Hints and tips:
Related Special Reports
...“The role of reinsurance, particularly offshore reinsurance, is making [it] even harder to regulate an already opaque life insurance sector,” he added....
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...The country’s benchmark Kospi climbed 1.6 per cent, with Histeel — a steel pipe manufacturing company — leading gains....
...The company intends to begin mass production in the state by the second half of 2028....
...Samsung added 5.8 per cent after Nvidia’s chief executive Jensen Huang said they were testing the company’s high-bandwidth memory chips....
...The company eventually put a quarter of its customer premiums into various private asset classes including middle market corporate loans and vehicles that bought single-family homes....
...The country’s benchmark Kospi rose 1.2 per cent on Monday, with semiconductor company Uniquest’s shares surging 20 per cent....
...But the South Korean companies with the highest 2022 revenues of all in the FT ranking were property developer Rsquare, with $142.5mn, and ecommerce platform Ably, with $138mn....
...Officials also worry that South Korea is at risk of losing its historic technological edge over China in a range of areas, in part because of a campaign by Chinese companies to accumulate South Korean expertise...
...Reinsurance prices have surged over the past 18 months, squeezing insurers and their customers....
...and reinsurance recovers....
...hackers use AI for more sophisticated scams State the number of hacking attempts made against South Korean companies and public bodies last year Outline how generative AI is being used to make more credible...
...South Korean stocks fell on Monday ahead of a court ruling related to Samsung, the nation’s largest company by market capitalisation....
...“By declining to implement long-term solutions, the company . . . is stifling its ability to deliver value to all stakeholders, including pensioners and Korean society at large.”...
...Oddly, it is not — yet — for the reinsurance industry. Insured losses of $108bn for 2023 were broadly in line with the five-year average....
...South Korean companies have already committed to investing tens of billions of dollars in advanced technology facilities in the US in order to take advantage of expansive subsidies for semiconductor and...
...It was a snub to its main supplier, South Korean compatriot SK On, with the Chinese battery king unveiling a new product touted as giving electric vehicles a range of 600km off a 10-minute charge....
...of the Inflation Reduction Act, the Biden administration’s landmark climate legislation Korean companies are central to US efforts to spur adoption of electric vehicles....
...She proposed a range of solutions including tightening building rules, creating national and EU-wide schemes to share risks, and drawing more deeply on reinsurance markets....
...Third, a repricing of climate risks has led to a sharp rise in the cost of property catastrophe reinsurance — or insurance for insurance companies....
...An industry-wide reinsurance scheme known as Flood Re provides coverage for residential properties, but this has not been extended to businesses despite repeated calls from the insurance sector since its...
...Microsoft on Friday overtook its old rival Apple as the world’s most valuable public company, as Wall Street fretted about the outlook for iPhone sales in China....
...Creditors of South Korean builder Taeyoung Engineering & Construction have approved a debt restructuring plan, as the country’s financial sector wrestles with high interest rates and a property market downturn...
...“We have not really seen a willingness on the part of the reinsurance community to step back down,” said David Priebe, president of reinsurance broker Guy Carpenter....
...Korean construction group Booyoung is offering workers a $75,000 bonus for each baby they produce, one of many eye-catching incentives on offer as politicians and companies grapple with the country’s demographic...
International Edition