News Life and Health03 Sep 2024

South Korea:Life insurers see net income fall in 1H24, non-life insurers post double-digit increase

| 03 Sep 2024

Insurance companies in South Korea, comprising 22 life insurers and 31 non-life insurers, generated KRW9.37 ($7bn) in preliminary net income for the first half of 2024, up by KRW253.6bn or 2.8% from the corresponding period a year earlier, according to preliminary data released yesterday by the Financial Supervisory Service.

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