Mid- to long-term insured contracts lapse as premium non-payment leads to expiration across major Korean life insurers in H1 2025
- Samsung Life is among the 10 major life insurers with the reported lapse total in H1 2025.
- Total surrender refunds reached 25.4118 trillion won.
- Average refund per surrender rose to 14.45 million won.
- July-end insurance contract loan balance was 73.5554 trillion won.