Hospitals, Concert Halls and Schools to Be Required to Purchase Catastrophe Insurance

SEOUL, Oct. 28 (Korea Bizwire) – Operators of infrastructures such as bridges, tunnels, railroads and subways as well as establishments hosting a number of people including hospitals, multipurpose venues and educational institutes should buy disaster insurance policies, most of which are currently in an insurance blind spot. The Financial Services Commission announced on October 27 that [...]