Offshore Reinsurance: A Growing Trend with Mounting ConcernsBy insurancejournalnewsMarch 18, 20250 The practice of U.S. life insurers transferring reserves to offshore locations like Bermuda is rapidly increasing, but the trend is drawing criticism and raising questions about financial security and regulatory oversight.
Life Insurance FSS Governor Lee Bok-hyun Calls for Improved Insurance Practices and Long-Term FocusBy insurancejournalnewsFebruary 27, 20250 Financial Supervisory Service Governor Lee Bok-hyun met with insurance CEOs to address short-term performance pressures and unhealthy sales practices.
