Korean flooding losses to hamper non-life insurers’ earnings: Fitch

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Reinsurance News - Aug 16, 2022

A Fitch Ratings report has estimated insurance losses from the severe floods in South Korea will place pressure on the financial performance of the country’s non-life insurers. Industry estimates indicate that insurance claims from the flooding are likely to exceed KRW 150bn, or less than 0.2% of Ko...

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