Foreign partners poised to aid growth in Myanmar’s life insurance sector

YANGON—While joint-venture proposals from foreign insurance companies are being reviewed by the country’s insurance business regulatory board, some of Myanmar’s largest insurance companies are already building bridges to leverage foreign expertise for the growth of Myanmar’s nascent insurance industry. After two years of delays, Myanmar began allowing insurance companies to operate in the country’s life […]

Myanmar’s insurance sector set for help from Japan

TOKYO — Myanmar will flesh out its insurance industry with Japanese guidance and personnel support on crafting rules and products, hoping to develop a potentially lucrative market. Along with its healthy economic growth, cars are rapidly spreading in the Southeast Asian nation of more than 50 million, making it fertile soil for insurance. Myanmar, which […]