Tag Search Result

  • Myanmar: Local insurers eye partnerships with international parties

    Local insurers are ready to forge ventures with global companies to cash in on the potential of the under-served insurance market in Myanmar.

    Source : AIR | 01 Nov 2017
  • Echo Re targeting more Asian business

    Dr Peter F Hugger is the man at the helm of Echo Re since February 2012. Having spent a considerable part of his 30-year professional life in Asia, with some of the top names in the reinsurance business, he is now ready to chart a new course for Echo Re in Asia, where the company already has a big presence and where he believes lies the opportunity for international players like his. He speaks to Asia Insurance Review on his new plans and strategy for the region, and the future ahead for his company.

    Source : AIR | 01 Dec 2017
  • Myanmar: Burnt down iconic hotel insured for over US$1 mln

    Large parts of the fire-razed Kandawgyi Palace Hotel, one of Yangon’s most iconic buildings, have been classified as being 100% burnt down and insurance claims were set to be paid last month.

    Source : AIR | 01 Dec 2017
  • Looking at prospective market liberalisation in Myanmar

    All eyes are watching Myanmar closely for 2018, the year to usher in the new wave of transformation for the emerging insurance industry as it stands on the cusp of liberalisation. 

    Source : AIR | 01 Feb 2018
  • Thailand: Muang Thai Life eyes expansion beyond Indochina

    Muang Thai Group, which is a holding company of Muang Thai Life Assurance, has set aside a budget of more than THB1 billion (US$31.6 million) a year from 2018-22 to expand its investments in new operations that relate to digital and insurance businesses, including startup ventures, said Mr Sara Lamsam, Muang Thai Life Assurance’s President and CEO. He is also a director of Muang Thai Group Holding. 

    Source : AIR | 01 Mar 2018
  • Look out for these what-if scenarios - WEF's 10 potential future shocks

    The growing complexity and interconnectedness of our global systems can lead to feedback loops, threshold effects and cascading disruptions. Sudden and dramatic breakdowns – future shocks – become more likely, according to the Global Risks Report 2018 published by the World Economic Forum.

    Source : AIR | 01 Mar 2018
  • On the cusp of a new growth wave

    All eyes are on the government for more liberalisation updates post AIR’s 2nd Myanmar Insurance Summit in Yangon last month where delegates and speakers highlighted their wishlists to the regulator.

    Source : AIR | 01 Apr 2018
  • Myanmar: Insurance demand to increase with growing banking network

    The insurance sector is looking forward to more business as banks are opening more branches in new areas in Myanmar to chase market share. 

    Source : AIR | 01 Jun 2018
  • Myanmar: Government taps Indian reinsurer for insurance law revision

    Myanmar authorities are working with India’s only state-run reinsurer to revise insurance and reinsurance laws.

    Source : AIR | 01 Jul 2018
  • Myanmar: State owned insurer plans to form credit guarantee firm

    Myanma Insurance is preparing to set up a credit guarantee corporation, which provides credit guarantee to businesses to obtain credit facilities from financial institutions, reported The Myanmar Times.

    Source : AIR | 01 Sep 2018