Insurers' loan delinquency ratio rises in November
Seoul - Yonhap
The delinquency ratio of loans by South Korean insurance companies inched up in November from a month earlier mainly due to a rise in overdue corporate debts, the financial watchdog said Tuesday. The bad loan ratio of life and nonlife insurers stood at 0.72 percent in November, up 0.03 percentage point from the previous month, according to the Financial Supervisory Service (FSS).
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