South Korea’s five leading non-life insurers saw their auto insurance loss ratio surge to 88.5% in January, up 6.7 percentage points year-on-year, prompting premium hikes amid rising claims and costs.
#YonhapInfomax #AutoInsurance #LossRatio #SamsungFireAndMarine #PremiumIncrease #ClaimsGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106487
Auto Insurance Loss Ratio Rises to 88.5% in January—Up 6.7 Percentage Points Year-on-Year

South Korea’s five leading non-life insurers saw their auto insurance loss ratio surge to 88.5% in January, up 6.7 percentage points year-on-year, prompting premium hikes amid rising claims and costs.

Yonhap Infomax
South Korea's top non-life insurers saw their auto insurance loss ratio rise to 86.9% in 2025, up 3.7 percentage points year-on-year, as premium cuts and increased claims weighed on profitability.
#YonhapInfomax #AutoInsurance #LossRatio #SamsungFireAndMarine #PremiumIncrease #ClaimsGrowth #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101271
Auto Insurance Loss Ratio Rises to 86.9% in 2025—Up 3.7 Percentage Points Year-on-Year

South Korea's top non-life insurers saw their auto insurance loss ratio rise to 86.9% in 2025, up 3.7 percentage points year-on-year, as premium cuts and increased claims weighed on profitability.

Yonhap Infomax