ME conflict:Regulator assesses marine risk exposure of Korean insurance sector

By MEIR team | 16 Mar 2026

The size of Korea's exposure to marine insurance risk has been estimated at around KRW1.7tn ($1.14tn), according to data submitted by the Financial Supervisory Service (FSS) to a legislator, amidst concern arising from the closure of the Strait of Hormuz as a result of the Middle East war.

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