Financial Regulator Tightens Capital Rules for Insurers, Raising Core Capital Threshold

SEOUL, Jan. 13 (Korea Bizwire) – The country’s financial regulator said Tuesday that local insurers will have to maintain an enhanced capital ratio requirement starting in 2027, a move to beef up their capital quality. Under the measures unveiled by the Financial Services Commission (FSC), the ratio of core capital to required capital will be [...]