FSS Governor Lee Chan-jin urged insurance CEOs to prioritize consumer protection, ensure sound business practices, and proactively prepare for regulatory reforms amid upcoming commission structure changes and market volatility.
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https://en.infomaxai.com/news/articleView.html?idxno=107029
Financial authorities propose insurance commission reform to address unsound practices and enhance industry trust, facing strong opposition from insurance sector concerned about income reduction and market contraction.
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https://en.infomaxai.com/news/articleView.html?idxno=56379
Financial Authorities Call for Insurance Commission Reform, Industry Pushes Back (Comprehensive)

Financial authorities propose insurance commission reform to address unsound practices and enhance industry trust, facing strong opposition from insurance sector concerned about income reduction and market contraction.

Yonhap Infomax