Abstract
All provisions of North Korea's 'Gaesong Industrial Zone Insurance Regulations' were critically reviewed according to the theory of insurance law. It was confirmed that there is a fundamental difference in the composition of insurance theory between North Korea's insurance law system, which is characterized by socialistic insurance, and South Korea's insurance law system based on liberal contracts. North Korea's insurance legislation is government-led, and the leading position of insurance companies is included in insurance regulations. This is a point of view that is in contrast to South Korea's insurance legislation that guarantees equal status. Recognizing these differences, mutual understanding, discussions, and negotiations between South and North Korean insurance experts are needed. This thesis is a basic study on the insurance legislation that can be applied by agreement between South and North Korea in the future inter-Korean economic cooperation zone through consideration of the 'Gaesong Industrial Zone Insurance Regulations'.
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