News Non-Life02 Aug 2019

MSIG to pump in funding for Myanmar's major non-life insurer

02 Aug 2019

Japanese insurer Mitsui Sumitomo Insurance Group (MSIG) announced that its application to secure a 10% stake in IKBZ Insurance passed the regulatory review from Myanmar's Ministry of Finance and Planning on 31 July. Looking to obtain the final regulatory approval by the end of October, MSIG said it will now carry out necessary procedures based on instructions from the local authorities.

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