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Myanmar tag returned 7 results

  • Formal insurance licences granted to foreign insurers in Myanmar

    Five foreign insurers and half a dozen joint ventures were granted licences by the Financial Regulatory Department on 28 November 2019 to operate in the Myanmar market.

    Date : 03 Dec 2019
  • Myanmar: Prudential receives licence to operate life insurance business

    Prudential Corporation Asia ("Prudential") has received a life insurance licence from the Ministry of Planning and Finance (MoPF) of Myanmar. The newly-granted licence will allow Prudential to start offering life insurance products and solutions to the people of Myanmar to meet their growing long-term protection and savings needs.

    Date : 28 Nov 2019
  • Chubb launches life insurance operations in Myanmar

    Chubb has launched operations of its 100% owned life insurance subsidiary in Myanmar today (28 Nov). It will offer a range of products designed specifically to meet the protection and savings needs of the people in the nation.

    Date : 28 Nov 2019
  • Myanmar: Fulfilling life's great promise

    Myanmar's insurance industry is preparing for a significant shake-up in the near future with the entry of foreign insurance companies into the market. Industry analysts believe they may be operational within the next three months. This is a central part of the government's financial reforms aimed at attracting foreign investment, starting with the significant liberalisation of the moribund insurance sector. What lies ahead, and what will it take to succeed?

    Date : 01 Jul 2019
  • 5 foreign insurers clinch provisional insurance licences in Myanmar

    Five foreign companies have been granted provisional licences to issue life insurance policies through 100/% subsidiaries as the authorities are finally opening up the Myanmar market.

    Date : 09 Apr 2019
  • Myanmar's insurance companies prepare for foreign competition

    William Aung, independent consultant, analysing insurance, investment and financial sector in Myanmar and the former Country Head of Myanmar, Bagan Capital, shares with us how the country's insurance companies are preparing for foreign competition in this article.

    Date : 03 Jan 2019
  • Myanmar: Insurers get green light to sell short term endowment

    Insurers in Myanmar have been approved to include short term endowment life insurance policies as part of their product portfolios, according to Daw Sandar Oo, Chair of Myanmar Insurance Association (MIA) and Managing Director of Myanma Insurance.

    Date : 14 Aug 2018