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Oct 2024

South Korean life rebounds with IFRS17 and K-ICS

Source: Asia Insurance Review | Jun 2024

According to Korean Re, the life insurance market is expected to recover in South Korea in 2024, after declining at a rapid rate in 2023. Premium income is forecast to grow by 0.6% to KRW120tn ($88.7bn) in 2024.
 

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