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New take on crop insurance: Sompo

Sompo Japan Nippon Koa Insurance was the earliest foreign insurer to open a representative office in Myanmar, having been set up since 1996.

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Insurance is a ‘key pillar’: Prudential

Established in 1848, London-based Prudential Holdings Ltd is no stranger to Myanmar, having operated here from the 1920s to the 1960s.

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Famous payouts

Modern insurance can be traced to the aftermath of the Great Fire of London in 1666, which cost an estimated £10 million.

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Insurance college to train next generation of insurers

A string of deadly fires has started to open people’s eyes to the value of insurance, industry professionals believe – and though the insurance industry in Myanmar is in its infancy, they hope a new...

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Health insurance coming

National health insurance will start with pilot projects in the cities of Yangon and Mandalay in April before being spread wider afield, said U Maung Maung Thein, deputy minister for finance and...

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Strange insurance policies

Early cars – In 1901 cars were still a novelty, and specific policies had not yet been written.

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Insurance at a glance...

Since May 2013, 12 local insurance companies have been allowed to operate, breaking over a half-century of state monopoly.

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