Korean insurers look to private markets as new regulations take hold

Insurers in Korea are adapting to new regulatory standards and finding the most attractive investments in private markets, or alternatives, following the International Financial Reporting Standards 17 (IFRS 17) framework for risk-based capital (RBC), delegates heard at AsianInvestor’s 16th Institutional Investment Forum Korea in Seoul.  Han Woong Hyundai Fire and Marine “We have been paying attention to the continuous RBC development for several years, but it has under…