Korean Insurance Capital Standard to have limited impact: Fitch Ratings
Reinsurance News - Aug 26, 2022
Fitch Ratings has said that the implementation of the Korean Insurance Capital Standard (K-ICS) starting 2023 is likely to have a limited impact on insurers’ ratings, although the new capital regime, together with IFRS 17, will squeeze their capital buffers. The K-ICS comes into force from the begin...
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