Hyundai Marine & Fire Insurance saw its 2023 net profit plunge 45.6% to 561.1 billion won, missing estimates as auto insurance swung to a loss and long-term insurance profits tumbled amid rising claims and volatile weather.
#YonhapInfomax #HyundaiMarineAndFire #NetProfit #AutoInsurance #LongTermInsurance #KICSRatio #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=106302

S&P Global projects South Korea’s non-life insurers will see growth led by long-term insurance, but warns that competition and interest rate risks may pressure profitability and capital adequacy.
#YonhapInfomax #SPGlobal #NonLifeInsurers #LongTermInsurance #Profitability #DurationGapManagement #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=105523

DB Insurance Co. reported a 24% year-on-year drop in cumulative net profit for Q3 2025, as long-term and auto insurance segments underperformed, while investment income rose sharply.
#YonhapInfomax #DBInsurance #NetProfit #LongTermInsurance #AutoInsurance #InvestmentProfit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90899

Lotte Insurance Co. reported a 42% year-on-year jump in cumulative net profit to KRW 99 billion in Q3 2025, with its K-ICS solvency ratio rising to 141.6%, surpassing regulatory guidance, driven by strong long-term insurance sales and improved investment returns.
#YonhapInfomax #LotteInsurance #NetProfit #KICS #LongTermInsurance #InvestmentReturns #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89016

DB Insurance has signed an MOU with T3Q to jointly develop AI-powered automation for long-term insurance claims, marking an industry-first step in South Korea.
#YonhapInfomax #DBInsurance #T3Q #AIAutomation #LongTermInsurance #ClaimsProcessing #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=75735

DB Insurance Co., Ltd. secured first place in both long-term and auto insurance categories in the 2025 Korea Service Quality Index, highlighting its digital innovation and customer-focused services.
#YonhapInfomax #DBInsurance #KoreaServiceQualityIndex #LongTermInsurance #AutoInsurance #DigitalInnovation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=70750

DB Insurance reports 15.3% year-on-year increase in 2023 net profit to 1.7722 trillion won, driven by improved long-term insurance performance and strong investment yields
#YonhapInfomax #DBInsurance #NetProfit #LongTermInsurance #CSMMultiplier #InvestmentYield #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=51679

Samsung Fire & Marine Insurance reports record net profit of 2.0736 trillion won in 2024, up 14% year-on-year, driven by strong long-term insurance performance and improved investment yields.
#YonhapInfomax #SamsungFireMarine #NetProfit #InsuranceIndustry #LongTermInsurance #InvestmentYield #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=50544

#Economic #travesty that the #USA doesn't have better #longTermCare #elderCare for all. Families should NOT have to #goBroke for family members, especially those with #dementia and/or #physicalAilments, to be well taken care of.

#LongTermInsurance #Retirement #NursingHome #careForTheElderly #careForTheDisabled

Gifted @washingtonpost
article:
https://wapo.st/3ZX3Lct