From Fox News:
A growing number of major underwriters around the world strongly suspect that communist dictator Kim Jong-Il’s regime is running an elaborate major insurance and reinsurance scam on them, to the tune of tens of millions of dollars or more.
The alleged fraud involves a wide variety of North Korean industrial and personal calamities where insurers have been presented with perfect government-controlled documentation of accidents, including deaths, along with carefully gathered photographic evidence, all compiled in a startlingly brief time.[...]
To get North Korea’s side of the story, FOX News approached the regime’s official insurance representative in London, Song Ryon Ko, at his home. Song refused to discuss the issue and hastily closed his door.
Britain’s Foreign Office says the lack of firm proof of fraud is why it hasn’t taken action on the reinsurance issue, although British diplomats say they are aware of it. But as the British government is trying to put limits on Kim Jong-Il’s nuclear weapons program, the lack of an official British reaction could also be an attempt not to rock the boat, as well as to protect its diplomatic presence in Pyongyang.