News
Prolonged Middle East War. .. International Flight Fuel Surcharge Hits Record High at Stage 33
5+ day, 8+ hour ago (254+ words) Published 16 Apr. 2026 09: 51(KST) As the war in the Middle East drags on and high oil prices persist, the fuel surcharge for international flight tickets issued in May has risen to the highest level. According to the airline industry on April…...
GNNet Surpasses 20 Million Simplified Indemnity Insurance Claims
2+ week, 1+ day ago (253+ words) GNNet Surpasses 20 Million Simplified Indemnity Insurance Claims Published 06 Apr. 2026 10: 19(KST) 8. 74 Million Claims Processed in 2025 Alone GNNet, a provider of simplified claims services for indemnity insurance, announced on April 6 that the cumulative number of claims processed since the service launch in…...
Insurance Claims Said to Be Easier, but for Seniors It's a Maze-Like 'Adventure"
2+ week, 5+ day ago (334+ words) Published 02 Apr. 2026 09: 28(KST) Updated 02 Apr. 2026 09: 33(KST) Insurers explain that these systems serve as mere supplementary tools and that people still oversee the entire process. They also emphasize the additional measures put in place for seniors, such as larger font sizes,…...
[AI Insurance, the Dark Side of Innovation]AI Reaches Insurance Claim Reviews. .. A Test for Consumer Protection
2+ week, 5+ day ago (632+ words) Published 02 Apr. 2026 06: 30(KST) Expansion of Applications from OCR and NLP to Fraud Detection Office worker Mr. A recently had a frustrating experience after undergoing a non-reimbursable test (PP code) at an ophthalmology clinic in Seoul. While the insurance payout was…...
"Why Did My Pay Decrease?". .. April Health Insurance Adjustment Brings Mixed Fortunes for Salaried Workers
3+ week, 1+ day ago (211+ words) Published 30 Mar. 2026 09: 02(KST) Updated 30 Mar. 2026 13: 42(KST) Salaried workers are expected to see mixed results in their April paychecks. As the results of the year-end settlement for health insurance premiums are reflected, some employees will face additional premiums, while others will…...
Hanwha General Insurance Adds Legal Products and Services to Core Women's Health Insurance
3+ week, 2+ day ago (301+ words) Published 29 Mar. 2026 13: 00(KST) Hanwha General Insurance has further strengthened its competitiveness in the women's insurance market by acquiring exclusive usage rights for legal-related products and services. On March 29, Hanwha General Insurance announced that it has added newly developed legal coverage…...
Insurance Research Institute: "Future Profitability of Life Insurers Uncertain. .. Excessive Expansion of Protection-Type Insurance Should Be Avoided"
4+ week, 2+ day ago (667+ words) Published 22 Mar. 2026 12: 00(KST) It has been diagnosed that the inflow of premium income in the life insurance industry has stagnated, and the ability to secure future profitability has become uncertain due to a decline in the capital adequacy ratio (K-ICS),…...
Kyobo Life Insurance Receives Approval from Financial Services Commission to Acquire SBI Savings Bank
1+ mon, 3+ day ago (150+ words) Published 18 Mar. 2026 17: 33(KST) Kyobo Life Insurance has officially announced its entry into the savings bank business after receiving approval from financial authorities to acquire SBI Savings Bank. On March 18, Kyobo Life Insurance stated that it had obtained approval from the…...
Kyobo Life Insurance Acquires SBI Savings Bank. .. Signals Shift Toward 'Comprehensive Financial Group"
1+ mon, 3+ day ago (464+ words) Published 18 Mar. 2026 17: 20(KST) Kyobo Life Insurance has acquired SBI Savings Bank, the No. 1 savings bank in Korea. With this acquisition, Kyobo Life Insurance is expanding its business structure from a focus on insurance to the banking sector, paving the way…...
Pharmaceutical Industry Urges Joint Study on Drug Price Cuts. .."Can Accept Reduction to 48. 2%" (Comprehensive)
1+ mon, 1+ week ago (810+ words) Published 10 Mar. 2026 15: 33(KST) Emergency Committee Holds Urgent Press Conference on March 10 The 'Emergency Committee for the Reform of the Drug Pricing System for the Development of the Pharmaceutical and Bio Industry' (hereinafter referred to as the Emergency Committee), which includes…...