On July 10, Korean Re welcomed a delegation of about 30 representatives from the Thai non-life insurance industry, who visited Korea to increase their understanding of the nations' agriculture and livestock insurance markets. We hosted the Thailand-Korea Agriculture Insurance Seminar to share with them our underwriting experiences in the crop and livestock insurance sectors.
Underwriters at Korean Re gave presentations about the agriculture insurance market in Korea - an overview of crop and livestock insurance, loss adjustment systems and practices and the prospect of the local agriculture insurance market.
During the seminar, delegates from both countries had a constructive discussion and exchanged views and perspectives on the market. Korean Re CEO Won said in his welcome remarks that the seminar could "serve as a valuable opportunity for us to have a better understanding of the agriculture insurance markets of our respective countries."