North Korea's 'first' re/insurance brokerage launches website

Pedro Gonçalves
clock • 2 min read

Rainbow Intermediaries, which claims to be North Korea's first re/insurance brokerage, has launched an English-language website. Pyongyang has launched business insurance firms which it hopes will help open up its economy and attract overseas funding. On its official web portal Naenara, North Korea introduced the country's "first insurance and reinsurance broker" company on Friday.  The Pyongyang-based brokerage opened its doors in May 2015, and is authorised to do business in three sectors: insurance and reinsurance brokerage and "professional" insurance consulting, a report by North...

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