News Life and Health27 Mar 2019

South Korea:Hike in retirement age expected to lead to higher motor premiums

27 Mar 2019

South Korea's top court, the Supreme Court, has ruled that the maximum working age of a manual worker should be increased from the current 60 to 65, a move that may lead to an increase in the country's retirement age. A higher retirement age will lead non-life insurers to raise motor premiums.

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