Myanmar seen as promising market for insurance

THE Financial Services Agency and Japanese insurers have been extending support to Myanmar in developing its insurance market, with an eye on the Southeast Asian nation’s possible opening of the market to foreign companies in the future. The FSA has been working with both life insurers and general insurers in supporting Myanmar, which is likely […]

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 […]