South Korea's financial regulators have lowered emergency risk reserve ratios for non-life insurers, aiming to boost dividend capacity and ease reserve burdens, with key ratios for auto, guarantee, and specialty insurance reduced and further regulatory reforms underway.
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https://en.infomaxai.com/news/articleView.html?idxno=92254
#YonhapInfomax
#EmergencyRiskReserve #NonLifeInsurers #DividendCapacity #FinancialSupervisoryService #ReserveRatio
#Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=92254
'Financial Authorities Lower Emergency Risk Reserve Ratios to Boost Dividend Capacity at Non-Life Insurers'
South Korea's financial regulators have lowered emergency risk reserve ratios for non-life insurers, aiming to boost dividend capacity and ease reserve burdens, with key ratios for auto, guarantee, and specialty insurance reduced and further regulatory reforms underway.