MetLife Eyes Untapped Insurance Market with Rep Office

American life insurer MetLife Inc has launched a representative office in Myanmar in a bid to tap the country’s nascent life insurance industry. MetLife received a licence for its representative office in Myanmar in 2013, along with 17 other foreign insurers. The company said it is now working with government regulators as well as industry […]

AIA to open in Myanmar

Asia’s third largest insurer, the American International Assurance (AIA) Group Ltd will open representative office in Myanmar. Chief executive Mark Tucker is reported as saying that AIA planned to open the office later this year, although he did not expect Myanmar operations to become material for at least five to 10 years. Up to six […]