In the first half of this year, auto insurance profits turned to a loss for the first time in six years. Although auto insurance premiums rose and the number of accidents fell this year, this was due to a larger increase in hospital treatment costs and vehicle repair expenses. On the 15th, the Financial Supervisory Service...
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Accidents Down, but Medical Costs Soar … Auto Insurance Posts 184.8 Billion Deficit in First Half
TradeNews BD multi-market desk (2026-09-15): In the first half of this year, the auto insurance sector posted a loss for the first time in six years. Although auto insurance premiums rose and the number… Primary source: original at Maeil Business Economy (mk.co.kr).
