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The Korea Times
koreatimes. co. kr > amp > business > banking-finance > 20/26/0420 > insurers-warn-of-weak-oversight-rising-costs-in-govt-premium-discount-plan-tied-to-driving-restrictions

Insurers warn of weak oversight, rising costs in gov't premium discount plan tied to driving restrictions

2+ day, 2+ hour ago  (616+ words) The parking lot of an apartment complex in Seoul's Songpa District is filled with cars, April 8, the day the government's odd-even vehicle rotation system took effect for public sector employees to ease energy supply strains triggered by the U. S. -Iran conflict....

The Korea Times
koreatimes. co. kr > amp > business > banking-finance > 20/25/1231 > insurance-industry-faces-muted-outlook-despite-premium-hikes-in-2026

Insurance industry faces muted outlook despite premium hikes in 2026

3+ mon, 3+ week ago  (515+ words) Although premium hikes for auto insurance and indemnity health insurance are set for 2026, the insurance sector remains pessimistic as modest increases, combined with already elevated loss ratios, are unlikely to deliver a meaningful boost to its profitability, dampening expectations for…...