GlobalData predicts 7% CAGR growth for South Korean reinsurance industry by 2026
Reinsurance News - Sep 29, 2022
GlobalData has predicted that the South Korean reinsurance industry will grow at a compound annual growth rate (CAGR) of 7.0% from KRW9.6tn ($8.4bn) in 2021 to KRW13.4tn ($11.9bn) in 2026, in terms of gross written premiums (GWP), supported by climate change and positive regulatory developments. The...
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