Most Popular
-
1
Now is no time to add pressure on businesses: top executives
-
2
CJ CheilJedang to spur overseas growth with new Hungary, US plants
-
3
Seoul to host winter festival from Dec. 13
-
4
Blackpink's solo journeys: Complementary paths, not competition
-
5
Nationwide rail disruptions feared as union plans strike from Dec. 5
-
6
Korean Air offers special flights for mileage users
-
7
N. Korea, Russia court softer image: From animal diplomacy to tourism
-
8
Smugglers caught disguising 230 tons of Chinese black beans as diesel exhaust fluid
-
9
[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg&u=20241121172748)
-
10
Russia sent 'anti-air' missiles to Pyongyang, Yoon's aide says
![[Today’s K-pop] Blackpink’s Jennie, Lisa invited to Coachella as solo acts](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/11/21/20241121050099_0.jpg&u=20241121172748)
Hyundai Life and Heungkuk Fire’s RBC ratios lowest in industry
By 최희석Published : Aug. 24, 2016 - 15:49
[THE INVESTOR] Hyundai Life Insurance and Heungkuk Fire & Marine Insurance have the lowest risk-based capital ratio among South Korean life and nonlife insurers, government data showed Aug. 24.
According to the Financial Supervisory Service, Hyundai Life’s RBC ratio came in at 179 percent at the end of June. Although the figure is 5.3 percentage points higher than that recorded at the end of March, it was the lowest among the 25 life insurance companies operating in Korea.
As for Heungkuk Fire and Marine, the RBC ratio came to 151.1 percent.
Under local regulations, insurance companies are required to maintain RBC ratios above 100 percent, and the FSS recommends a minimum ratio of 150 percent.
By Choi He-suk (cheesuk@heraldcorp.com)
According to the Financial Supervisory Service, Hyundai Life’s RBC ratio came in at 179 percent at the end of June. Although the figure is 5.3 percentage points higher than that recorded at the end of March, it was the lowest among the 25 life insurance companies operating in Korea.
As for Heungkuk Fire and Marine, the RBC ratio came to 151.1 percent.
Under local regulations, insurance companies are required to maintain RBC ratios above 100 percent, and the FSS recommends a minimum ratio of 150 percent.
By Choi He-suk (cheesuk@heraldcorp.com)
