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Korean insurers expected to increase their auto plan premiums by about 5 percent

Published On 13 Dec 2019 09:04 AM


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South Korean non-life insurers are rising their auto plan premiums by about 5 percent against snowballing losses from the auto insurance business.

THE insurance industry continues to be resilient, to generate growth worldwide and to sustain overall profitability despite global turmoil. According to industry sources on Sunday, seven non-life insurers – KB Insurance, Hyundai Marine & Fire Insurance, Samsung Fire & Marine ....


Tags : south korea, insurance, bank, asia, business,
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