Local Insurance Companies In Myanmar

Currently there are 12 private insurance companies in myanmar besides mie and 11 of them have started their operations.

Local insurance companies in myanmar. Yangon myanmar s ministry of planning and finance is set to give the go ahead to joint ventures between local and foreign insurance companies next month. The five wholly foreign owned insurance companies are. S no company name address general ins life ins.

Under the myanmar insurance law the ministry of finance mof still guarantees myanma insurance s liabilities. Aya myanmar insurance ami aya sompo insurance. Additionally foreign businesses operating in myanmar are required to buy insurance from the state owned underwriter.

Below is the list of local myanmar insurance companies. 400 406 merchant street botahtaung township yangon. Capital taiyo life insurance.

The country s insurance business regulatory board which is overseen by the ministry of planning and finance is currently scrutinizing companies that have submitted requests for. Nyo myint vice chairman of ikbz insurance explains that although the monopoly of the state owned myanma insurance has ended the country s 12 insurance companies are still. In addition to one government run provider there are currently 11 local private insurance companies in myanmar eight are licensed to sell both life and general insurance while three may sell life insurance only.

Aung thitsa oo insurance. Aung myint moh min insurance. You can sort the rows by clicking the up down arrow in the column header.

First national insurance public co ltd. On the other hand the local monetary sector and foreign investment sector will see more improvements according to the ministry of planning and finance. Other companies must cede premiums beyond certain levels to an insurance pool run by myanma insurance.