Magazine date:
Mar 2015 South Korean insurers saw their net profits jump by 16.9% in 2014. Net result of life and non life companies was set at 5.6 billion KRW (5 billion USD) compared to 4.8 billion KRW (4.5 billion USD) a year earlier.
The performance of non life insurers, (+18.5%), was better than that of life insurance (+15.7%). This increase in net income has been mainly accounted for by the good behavior of companies’ financial investments.