South Korean insurers are ramping up their two-track strategy by strengthening both general agency and exclusive agent channels to boost sales of long-term protection-type insurance, aiming to drive Contractual Service Margin (CSM) growth amid regulatory changes.
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https://en.infomaxai.com/news/articleView.html?idxno=101640
#YonhapInfomax
#ProtectionInsurance #GeneralAgency #ExclusiveAgent #ContractualServiceMargin #IFRS17
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=101640

Protection-Focused Insurers Bolster 'Two-Track Strategy' with GA and Exclusive Channels
South Korean insurers are ramping up their two-track strategy by strengthening both general agency and exclusive agent channels to boost sales of long-term protection-type insurance, aiming to drive Contractual Service Margin (CSM) growth amid regulatory changes.