Korea National Insurance Corporation

The Korea National Insurance Corporation is an insurance company owned by the North Korean government. It has about 210 branches throughout the country.

WWW knic.com.kp

History

The company was founded on 10th of July 1947. On 25th of July 2007 the company held its 60th anniversary report meeting.

Controversies

It has been claimed that the company is a front to funnel money to the North Korean nuclear weapons program.