Regulator expands tax-deductible private health insurance scheme

Published on July 7, 2023
The National Administration of Financial Regulation (NAFR) has issued a notice extending tax incentives to more classes of commercial health insurance plans offered by life insurers.
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South Korea: Insurers' earnings expected to recover

July 7, 2023
South Korean insurers' earnings are expected to recover gradually as a result of a greater focus on value-added products, better investment returns, a less negative spread burden, and normalised

Insurance market shows robust growth of over 10% year-on-year in Jan-May 2023

July 7, 2023
The insurance sector saw premium income grow by 10.68% year-on-year in the first five months of 2023, according to data from the National Administration of Financial Regulation (NAFR).