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Jul 2025

Country Profile - South Korea: Life Sector Soaks in the Good Times

Source: Asia Insurance Review | Oct 2008

The long-time dominance of chaebol insurers, fierce competition, years of robust performance, and relatively high penetration rate may seem to have brought the South Korean life market to a dead end. Our Journalist, Ms Manuelita Contreras, finds out, however, that the sector has found new ways and opportunities to keep its growth and buoyancy going.

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