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South Korea's Auto Insurance Loss Ratio Deteriorates to 84.1% in H1 2026, Up 1.5 Percentage Points YoY

2026-07-22 01:44:31

DB Insurance2.17%

According to South Korea's insurance industry, the combined loss ratio for auto insurance among five major insurers—Samsung Fire & Marine, DB Insurance, Hyundai Marine & Fire, KB Insurance, and Meritz Fire & Marine—reached 84.1% on a simple average basis for the first half of 2026 as of July 22. This represents a 1.5 percentage point increase compared to the same period last year. For June alone, the five insurers' loss ratio stood at 83.7%, up 1.8 percentage points year-over-year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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