지난행사목록
본문
We are currently facing a truly difficult period in disorderly internal and
external affairs of our nation. Amid this, I would like to warmly welcome
all distinguished guests who are attending the 12th Global Insurance
Symposium co-hosted by Financial News and the Korea Insurance Research Institute.
As you are all well-aware, the Korean economy is in an adverse,
unfavorable situation. Some have raised voices over the fear of deflation
that causes slow economic growth and low-price level at the same time.
Recently, the Bank of Korea decreased the standard interest rate to 1.25%,
which is the lowest in history, and the IMF’s projection of Korean economy’s
growth rate fell from 2.6% to 2%. All these facts clearly show the reality that
the Korean economy is facing
right now.
In this environment, I have heard that the Korean insurance industry is also
going through a difficult period. To cite President Ahn, Chul Kyung from Korea
Insurance Research Institute during his media interview, the insurance industry
has a heavy load of work to do but still has a long way to go. In this trend of low
interest, population has declined further while capital regulations have strengthened
due to the change in accounting standards. It is not easy to find favorable news
anywhere these days.
But we cannot just stay still. We have picked the topic of symposium as the
‘Global Economic Uncertainty and The Risk of Insurance Industry’ to actively
seek the survival strategy of the future insurance industry. In the past, the Korean
insurance industry had the sufficient capability to gather all strengths and overcome
the difficulty whenever there was an obstacle. Especially when looking back on the
path this symposium has walked on over the last 12 years, I am certain that the
Korean insurance industry will also be able to overcome its present challenges
by gathering all its wisdom.
This symposium has been attended by Governor Yoon, Suk Heun of the
Financial Supervisory Service to encourage insurance agents. I would like
to extend my sincere appreciation to Governor Yoon who has always supported
the Korean financial industry as a solid pillar. I would also like to express my
gratitude to Chairman Shin, Young Kil of the Korea Life Insurance Association
and Chairman & CEO
Kim, Yong Duk of the General Insurance Association of Korea.
I would especially like to show my appreciation to Managing Director Dieter Kroll
of Hannover
Re Life & Health Asia, who has travelled a faraway from Germany.
It is my sincere hope that today’s symposium provides a very useful opportunity
for a breakthrough in the development of insurance industry. I hope you all take
care of yourselves in this cold weather these days, and thank you
very much.
Jeon, Jae Ho
Chairman & CEO,
The Financial News
