Urgent.News

the world's headlines, one feed

Editions

More in Business

Insurer Sales Face Capital Hurdles

As major insurers including KDB Life Insurance, Lotte Non-Life Insurance, and Yebyeol Non-Life Insurance come to market in quick succession, the financial sector’s calculus surrounding potential…

  • New capital regulations require 50% K-ICS ratio starting next year.
  • Acquisition costs may exceed purchase price, hindering sales.
  • Multiple insurers face core capital deficits exceeding 350 billion won.