South Korea’s big three general insurers post 50% profit jump
Insurers under pressure from government to lower premium rates, nevertheless post impressive results
Insurers under pressure from government to lower premium rates, nevertheless post impressive results
Firm follows competitors in lowering rates amid government pressure to reduce financial burden on policyholders
Higher interest rates and better market conditions cause of optimism among industry players
Drivers more at fault for accidents to pay higher motor insurance premiums
The country’s largest non-life insurer goes from stable to negative
Market’s largest general insurer has ratings dip from “stable” to “negative”
New government to intensify price control on insurance premiums that are “closely related to people’s livelihoods”
Insurers are coming up with policies to suit just about anyone’s needs, including golfers, pet owners, and hikers
Large credit risk remains but there are positives in the future