Yonhap Infomax NewsSep 30
South Korean insurers are set to raise premiums next year as falling market rates drive down declared interest rates, impacting product pricing and solvency ratios.
#YonhapInfomax #DeclaredInterestRate #InsurancePremiums #FinancialSupervisoryService #MarketInterestRates #KICSRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
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Falling Market Rates Drive Down Declared Interest Rates—Will Insurance Premiums Rise Next Year?

South Korean insurers are set to raise premiums next year as falling market rates drive down declared interest rates, impacting product pricing and solvency ratios.

Yonhap Infomax