News Non-Life12 Sep 2024

Higher number of accidents causes 40% plunge in auto insurers' 1H net profit

| 12 Sep 2024

The combined net income of insurance companies that offer motor insurance reached KRW332.2bn ($248m) in the January-June period, down by 40.2% from KRW555.9bn for the corresponding period last year, according to the preliminary data from the Financial Supervisory Service (FSS).

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