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South Korea Insurance Q4 2019

South Korea Insurance Q4 2019

Key View:

5G will be the growth driver for operators, which have each announced their strategies to make the new generationtechnology a core part of their overall converged offering. The mobile market is highly advanced and saturated, and while growthopportunities still remain in long run, operators will find the greatest returns in upgrading legacy subscribers (3G, and soon 4G) tonew 5G networks. We anticipate that 5G will be the dominant technology in the medium-term, and 4G could start showing declinesas early as 2020. Growth is still strong in the M2M and fibre broadband segments. We maintain a positive view of the regulator, as ithas so far managed to balance operator interests and consumer rights reasonably well.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Asia Pacific Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Hanwha Life
Samsung Fire & Marine
Samsung Life
Insurance Methodology

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