N. Korea launched 3 non-life insurance firms to attract foreign capital: report

North Korea appears to be trying to develop its insurance industry. According to the Seoul-based Korea Institute of Finance, in 2016 and 2017, the North launched three new non-life insurers. Before there had been only one for the whole country. The new ones are Pukguksong Insurance, responsible for fire, technology and agriculture,... Samhae