All eyes are on Myanmar for 2018 which will be the year to usher in the new wave of transformation for the insurance industry. Insurance reform is now said to be a priority and the government is expected to issue more insurance licenses. This move and liberalization are eagerly awaited as Myanmar is one of the last frontiers with enormous opportunities predicted to hit $2 billion in premiums by 2030.
There is a long queue and insurance companies are waiting patiently to get a real quick footing in the market with economic growth in mining, agriculture, fisheries, energy and infrastructure development across a huge population base of 55 million.
How will the industry be transformed? What are the real opportunities in Myanmar and how best to tap into these high-potential opportunities? What are the strategic tips to win in the insurance game in Myanmar today? Can Myanmar rise to the challenge?
With the phenomenal success of the first Myanmar Insurance Summit in 2014, Asia Insurance Review is proud to bring the 2nd Myanmar Insurance Summit with the theme “Ushering In the New Growth Wave” to give a quick synoptic overview of the potential in Myanmar while highlighting the power of strategic alliance and partnership to serve the needs of the growing market for protection. The two-day Summit, supported by the Ministry of Finance of Myanmar and Myanma Insurance, will be the key platform bringing together leading experts and industry leaders to provide a comprehensive analysis of the insurance landscape in Myanmar today and discuss critical issues, key challenges and opportunities ahead to capitalize on these growth opportunities and foster new business partnerships. Senior decision-maker and influencer including insurers, reinsurers, brokers, consultants, as well as service providers will want to be at this premier conference to explore the potential Myanmar has to offer and understand the regulations, licensing and legal structures to launch business and tap the great potential in a new insurance market in Asia’s last frontier.