Financial Services Commission Archives - InsuranceAsia News https://insuranceasianews.com/companies_category/financial-services-commission/ Fri, 14 Nov 2025 07:10:55 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.2 Lotte Insurance to sue FSC over ‘prompt corrective action’: reports https://insuranceasianews.com/lotte-insurance-to-sue-fsc-over-prompt-corrective-action/ Fri, 14 Nov 2025 07:02:41 +0000 https://insuranceasianews.com/?p=204546 Dispute stems from the regulator's decision to issue a management improvement recommendation to the Korean carrier.

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South Korean-listed Lotte Insurance has initiated legal action against the Financial Services Commission (FSC) over a "prompt corrective action" imposed earlier this month, arguing that the measure wa...

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]]> Korean regulator to promote parametrics, support carriers’ overseas expansion to tackle emerging risks https://insuranceasianews.com/korean-regulator-to-promote-parametrics-support-carriers-overseas-expansion-to-tackle-emerging-risks/ Mon, 17 Mar 2025 08:28:11 +0000 https://insuranceasianews.com/?p=178675 FSC announces 11 proposals to address five major challenges – climate, overseas expansion, technology, population, and debt management.

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South Korea's Financial Services Commission (FSC) has unveiled a programme to promote parametric insurance for local governments, power plants, and business owners as part of its response to tackling ...

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The post Korean regulator to promote parametrics, support carriers’ overseas expansion to tackle emerging risks appeared first on InsuranceAsia News.

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