#ExclusiveUsageRights

Yonhap Infomax Newsinfomaxkorea
2025-11-27

South Korea’s life insurers are intensifying competition for exclusive product sales rights as the maximum protection period is extended, with Hanwha Life Insurance leading the sector by securing six exclusive rights this year, far outpacing its rivals.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-19

South Korean insurers are accelerating applications for exclusive usage rights after the monopoly period was extended to 18 months, intensifying competition for innovative products amid a challenging market environment.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-11-05

Meritz Fire & Marine and Hyundai Marine & Fire secured three-month exclusive sales rights for new insurance products, intensifying competition in South Korea's non-life insurance sector as DB Insurance maintains its lead in exclusive approvals.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-11

Hana Insurance has secured a six-month exclusive right for a new insurance benefit offering in-home cognitive training to policyholders diagnosed with mild cognitive impairment, aiming to delay dementia progression and reduce social costs as South Korea’s elderly population grows.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-08-01

Heungkuk Fire & Marine Insurance and Shinhan Life Insurance are leading South Korea's race for exclusive insurance product rights in H2, introducing industry-first innovations and seeking regulatory extensions.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-07-10

South Korea’s non-life insurers are intensifying competition as the exclusive usage rights period for new products is set to be extended to up to 18 months, with 20 out of 23 applications approved in H1 and further growth expected in H2.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-05-30

South Korea's non-life insurers are aggressively securing exclusive usage rights for innovative products, widening the gap with life insurers, as DB Insurance leads the sector and regulatory changes are set to extend protection periods.



en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-05-08

Hanwha General Insurance, top exclusive rights holder in 2024, struggles to maintain momentum in 2025 as its latest application for auto insurance mileage reduction discount is rejected by industry committee.

en.infomaxai.com/news/articleV

Yonhap Infomax Newsinfomaxkorea
2025-03-24

Insurance companies in South Korea are differentiating themselves through exclusive usage rights and unique products, including specialized coverage for cancer outpatients and pet care, amid intense market competition.

en.infomaxai.com/news/articleV

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