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Global insurance trends

GlobalData Offers South Korea Market Insights

20 March 2023 alastair walker 0

Some analysis of the South Korean insurance sector by GlobalData; The South Korean insurance industry is set to witness digital disruption as the implementation of the regulatory authority’s proposal to deregulate digital innovations will increase […]

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Opinion

Insurers Need to Define Point-of-Liability on Semi-Autonomous Cars

9 January 2023 alastair walker 0

Some thoughts on autonomous tech by the Editor; According to the local Yonhap News Agency the South Korean Transport Ministry is going to ease regulation on semi-autonomous cars next year, plus make some moves towards […]

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Global insurance trends

South Korea Snapshot From GlobalData

19 April 2022 alastair walker 0

South Korea’s life insurance industry is projected to grow at a compound annual growth rate (CAGR) of 2.8% from KRW116.6 trillion ($100.4bn) in 2021 to KRW133.7 trillion ($117bn) in 2026, in terms of direct written premiums (DWP), […]

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Global insurance trends

Looking Ahead To Property Cover Growth in 2022

26 December 2021 alastair walker 0

Latest from GlobalData; The property insurance industry in Asia-Pacific (APAC) is projected to grow from $85.8bn in 2020 to $137.5bn in 2025, in terms of written premiums, according to GlobalData, a leading data, and analytics […]

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Global insurance trends

Markets: Atradius Publishes Trade Credit Reports on China, India & More

13 July 2020 alastair walker 0

Leading trade credit insurer Atradius has published four new reports on the markets of China, India, Indonesia and South Korea. The country reports detail the impact of the coronavirus pandemic on each market with an overview of […]

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Global insurance trends

South Korea Market Snapshot

24 February 2020 alastair walker 0

A combination of factors including the country’s demographic crisis, a low-interest rate regime and slow economic growth are stifling the growth of South Korea’s life insurance industry, which registered a compound annual growth rate of […]

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News

Driverless: Hyundai Completes Successful Truck Trial on Smart Highway

14 November 2019 alastair walker 0

Hyundai Motor Company successfully conducted the company’s first platooning of trailer trucks on the Yeoju Smart Highway replicating real-world traffic conditions. Hyundai Motor conducted the trial using two trailer-connected Xcient trucks. Yeoju Smart Highway is […]

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