Yonhap Infomax NewsOct 19
South Korea’s financial authorities will gradually extend insurers’ ultimate observation maturity to 30 years over a decade, introducing duration gap regulation to mitigate interest rate risk and ease liability burdens amid falling long-term yields.
#YonhapInfomax #UltimateObservationMaturity #FinancialServicesCommission #DurationGap #InsuranceLiabilities #InterestRateRisk #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86164
Insurance Companies’ Ultimate Observation Maturity Extended to 30 Years Over a Decade—Duration Gap Regulation Introduced

South Korea’s financial authorities will gradually extend insurers’ ultimate observation maturity to 30 years over a decade, introducing duration gap regulation to mitigate interest rate risk and ease liability burdens amid falling long-term yields.

Yonhap Infomax
Yonhap Infomax NewsOct 16
South Korea's FSC will phase in the extension of insurers' ultimate observation maturity to 30 years by 2035, easing debt burdens and strengthening capital regulations, while introducing new prudential measures and supporting productive finance initiatives.
#YonhapInfomax #FinancialServicesCommission #Insurance #UltimateObservationMaturity #CapitalRegulation #ConsumerProtection #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85773
Extension of Ultimate Observation Maturity Deferred to Ease Debt Burden—Lee Eo-kwon Says 'Enhancing Insurers' Soundness'

South Korea's FSC will phase in the extension of insurers' ultimate observation maturity to 30 years by 2035, easing debt burdens and strengthening capital regulations, while introducing new prudential measures and supporting productive finance initiatives.

Yonhap Infomax