South Korea’s Dongbu Insurance opens Yangon office

South Korean-based Dongbu Insurance has become the 16th international insurance firm to open a branch office in Yangon. International insurance companies are currently not allowed to operate in Myanmar. However, the Myanmar Insurance Business Supervision Committee was established last year with a view to eventually issuing licences to allow foreign companies to operate in special […]

Foreign insurance companies who meet their standards allow to work in SEZs says IBSC

Foreign insurance companies who meet their standards allow to work in SEZs says IBSC Insurance Business Supervision Committee (IBSC) will be the only granted foreign insurance company which meets their standardizations to work in Thilawa Kyaukpyu and Dawei special economic zones, according to its committee. The committee said they will announce the profile of companies […]