Present there were Pak Su Gil, vice-premier and minister of Finance, So Tong Myong, general manager of the Korean National General Insurance Company who is chairman of the Organizing Committee of the Pyongyang International Insurance Seminar, and officials of the company, insurance workers in local areas and officials concerned, the delegation of the Kumgang Insurance Company of the General Association of Korean Residents in Japan, Ezzat Abdel-Bary, secretary general of the Federation of Afro-Asian Insurers and Reinsures, and his party, Roberto Quinto Martinez, permanent secretariat of the Association of Insurance and Reinsurance in Developing Countries, and representatives of companies of China, Morocco, Sudan, Switzerland, Britain, India and Egypt.

Prior to its closing ceremony the seminar heard papers on marine cargo insurance, marine cargo claims and adjustment - an overview, the art of adjusting catastrophe claims, new trends in the reinsurance market and other papers.

Then followed speeches.

The participants discussed the issues of marine insurance and its related field and exchanged experience gained in the field.