitch-affirms-and-withdraws-ratings-for-kdb-life
Fitch affirms and then withdraws ratings for KDB Life
April 16 2024
KDB Life's ratings and negative outlook maintained, but Fitch said it had chosen to withdraw the ratings, citing commercial reasons.
samsung-fire-amp-marine-exits-bancassurance-business
Samsung Fire & Marine exits bancassurance business
April 6 2024
Insurer ends 21-year bancassurance operations amid sales decline, rising interest rates, and regulatory changes.
kdb-life-insurance-sales-process-halted-as-kdb-seeks-higher-valuation-report
KDB Life sales process halted as KDB seeks higher valuation - report
March 28 2024
The Korea Development Bank (KDB) will take full ownership of the life insurer, marking latest phase in ongoing sales saga.
seven-insurers-among-15-institutions-in-koreas-first-joint-climate-stress-test
Seven insurers among 15 institutions in Korea's first joint climate stress test
March 27 2024
The Bank of Korea and Financial Supervisory Service will conduct stress test, with findings used to steer country's low-carbon transition.
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New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September