Eleven foreign companies licensed to operate in Burma

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Magazine Issue:

Alarm over the European Insurance [3]

Magazine date:

Dec 2019

Autorisation The Burmese insurance market welcomes 11 new companies increasing, thus, the number of insurers to 20.

Newcomers include:

5 wholly foreign-owned companies:
- AIA Myanmar Life Insurance Company,
- CHUBB Life Insurance Company,
- DAI-ICHI Life Insurance Myanmar,
- MANULIFE Myanmar Life Insurance Company
- Prudential Myanmar Life Insurance.
3 joint-ventured life insurance companies
- CB Life Insurance Company,
- Capital TAIYO Life Insurance
- Grand Guardian Nippon Life Insurance Company
3 joint-ventured composite (life and general) insurance companies
- AYA SOMPO Insurance Company,
- Grand Guardian Tokio Marine General Insurance Company
- KBZ MS General Insurance Companies.

Mon, 09/12/2019 - 15:06

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[3] https://www.atlas-mag.net/en/issue/alert-on-european-insurance
[4] https://www.atlas-mag.net/en/article/three-foreign-insurers-forced-to-cancel-investments-in-myanmar