South Korea Life Insurance: Key Trends and Opportunities to 2029

South Korea Life Insurance: Key Trends and Opportunities to 2029

Summary

GlobalData’s 'South Korea Life Insurance: Key Trends and Opportunities to 2029’ report provides in-depth market analysis, information, and insights into South Korea's life insurance segment.

GlobalData’s ‘South Korea's Life Insurance: Key Trends and Opportunities to 2029’ report provides a detailed outlook by product category for South Korea's life insurance segment.

It provides values for key performance indicators such as gross written premium, penetration, and premium ceded and cession rates during the review period (2020-24) and forecast period (2025-29).

The report also analyzes distribution channels operating in the segment, gives a comprehensive overview of South Korea's economy and demographics, and provides detailed information on the competitive landscape in the country.

The report brings together GlobalData’s research, modeling and analysis expertise, giving insurers access to information on segment dynamics and competitive advantages, and profiles of insurers operating in South Korea's. The report also includes details of insurance regulations, and recent changes in the regulatory structure.

Key Highlights

• Key insights and dynamics of South Korea's life insurance segment.
• A comprehensive overview of South Korea's economy, government initiatives and investment opportunities.
• South Korea's insurance regulatory framework’s evolution, key facts, taxation regime, licensing and capital requirements.
• South Korea's life insurance segment's market structure giving details of lines of business.
• South Korea's life reinsurance business' market structure giving details of premium ceded along with cession rates.
• Distribution channels deployed by South Korea's life insurers.
• Details of the competitive landscape and competitors’ profiles.

Scope

This report provides a comprehensive analysis of the life insurance segment in South Korea -

• It provides historical values for South Korea's life insurance segment for the report’s 2020-24 review period, and projected figures for the 2025-29 forecast period.
• It profiles the top life insurance companies in South Korea and outlines the key regulations affecting them.

Reasons to Buy

• Make strategic business decisions using in-depth historical and forecast market data related to South Korea's life insurance segment.
• Understand the demand-side dynamics, key market trends, and growth opportunities in South Korea's life insurance segment.
• Assess the competitive dynamics in the life insurance segment.
• Identify growth opportunities and market dynamics in key product categories.