News Life and Health13 Jan 2021

South Korea:Insurers face key challenge as elderly population to double by 2040

| 13 Jan 2021

South Korea's aging population poses a key challenge to the country's insurers in coming decades, with the share of the population aged 65 or above set to double to 32% by 2040 from 16% in 2020, Moody's Investors Service says in a new report released yesterday.

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