Uptown office added for Myanma Insurance

Currently its main office is in Pabedan township on Strand Road, but given increasing traffic levels, this is inconvenient for many people, said deputy finance minister Dr Maung Maung Thein at the opening on September 8. The new office was arrange with assistance of the Road Transportation Administration Department, and will be outfitted with six […]

Private Insurers Take Hold in Myanmar

Sept. 8, 2015 3:30 p.m. ET YANGON, Myanmar—Over cups of sweet tea at Yangon University, Nyi Nyi Min Htet pitches the benefits of car insurance from his mobile phone to drivers who navigate the chaotic streets of the country’s largest city. But it often proves to be a tough sell. Few Burmese understand insurance or […]

Foreign insurance companies can start in Thilawa from 2015

Foreign insurance companies can start operating in Thilawa Special Economic Zone during its first phase beginning in January 2015, Deputy Finance Minister Dr Maung Maung Thein told reporters at the Yangon-based state-owned Myanma Insurance office on November 16. “According to an existing Special Economic Zone law, foreign insurance companies can run their business [within special […]