Yonhap Infomax NewsSouth Korea’s financial regulators will introduce US-style funds-withheld reinsurance to ease insurers’ capital requirements, with guidelines set for Q3 and regulatory revisions planned to boost market adoption.
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https://en.infomaxai.com/news/articleView.html?idxno=73764
Financial Regulators Set to Introduce ‘US-Style Funds-Withheld Reinsurance’—Guidelines Expected in Q3
South Korea’s financial regulators will introduce US-style funds-withheld reinsurance to ease insurers’ capital requirements, with guidelines set for Q3 and regulatory revisions planned to boost market adoption.