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제목 RBC Ratios of the Korean Insurance Industry as of June 2018


As of late June 2018, the average risk-based capital (RBC) ratio of the Korean insurance industry increased by 3.6 percentage points to 253.5 percent compared to three months earlier. The available capital was up 2.3 percent, amounting to KRW 124.5 trillion, thanks to positive net income results driven by improving investment gains. The required capital expanded marginally to KRW 49 trillion as the capital requirements for credit and market risks of retirement annuity accounts were newly included in the required capital amount.

Changes in RBC Ratios of the Korean Insurance Industry
*Individual figures may not add up to the total shown due to rounding. (Source: Financial Supervisory Service)

Life insurers saw their RBC ratio rise by 5.1 percentage points to 263.3 percent, while the ratio of non-life insurers increase by 1.1 percentage points to 234.8 percent. The ratios remained far above the statutory minimum requirement of 100% under the Insurance Business Act.

Trends of RBC Ratios
(Source: Financial Supervisory Service)

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