News Non-Life07 Dec 2021

South Korea:Meritz Fire & Marine's realigned channel strategy stabilises expense ratio

| 07 Dec 2021

The operating performance of Meritz Fire & Marine Insurance, one of South Korea's biggest general insurers, is underpinned by its relatively low loss ratio compared with domestic peers and strong investment performance that helped the company consistently produce double-digit return on equity in each of the past five years with an average of 15.5% (2016-2020), notes AM Best.

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