Manulife Awaits License

Canada’s Manulife insurance company is waiting for permission, and will begin its business once the government permits, said Indren Naidoo, the company’s regional executive on May 29. Naidoo said that the company has had an office in the country since 2014 yet was waiting for a official permit. He said that he was confident the […]

Canada’s largest insurance firm opens Myanmar office

Canadian insurance firm Manulife Financial Corporation has opened a representative office in Yangon, returning after a seventy year absence, according to Bloomberg. Manulife – the largest life insurance firm in Canada – formerly operated in Myanmar from 1903 to 1942, before leaving during World War II. “We’re convinced Myanmar is on the threshold of a […]