News Non-Life20 Nov 2020

South Korea:Insurance industry needs to double profits to meet market expectations

20 Nov 2020

The Korean insurance industry's profit needs to reach at least KRW10tn ($9bn) to meet market expectations with interest rates remaining low. However, the combined profit of the industry was around half of this, standing at KRW5tn, according to the Korea Insurance Research Institute (KIRI).

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