News
Korea’s auto insurers raise premiums as loss ratios stay in red at 86%
2+ hour, 49+ min ago (210+ words) Insurers implemented auto insurance premium hikes last month due to accumulated losses, but the loss ratio is still in negative territory. According to the non-life insurance industry on the 24th, the auto insurance loss ratio of the five major non-life insurers'Samsung…...
FSS cracks down on insurers for false advertising that misleads consumers
2+ mon, 1+ week ago (27+ words) The Financial Supervisory Service decided to closely examine false and exaggerated advertising in future inspections to prevent the misselling of insurance products. It also considered that excessive ......
Auto insurance premiums rise 1.3–1.4% in South Korea
2+ mon, 1+ week ago (11+ words) Auto insurance premiums rise 1.31.4% in South Korea - CHOSUNBIZ'Chosunbiz...
MOLIT and FSS propose TACSS review for 8-week auto insurance disputes
2+ mon, 2+ week ago (13+ words) MOLIT and FSS propose TACSS review for 8-week auto insurance disputes - CHOSUNBIZ'Chosunbiz...
Korean insurers to raise auto premiums about 1.3–1.5% next year
2+ mon, 3+ week ago (13+ words) Korean insurers to raise auto premiums about 1.31.5% next year - CHOSUNBIZ'Chosunbiz...
Korean insurers seek growth through new car insurance comparison service 2.0
1+ year, 5+ day ago (21+ words) Korean insurers seek growth through new car insurance comparison service 2.0 Insurers aim to expand market presence with innovative digital strategy....