News Non-Life09 Dec 2020

South Korea:NongHyup P&C's profits jump in 1H2020

| 09 Dec 2020

NongHyup Property and Casualty Insurance (NH P&C) has posted net profit of KRW42bn ($38.7m) for the first half of 2020, from KRW6bn for the corresponding half of 2019, driven by improved claims experience in the long-term and government policy insurance lines, as well as a normalised expense ratio, notes AM Best.

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