The South Korean regulator has advised local insurers to increase their capital base.
The Financial Supervisory Service is concerned that some firms' risk-based capital ratio is below or nearly under the level needed to pay claims adequately and remain solvent.
According to a report in Balita the FSS demands that insurers maintain an RBC ratio of 200%.
But it added that Hanwha General Insurance and LIG Insurance held RBC ratios of 167.9% and 192.5% respectively at the end of September.
"We are advising insurers to increase their capital via various channels, even if the crisis is not imminent, as it is important that major shareholders of the firms take precautionary measures," an official told reporters.
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