Insurers' capital adequacy ratio up in Q1 (opens original article in a new tab)

South Korean insurers' capital adequacy ratio rose in Q1 2023 due to increased available and required capital, with life and nonlife insurers showing respective increases of 1.8 and 7.8 percentage points.

• South Korea's insurance companies' capital adequacy ratio increased to 216.1% in Q1 2023 from 212.3% in Q4 2022.
• Available capital rose 26.9 trillion won and required capital increased 10.1 trillion won in Q1 2023.
• Life insurers' ratio increased 1.8 percentage points to 207.7% while nonlife insurers' ratio rose 7.8 percentage points to 229.7%.