Insurers' solvency ratio down in Q4
Seoul - Yonhap
South Korean insurance companies' capital adequacy ratio dropped in the fourth quarter of last year from valuation losses in their asset investments, the financial watchdog said Tuesday. The so-called solvency margin ratio of 55 life and nonlife insurers averaged 278.4 percent at the end of December, down 7.1 percentage points from the previous quarter.
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