Japan’s Taiyo Life goes big on hiring in Myanmar’s tiny insurance market

YANGON — Japan’s Taiyo Life Insurance says it aims to have thousands of salespeople knocking on the doors of potential customers in Myanmar once it gets full approval in a country where the concept of insurance is new to most people. The midsize insurer seeks to increase its sales force in Myanmar to 5,000 from […]

Capital Life pays out for accident

Capital Life Insurance has made its first insurance payment for loss of life following a death in a car crash. Daw Tin Shwe’s family has received K3 million (US$2900) after she died in a car crash at 115 Mile rest stop on March 13. The insurance firm transferred the payment to her son U Ye […]