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South Korean insurance majors eye Indian market

South Korean insurance majors eye Indian market

by AIP Online Bureau | Feb 6, 2026 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation

Samsung and Hyundai Marine & Fire are interested in potentially entering the non‑life insurance sector, the first source said, while Mirae Asset Financial Group is focusing on life insurance. Mumbai:After Korean Re, South Korean firms Samsung Fire & Marine...
South Korea’s Jeju Air crash insured by Samsung Fire & Marine and 4 others, reinsured by AXA XL

South Korea’s Jeju Air crash insured by Samsung Fire & Marine and 4 others, reinsured by AXA XL

by AIP Online Bureau | Dec 30, 2024 | International News, Non-Life, Reinsurance

The aviation insurance industry could be looking at a claim for about $15-$20 million under the airline hull insurance policy, and total passenger liability claims of $120-$180 million due to the crash, according to Marcos Alvarez, managing director of global...

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