Country Profile I – South Korea - Still a dynamic market
Source: Asia Insurance Review | Mar 2012
Although the FSS says it has a cautious outlook for the industry, 2011 figures and those forecasted for 2012 look good. But there are bigger risks and challenges that demand creative strategic responses. The life sector is looking to be a dependable partner, while the non-life sector has a grand vision to be more socially responsible. And Korean Re, as the country’s sole reinsurer, is aiming to be on top of the world.
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