South Korean car insurance premiums are set to decrease by 3% as part of President Yoon Suk Yeol's economic initiative to support SMEs and low-income individuals.
Insurtech firm bolttech has partnered with South Korean electronics retailer LOTTE HIMART to provide an embedded home appliance ‘switching’ service.
Customers have the option to buy the coverage...
Volante continues its expansion in Asia with the appointment of seasoned reinsurance professional Liu Song, who be responsible for Treaty in Southeast Asia, Greater China, and South Korea.
Shinhan EZ General Insurance will enter Indonesia through a partnership with PasarPolis's Tap Insure, with an initial focus of servicing Korean firms that operate within Indonesia.
AM Best credits KB Insurance Co.'s improved underwriting profitability and robust operational performance as key factors behind reaffirming its A (Excellent) Financial Strength and "a" Long-Term Issuer...
Despite capital losses in 2022, global rating agency AM Best affirms ratings and maintains stable outlook for the government-designated surety underwriter for general contractors.
