Tag : South Korea Insurers

Best’s Special Report: N
Finance Fintech News

Best’s Special Report: New Standard Continues to Pressure South Korea Insurers’ Capital Management

Business Wire
The Best’s Special Report, titled “Implementation of K-ICS Continues to Pressure South Korean Insurers’ Capital Management,” notes that the magnitude of the decline in the industry’s average solvency ratio was smaller than initially expected. The implementation of more stringent risk measurement under the Korean-Insurance Capital Standards (K-ICS) a year ago......
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