North Korea’s “first” insurance, reinsurance broker launches new website

Rainbow Intermediaries, established in 2015, also provides "professional" consulting services

North Korea’s externally-focused online outlet Naenara recently reported on a new English-language website for the country’s “first insurance and reinsurance broker” company.The Pyongyang-based Rainbow Intermediaries was established in May 2015, and is reportedly authorized to work in three sectors: insurance and reinsurance brokerage and “professional” insurance consulting.“Rainbow Intermediaries satisfies the demands of corporate and individual clients throughout the country for insurance cover of their life and property against risks in close cooperation with the national insurers,” the website read, promising the company "will always try to offer a service as reliable and diverse as it could to