South Korea's Financial Supervisory Service has eased discount rate regulations to reduce solvency pressures on non-life insurers amid declining interest rates and IFRS 17 accounting challenges.
South Korea's Financial Supervisory Service relaxes discount rate regulations easing solvency pressures for non-life insurers under IFRS 17 and K-ICS standards, highlighting asset-liability management importance.
Hillhouse Investment Management is the preferred bidder for IGIS Asset Management, South Korea’s largest real estate asset manager, signaling key market shifts with major domestic and foreign contenders in final acquisition stage.
Hanwha Life Insurance's president advocates for deepened financial cooperation between South Korea and UAE, focusing on joint investments and digital finance innovation at Abu Dhabi Finance Week.
Comprehensive analysis of South Korea's life insurance market including regulatory changes, competitive landscape, distribution channels, and market growth forecasts through 2029.
South Korea introduces life insurance reforms allowing policyholders aged 55+ to access death benefits as retirement income, addressing elderly poverty and expanding senior care market opportunities.
