[Financiers Talk] as long as 'financial stability' earnest study

[Korea Jeongseon financial newspaper reporters] and the Bank of Korea accelerated in-depth study of the field of financial stability.

1 days, according to the Bank of Korea, Bank of Korea has come within 10 side to the recent topics related to financial stability issues, macro-prudential policy across the public offering research services to 17. Less than 10 million won per episode and support yongyeokbi study period is about 6 months.

Competition challenges △ macro-prudential policy and macro-financial linkages The △ △ financial institutions, behavior analysis and model development index △ △ finance financial industry regulation 5 range areas.

Macroprudential policy and macro-financial linkages were included in the case, including the impact of the new US administration economic policies, progress Breck sheets (of the UK EU withdrawal), the interest rate normalization factors, such as the US Federal Reserve (Fed) on the financial stability.

Behavior analysis is the impact of the financial institution, insurance company, etc., it geumtu systemic risk spillover path of non-bank financial institutions such as increased competition in the loan market junggeumri financial institutions management quality.

The impact on household debt insolvency early warning indicators development (the development model and index), pin-tech spreading financial industry (banking industry) was also included. Also the Basel III regulations, the risk weighted calculation method also impacts (financial regulation) project on SME loans.

The Bank of Korea held meetings four times a year to check the situation macro-financial stability as monetary policy this year validity Improvement. Monthly monetary policy meeting to determine the direction of the base rate was adjusted at annual 12th annual circuit 8.

The Bank of Korea official said it "will promote the clock to secure adequate monetary policy decisions, checking and strengthening of the financial stability situation.

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Korean Re reinsurance, Latin American markets in earnest ... IRB and signed MOU

[Korea gimmingyeong financial newspaper reporter] Korean Re reinsurance had signed an IRB Brasil Re (hereinafter IRB) and the Memorandum of Understanding (MOU) to strengthen the larger Latin American market growth potential.

Korean Re wonjonggyu president met with 24 days last month's IRB Please follow in the IRB headquarters in Rio de Janeiro, Brazil Godoy (Tarcisio Godoy) president Jose Carlos Cartier and even cattle (Jose Carlos Cardoso) Business Chief Executive Officer signed the MOU.

In the wake of this MOU with Korean Re it is planning to strengthen cooperation in trade, including activating and future IRB side, and further sets out to expand enter Latin American markets.

Through the MOU the two companies were to cooperate closely in Brazil and Argentina quantity argument, and the Southern Common chujinkiro bright future, including life insurance, property insurance. Also actively negotiated key exchange market information through a mutual personnel exchanges between underwriter.

Founded in 1939, the IRB is recorded about 50% market share in Brazil and the Brazilian reinsurance captive in one place, it occupies an important position in the Latin American market. Premium income amounts to about $ 1.1 billion (based on 2015 premium income).

Latin America is a place to receive insurance penetration is relatively low rating, while a large range of insurance market growth potential of the Company in accordance with the economic development.

Wonjonggyu president explained, "The MOU signing is that overcomes the limitations of domestic growth, and right off close to both companies aim to expand overseas," and said, "We will maximize synergies through future reinsurance mutual trade".

In particular, he said wonjonggyu president of the significance of the MOU signed "Above all, greater harvest in that it secured the foundation of acquisitions and local co-major partner in the Latin American market."

Korean Re has a bar which has accelerated the 'Vision 2050' overseas expansion after the announcement containing the map of the future company growth in 2014. Accordingly, after having succeeded in the past three years, entering Lloyd's of London, and actively try to install in Shanghai, China, Labuan, Dubai Branch.

Korean Re reinsurance has been trying to expand in Latin America is entering a large market potential for growth. It currently acquired the reinsurance contract size of about $ 80 million in Latin American markets, expanding trade and steadily built up the IRB, and was able to achieve this MOU with a trust relationship.

Korean Re's reinsurance plans to naemyeo more speed overseas expansion of the MOU and the opportunity to realize the IRB side 'Vision 2050'.



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