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Jun 2025

Regulators supercharge insurance market growth in rapidly ageing society

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Source: Asia Insurance Review | Jun 2025

Increased life expectancy, declining birth rates and a super-aged population have coalesced into a serious issue in South Korea. Authorities are addressing the situation through regulations and measures to extend high-coverage indemnity insurance, curbing non-essential medical treatment, expand long-term care insurance for the elderly and revamping pension plans.
 

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