North Korea · East Asia · class G

General (non-life) insurance companies in North Korea

2 licensed general (non-life) insurers, 50% of the 4 insurance entities supervised by the Central insurance guidance institution (no independent supervisor). Short-term property, casualty, motor, marine and other non-life covers.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Pukguksong Insurance CompanyState-owned
Also Polestar Insurance Company. Non-life insurer (fire, technology/engineering, agriculture), established August 2016 per Naenara as reported by Korea Times. State ownership presumed, not stated. Not individually sanctions-listed as far as checked.
GGeneral (Non-life)Parent not named in registerState-owned / parastatalCentral insurance guidance institution (no independent supervisor)Partial—
Samhae Insurance CompanyState-owned
Marine, maritime cargo and aviation insurer, established October 2016 per Naenara as reported by Korea Times. State ownership presumed, not stated.
GGeneral (Non-life)Parent not named in registerState-owned / parastatalCentral insurance guidance institution (no independent supervisor)Partial—

Popularity is an estimate of how often people search Google for each insurer, from 0 to 100; the bars show how confident the estimate is. Not a rating of the insurer. How the index works

About general (non-life) insurers in North Korea

How many general (non-life) insurers are licensed in North Korea?

2 of the 4 licensed insurance entities this directory lists in North Korea are classified as general (non-life) (50%). Partially verified against the regulator register.

Who regulates general (non-life) insurers in North Korea?

Central insurance guidance institution (no independent supervisor) (Central insurance guidance institution (no independent supervisor)). Regime: Insurance Law of the DPRK (1995, amended 2015); operating permits from the central insurance guidance institution; state-directed market.

Who owns the general (non-life) insurers in North Korea?

All 2 licensed general (non-life) insurers in North Korea are state-owned or parastatal, as recorded in the register.

Data: /api/v1/countries/north-korea.json (filter by class = "general-non-life"). Licence CC BY 4.0, attribute KAFS North America.