The Empire Life Insurance Company has reported a drop in Q4 2025 profit as higher non-insurance expenses offset stronger ...
The net profit of insurance companies through the third quarter of this year remained in the 10 trillion won range, showing a decrease of over 15% compared to the same period last year. This is due to ...
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Insurers pivot to investments amid profit decline
Insurance companies are facing a lean period as losses accumulate in major products such as auto and health insurance, and new subscribers decline, leading to reduced insurance sales profits. Insurers ...
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