The Life Insurance Association of Korea has restructured its organization to bolster consumer protection, introducing a self-regulatory division and dedicated complaint services team to address market changes and enhance service accessibility.
#YonhapInfomax #LifeInsuranceAssociation #ConsumerProtection #SelfRegulation #ComplaintServices #OrganizationalRestructuring #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=97458

The Life Insurance Association of Korea has honored 1,000 'Golden Fellows'—top life insurance planners with an average 24.5 years of service and a 98% policy retention rate—highlighting their key role in strengthening South Korea’s insurance sector.
#YonhapInfomax #LifeInsuranceAssociation #GoldenFellow #PolicyRetention #AnnualIncome #InsurancePlanners #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78932

Life Insurance Association plans system improvements to address financial soundness issues arising from IFRS17, focusing on KICS ratio, surrender value reserves, and discount rates to support insurers' stability amid challenging market conditions.
#YonhapInfomax #LifeInsuranceAssociation #IFRS17 #KICSRatio #FinancialSoundness #SystemImprovements #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50587