News Life and Health13 Sep 2019

Myanmar:IKBZ Insurance spins off new life insurance unit


IKBZ Insurance, one of Myanmar's largest privately held general insurers, will be launching a new insurance company IKBZ Life on 16 September in view of current regulations by the Insurance Business Regulatory Board of Myanmar. This restructuring is said to allow for greater specialisation and innovation as the new unit will be fully dedicated to life insurance products.

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