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Government & Regulation
South Korea Insurance Industry – Governance, Risk and Compliance
South Korea Insurance Industry Report Overview The South Korea insurance industry is regulated mainly by the Financial Services Commission (FSC) and Financial Supervisory Service (FSS). Other bodies that oversee the industry are IAIS, Korea Life Insurance Association (KLIA), and the General Insurance Association of Korea (GIAK). The South Korea insurance industry research report provides a detailed analysis of the insurance regulations for life, property, motor, liability, personal accident, health, and marine, aviation, and transit insurance. The report specifies various requirements...