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S. Korean Non-life Insurers’ Combined Net Profit Falls 39.5 pct in 2019

S. Korean Non-life Insurers’ Combined Net Profit Falls 39.5 pct in 2019

SEOUL, Feb. 16 (Korea Bizwire) — Major non-life insurance firms in South Korea saw their combined net profit fall 39.5 percent last year due to increased losses from their automobile and health insurance segments, industry data showed Sunday. The top eight non-life insurance firms operating in the country reported a combined net profit of 1.75 [...]