ABOUT US
Founded in 1947, Korea National Insurance Corporation has been operating Life and Non-Life insurance business activities in the Democratic People’s Republic of Korea for over 70 years till todayFoundation of the Corporation
Korea National Insurance Corporation was founded in July, 1947 and has been carrying out Life and Non-Life insurance business activities in the DPR Korea for over 70 years.
Mission
The Korea National Insurance Corporation takes it as its principal mission to stabilize and improve peoples’ living and to support social economic development through its insurance activities.
Structure
The Corporation head office has the operational departments dealing with Life and non-Life insurance operation, as well as insurance branch offices across the country.
Executive Committee of Management
Hong Myong Ryong
ECM Chairman
Kim Yong Gwon
ECM Chairman
Kim Chol Yong
ECM Member
Yun Jin
ECM Member
FINANCIALS
The consolidated financial statements of Corporation have been prepared in accordance with the requirements of Accounting Law and its relevant regulation of the DPRK and the accounting principles generally accepted in the country.TYPICAL FIGURES
Following figures show the rapid development of insurance in our country. ( In KPW million )
GWP of Life Insurance
U/Results of Life Insurance
GWP of Non-Life Insurance
U/Results of Non-Life Insurance