THE KOREA ECONOMIC DAILY, GLOBAL EDITION

The prolonged coronavirus era is pushing South Korean asset owners, including the Teachers’ Pension and insurance firms, to tighten contracts for new infrastructure deals to enhance protection against unforeseen events such as the current global pandemic, as they work to increase vigilance on investment risk.

“The COVID-19 situation has reminded us of the importance of a contractual liability for infrastructure assets,” said Lotte Non-Life Insurance’s alternative investment head ...