March 12, 2025

By Yonhap | March 12, 2025

Korea’s financial regulator said Wednesday it plans to ease capital adequacy requirements for insurance companies to help lessen their burdens and raise the quality of their capital base.Read More »Regulator to ease capital adequacy requirement for insurers

By Song Ki-young | Chosun Biz | March 12, 2025

Financial authorities are pursuing a plan to lower the solvency ratio (K-ICS) standard that insurance companies are required to maintain from the current 150% to a maximum of 130%.Read More »South Korea to lower K-ICS solvency ratio for insurance companies from 150% to 130%