Korean insurers eye overseas alternative additions as economy recovers
The country's life insurers continue to mainly focus on fixed-income assets but could raise allocations to overseas private assets as a new capital regime is announced.

Korean life insurers continue to be wary of overseas alternative assets, following a series of cuts conducted by the companies during 2020 and into this year. However, they may selectively look to add positions as the global economy recovers while continuing to seek more long-term fixed-income assets in the months to come, believes credit rating agency Moody's.
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