Monday, November 20, 2017

Myanmar

Myanmar to grant licences to foreign insurers

Myanmar to grant licences to foreign insurers

The announcement comes after the nation embarked on decentralisation efforts for its insurance market.

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AmCham Myanmar seeks continued insurance reforms

AmCham Myanmar seeks continued insurance reforms

The American Chamber of Commerce in Myanmar has urged regulators to allow market access to foreign insurers.

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Dai-ichi Life seeks higher market share in South-East Asia

Dai-ichi Life seeks higher market share in South-East Asia

The Japanese insurer has been aggressively pursuing business opportunities in the region.

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Myanmar opens special economic zone to global insurers

Myanmar opens special economic zone to global insurers

All foreign insurers with local representative offices will be eligible to apply for a licence in the SEZ.

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Asia’s last insurance frontier

Asia’s last insurance frontier

Foreign insurers have been waiting for the opportunity to do business in Myanmar since 2015.

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Myanmar and India sign insurance cooperation

Myanmar and India sign insurance cooperation

The MoU was signed in the presence of Narendra Modi and Aung San Suu Kyi.

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Foreign insurers to be allowed in Myanmar in 2017

Foreign insurers to be allowed in Myanmar in 2017

The government has said that it wants to fast-track liberalisation within the insurance sector.

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Myanmar poised to grant licences to European firms

Myanmar poised to grant licences to European firms

Euro insurers will be allowed into a special economic zone after operating in Myanmar for at least three years.

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IKBZ plans Myanmar’s first online insurance platform

IKBZ plans Myanmar’s first online insurance platform

The company aims to launch its online platform this month to list its 11 different insurance policies.

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Sompo beats rivals to enter Myanmar’s auto market

Sompo beats rivals to enter Myanmar’s auto market

The Japanese insurer will write vehicle insurance in the Thaliwa special economic zone in south-east Yangon.

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Japan supports Myanmar in developing market

Japan supports Myanmar in developing market

Up to US$40 billion of potential growth seen as Japanese firms assist with training programmes and expertise.

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Sompo Japan looks offshore for higher yields

Sompo Japan looks offshore for higher yields

Japan’s second-largest property insurer is planning to increase its holdings of foreign bonds.

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Marsh opens representative office in Myanmar

Marsh opens representative office in Myanmar

The insurer is keen on helping develop and grow local talent in its new Yangon outpost.

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Japanese insurers to offer liability cover in Myanmar

Japanese insurers to offer liability cover in Myanmar

Three insurers have won licences to offer insurance products in Thilawa Special Economic Zone

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JLT establishes presence in Myanmar

JLT establishes presence in Myanmar

A growing list of international insurers are establishing offices as the country opens up.

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Myanmar halts licences for foreign insurers

Myanmar halts licences for foreign insurers

No reason disclosed for suspension of licences to operate in Myanmar’s special economic zones (SEZ).

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Myanmar insurers to start selling health insurance

Myanmar insurers to start selling health insurance

Policies will be sold under a one-year trial commencing 1 July.

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MSI permitted to operate in Myanmar’s Thilawa Special Economic Zone

MSI permitted to operate in Myanmar’s Thilawa Special Economic Zone

Obtains a provisional permit to underwrite general insurance from regulators.

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Zainudin Ishak, Malaysian Re

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