South Korea insurers to continue to feel pressure due to new standards: AM Best

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Reinsurance News - Feb 27, 2024

Capital management of South Korea insurers are expected to continue to feel pressured due to the implementation of new standards, such as Korean-Insurance Capital Standards (K-ICS) and IFRS 17, according to a recent report by AM Best. The agency’s report revealed that the implementation of more stri...

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