Yonhap Infomax NewsDec 24
South Korea’s auto insurance loss ratio climbed to 92.1% in November, driven by four years of premium cuts and rising claims, signaling mounting pressure on insurers’ profitability.
#YonhapInfomax #AutoInsurance #LossRatio #SamsungFireMarine #PremiumCuts #ClaimsIncrease #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97077
Auto Insurance Loss Ratio Rises to 92.1% in November—Driven by Cumulative Premium Cuts and Higher Claims

South Korea’s auto insurance loss ratio climbed to 92.1% in November, driven by four years of premium cuts and rising claims, signaling mounting pressure on insurers’ profitability.

Yonhap Infomax
Yonhap Infomax NewsJun 24, 2025
South Korea’s major non-life insurers saw their auto insurance loss ratio rise to 81.6% in May, driven by premium cuts and rising repair costs, with further increases expected amid seasonal risks.
#YonhapInfomax #AutoInsurance #LossRatio #NonLifeInsurers #PremiumCuts #RepairCosts #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=69065
Auto Insurance Loss Ratio Rises to 81.6% in May—Premium Cuts and Cost Pressures Persist

South Korea’s major non-life insurers saw their auto insurance loss ratio rise to 81.6% in May, driven by premium cuts and rising repair costs, with further increases expected amid seasonal risks.

Yonhap Infomax