Market concerns and domestic regulatory changes are prompting Korean insurers to change asset preferences.
Tag : kics
Two new frameworks are prompting South Korean insurance firms to rethink their investment priorities, industry experts tell AsianInvestor.
Unfortunate circumstances have fuelled a wait-and-see investment approach by Korean asset owners for the rest of the year, AsianInvestor learned while in Seoul. Still, asset managers would be wise to visit Korea in the near future.
The looming regulation on the classification of debt may prove unfavourable for distressed assets, but the Korean insurer remains unfazed.
Consolidation is trending in South Korea's life insurance sector, with industry players facing rising challenges amid prevailing low interest rates and looming new rules.
