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Government Legislation

  • [Finance] Regulation on the Operation of Reinsurance and Agricultural Disaster Insurance
    • Competent Ministry : Ministry of Agriculture, Food and Rural Affairs
    • Advance Publication of Legislation : 2025-12-09
    • Opinion Submission Deadline : 2025-12-29

[Background]


The increasing role of loss adjusters due to the growing agricultural disaster insurance market necessitates a change in the required cycle for continuing professional development (CPD) to strengthen their competence and expertise.


[Main Points]


Change the CPD cycle for loss adjusters from the current "at least once every 3 years after the year of qualification acquisition" to "at least once within every 2 years, starting from the year following the completion of practical training.“


Regulatory effect assessment
  • 재보험사업 및 농업재해보험사업의 운영 등에 관한 규정(규제영향분석서)_20251204.hwp [download]
Legislative proposal (draft)
  • 재보험사업 및 농업재해보험사업의 운영 등에 관한 규정 고시 일부개정안 행정예고.hwpx [download]