Welcome to Korean Re! Korean Re is a global reinsurer that provides clients with high-quality reinsurance services and risk management solutions as their reliable business partner. Protecting client assets is our paramount goal. Risks are intensifying and becoming more diverse and complex, particularly amid growing intensity and frequency of natural disasters. It is no surprise that the value of risk management through reinsurance is increasing more than ever in this highly complicated world. Drawing on our over 60 years of expertise and experience in the reinsurance business, we make every possible effort to ensure our client assets are best protected. As much importantly, we are steadfastly dedicated to promoting social values and making our community stronger and more resilient, which we believe is an integral aspect of insurance. You have our unwavering commitment that we will remain a solid supporter of our community development. We look forward to your continued engagement and relationship with us. Thank you.
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Korean Re announced executive promotions: Jung Kwang-sik to Executive Director, So Byung-ki to Managing Director, and Lee Jae-moon to Managing Director level.
The global reinsurance market is expected to grow from $614.16 billion in 2024 to $1.41536 trillion by 2032, with a CAGR of 11.0% from 2025 to 2032.
Reinsurance is insurance for insurance companies, allowing them to manage risk from large claims. Korean Re is the only domestic reinsurer in Korea.
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