Korea Joongang Daily
Korea JoongAng Daily

Fraudulent insurance claims reach record high in 2024

Insurance fraud hit a record high of 1.15 trillion won ($794.6 million) last year, most of which was claimed through fabricated or counterfeit medical records.

2025-03-09

Samsung Life files to incorporate Samsung Fire as subsidiary

Samsung Life Insurance seeks regulatory approval to make Samsung Fire & Marine Insurance its subsidiary.

2025-02-13

Samsung Fire & Marine Insurance 2024 net income up 14% to $1.4 billion

Samsung Fire & Marine Insurance on Wednesday reported its 2024 net profit of 2.07 trillion won ($1.4 billion), up 14 percent from a year earlier.

2025-02-12

Im Sung-jae posts another top-5 at Farmers Insurance Open

Im Sung-jae enjoyed his second top-5 finish in three starts this season at the Farmers Insurance Open after closing with a one-under 71 at Torrey Pines on Saturday.

2025-01-26

Im Sung-jae rises into contention in near darkness at gusty Farmers Insurance Open

Im Sung-jae brilliantly birdied his closing hole in near darkness for tied fourth place to lie two strokes back of co-leaders Ludvig Aberg and Lanto Griffin after a wind-swept second round at the Farmers Insurance Open on Thursday.

2025-01-24

Korean insurance firms' risk-based capital ratio increases in Q3

Insurance firms in Korea saw their risk-based capital ratio rise in the third quarter of last year, data showed Tuesday.

2025-01-14

Gyeonggi to offer insurance for climate change harm

The Gyeonggi Provincial Government will offer insurance for health issues and other risks caused by climate change in the new year, with both Korean citizens and registered foreign residents eligible.

2024-12-31

Red Sparks halt Pink Spiders' historic win streak with decisive 3-1 victory

The Daejeon Jung Kwan Jang Red Sparks ended the Heungkuk Life Insurance Pink Spiders' 14-game winning streak with a 3-1 victory, marking the Pink Spiders' first loss of the 2024-25 V League season.

2024-12-18

Pink Spiders tie club winning streak record, three away from league best

The Heungkuk Life Insurance Pink Spiders thrashed the Gwangju Pepper Savings Bank AI Peppers 3-0 at Incheon Samsan World Gymnasium in Incheon on Tuesday and tied their longest winning streak at 13 games.

2024-12-11

Pink Spiders set club record with 11th straight win

The Heungkuk Life Insurance Pink Spiders set a club record with their 11th consecutive win after defeating the Gwangju Pepper Savings Bank AI Peppers 3-0 on Sunday.

2024-12-02