News Life and Health21 Jun 2018

South Korea:1Q2018 premiums of insurers slide by 8.7%

21 Jun 2018

The combined premiums at life insurance companies in South Korea fell by 8.7% year on year in the first quarter of this year, according to data released by the Financial Supervisory Service.

Life insurers saw their combined premiums fall to KRW26.1 trillion ($23.5 billion) from January to March, down by KRW2.4 trillion from a year earlier, according to data by the Financial Supervisory Service.

In particular, their premiums from savings insurance products plunged by 60.8% year on year to KRW1.6 trillion for the quarter, the data show.


| Print | Share

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.


Recent Comments

There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.

Other News

Follow Asia Insurance Review