North Korea · East Asia · class R

Reinsurance companies in North Korea

1 licensed reinsurer, 25% of the 4 insurance entities supervised by the Central insurance guidance institution (no independent supervisor). Carriers that accept risk ceded by primary insurers.

CompanyClassParent / groupOwnershipRegulatorVerificationPopularity
Mirae Reinsurance CompanyState-owned
Also Future Re Company. Described as the DPRK's first and only reinsurer, established October 2017 per Naenara. State ownership presumed, not stated.
RReinsurerParent 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 reinsurers in North Korea

How many reinsurers are licensed in North Korea?

1 of the 4 licensed insurance entities this directory lists in North Korea is classified as reinsurer (25%). Partially verified against the regulator register.

Who regulates reinsurers 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 reinsurer in North Korea?

The one licensed reinsurer in North Korea is state-owned or parastatal, as recorded in the register.

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