Big overall fall in net income for Korean insurance industry in first-quarter 2022

But non-life sector saw 25.4% increase in net income and 5.1% growth in premiums

Tony DowdingJuly 27, 2022

Korean insurance companies reported a 21.2% year-on-year decline in net income for the first quarter of 2022 to KRW3,051bn, according to Korean Re. However, the decline was down to a big fall in net income for life insurers, ...

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Tony DowdingJuly 27, 2022
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