Lessons in insurance

In September 2006 the first questions about North Korean reinsurance contracts hit the media (Joong Ang Daily, Sept. 20).  North Korea’s Minjok Insurance General Company filed claims in London and Moscow for two railway crashes, a ferry sinking, and a helicopter crash.  The Joong Ang Daily reported that that the accident sites were examined by industry representatives—though the checks had not been … Continue reading Lessons in insurance