South Korean insurance companies improved their risk-based capital (RBC) ratio in the third quarter of last year, reaching 218.3% at the end of September, up 1 percentage point from three months earlier, data from the Financial Supervisory Service showed. The RBC ratio, which reflects an insurer’s capacity to absorb losses and meet obligations to policyholders, is calculated by dividing actual solvency capital by the required minimum. Insurers in South Korea must maintain the ratio above 100%, with regulatory guidance recommending levels of at least 150%. Companies have been increasing capital reserves to align with stricter global accounting standards, enhancing their financial resilience. The improvement underscores efforts to strengthen the sector’s stability amid evolving regulatory demands.