News Reinsurance28 Jun 2021

South Korea:Huge fire could lead to insurance claim of more than US$300m

28 Jun 2021

E-commerce company Coupang is expected to make an insurance claim of around KRW360bn ($319m) for losses arising from a massive fire at its logistics centre in Icheon on 17 June. However, insurers in Korea are not expected to see a big hit to their financial results from the incident.

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