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News Life and Health14 Apr 2023

South Korea:Kyobo Life shows sustained financial performance in 2022

| 14 Apr 2023

Kyobo Life Insurance's return on equity was about 6% for 2022, with a three-year average of 5%, notes Fitch Ratings. The insurer, which is South Korea's third biggest life insurer, continues to optimise its portfolio mix by emphasising the sale of more profitable protection-type policies.

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