Country: Myanmar Page 1 / 2
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- August 23 2019
Taiyo Life to acquire 35% stake in Myanmar Capital
The firm is the latest Japanese player to have a stake purchase in a Myanmar insurer approved.
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- August 19 2019
Thai Life agrees 35% stake in Myanmar’s CB Insurance
The Thai player wants to bring its actuarial and managerial expertise to Citizen Business Insurance.
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- August 2 2019
MSIG secures stake in Myanmar’s IKBZ
Japanese giant secures 10% of Myanmar's largest P&C player; five other foreign players also granted JV status.
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- July 25 2019
Myanmar’s premiums could grow to US$2.5bn
Survey from country's leading insurer IKBZ points to rapid growth ahead.
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- June 25 2019
Nippon Life diversifies with Myanmar stake purchase
The Japanese giant is one of the first to formalise a joint venture in the country.
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- April 29 2019
Myanmar’s local life players in JV talks revealed
The four local firms are likely to own 65% of any JV.
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- April 12 2019
Progress in Myanmar
Foreign life insurers have finally been granted approval to operate wholly owned subsidiaries after years of waiting.
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- April 10 2019
Myanmar to offer multiple JV foreign licences
MSIG is one of the firms that could benefit from joint venture rules as the country opens up.
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- April 8 2019
Myanmar grants five provisional foreign life licences
The country's market is another step closer to opening up.
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- January 4 2019
Myanmar opens for business
Officials said on Wednesday that they are finally ready to award licences to foreign insurers.
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- December 17 2018
Myanmar plans licences for foreign insurers in 2019
Foreign firms could provide better quality products and distribution.
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- June 11 2018
Japan helps Myanmar to develop insurance sector
The country's insurance sector is expected to get a major boost from Japanese know-how in crafting rules and products.
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- May 21 2018
Myanmar eyes insurance sector liberalisation
An investment official has hinted that it is likely to further open the industry to foreign investment.
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- March 19 2018
Japan to help develop Myanmar’s insurance sector
Prime minister Shinzo Abe made the commitment during the Myanmar-Japan Joint Economic Conference.
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- February 20 2018
Myanmar opens doors to three foreign insurers
Local players are strongly opposed to liberalisation but the government is driving reform nevertheless.
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- October 3 2017
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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- August 3 2017
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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- April 7 2017
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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- March 29 2017
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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- March 10 2017
Asia’s last insurance frontier
Foreign insurers have been waiting for the opportunity to do business in Myanmar since 2015.
