News Life and Health21 Mar 2024

South Korea:Top-three life insurer maintains strong capitalisation despite tougher risk framework

| 21 Mar 2024

The capital score of one of South Korea's three biggest life insurers, Kyobo Life Insurance, as measured by the Fitch Prism Model, is estimated to have been in the 'Strong' category at end-2023 under the IFRS17 and IFRS9 accounting standards, says Fitch Ratings.

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