Japan helps Myanmar to develop insurance sector
June 11 2018 by InsuranceAsia News
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Myanmar insurers temporarily halt new disaster coverage after quake: reports
- April 14
Existing natural disaster insurance policies are allowed to be renewed and extended, but it remains uncertain when the sales of new policies will resume.
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Myanmar’s protection gap exposed as 7.7-magnitude earthquake death toll tops 1,600
- March 31
The financial burden from the damage to buildings, airports, roads and bridges, is likely to fall on businesses and the government as insurance penetration in the country remains very low.
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7.7-magnitude earthquake rocks Myanmar, leads to road and property damage in Bangkok
- March 28
Earthquake also shook buildings and triggered evacuations in neighbouring Vietnam and southwest Yunnan province in China.
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Yagi third costliest typhoon in Asia with US$1bn insured loss: Munich Re
- December 2
Early estimates of the overall losses from the typhoon season are thought to be around US$22bn, with insured losses of US$2bn, the reinsurer said.
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