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Insurance Firms Compete in Children’s Insurance Market

Insurance Firms Compete in Children’s Insurance Market

SEOUL, Aug. 4 (Korea Bizwire) — Insurance companies in South Korea are increasingly competing over children’s insurance plans. About 60 percent of the children’s insurance market, currently sized at 4 trillion won (US$3.05 billion), is dominated by non-life insurer Hyundai Marine & Fire Insurance Co., industry sources said. As of May, the company has sold [...]

Only 4 in 10 Children from Multicultural Households Enter University: Survey

Only 4 in 10 Children from Multicultural Households Enter University: Survey

SEOUL, June 28 (Korea Bizwire) — Only 40 percent of teenagers from multicultural families enroll in university, raising concerns that they are falling into the ‘low-education’ trap, a survey showed Monday. The Ministry of Gender and Equality conducted a nationwide survey of 15,000 multicultural households, in which only 40.5 percent of teenagers (age 9 to [...]

More Children Quit Elementary and Middle School to ‘Learn What They Like’

More Children Quit Elementary and Middle School to ‘Learn What They Like’

SEOUL, May 18 (Korea Bizwire) — The percentage of students quitting high school has dropped over the last three years but more students have quit elementary and middle schools, a survey showed Tuesday. The Ministry of Gender and Equality said 56.9 percent of teenagers who have dropped out of public school either by quitting, refusing to [...]

S. Korean Society Forces ‘Silence’ on Children at Cultural Institutions

S. Korean Society Forces ‘Silence’ on Children at Cultural Institutions

SEOUL, May 5 (Korea Bizwire) — As South Korea celebrates the centennial anniversary of Children’s Day, heightening concerns allude to stricter standards that are being forced upon children in the cultural sphere, including movie theaters and concert halls. Parents complain that it is too much to disallow children from making noise at movie theaters, especially [...]