Liberalisation in Myanmar a boon to insurers
Friday, 06 07 2019, Category: Insurance and Reinsurance, Country: Asia
Myanmar’s efforts to liberalise its insurance market offers significant growth opportunities for insurers in the short to long term, according to a report on the country’s insurance sector.
According to New Asia Property, anticipated moves by Myanmar’s government to liberalise the insurance sector to allow foreign insurance firms to enter the market – either as 100% owned operations or joint ventures with local firms – present an opportunity for insurers to access a fast-developing market.
Source: Insurance Business