North Korean insurance data suggests private car boom was years in the making

North Korean insurance data suggests private car boom was years in the making

New data released by North Korea’s insurance companies suggests that authorities started laying the groundwork for more extensive private car ownership earlier than previously thought, with auto insurance revenue skyrocketing years before cars began to appear on Pyongyang roads. The DPRK boasts five insurance firms that publish business data on their official websites every year, […]