South Korean insurers’ capital ratio rises in first quarter
Seoul - QNA
South Korean insurance companies’ capital ratio rebounded in the first quarter of the year from three months earlier on an increase in reserves and bond yields amid lower interest rates, South Korea’s News (Yonhap) reported. The risk-based capital (RBC) ratio of 56 life and nonlife insurers averaged 283.3 percent at the end of March, up 5 percentage points from the previous quarter, according to the Financial Supervisory Service (FSS).
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