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AM BEST: NON-LIFE SECTOR OF SOUTH KOREA IMPROVES

Published On 18 May 2021 04:51 AM


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Highlights: 

  • The market segment analysis done by AM Best of South Korea has shown improvement in the non-life insurance industry.
  • Certain factors have been analyzed by AM Best such as underwriting performance, favorable auto loss ratio, increased long-term medical claims, etc. 
  • The non-life sector of South Korea has reported an expense ratio of 23.0% in 2019 from 19.0% in 2015,....


    Tags : non-life, South Korea, Pandemic, COVID-19, coronavirus,
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