Business Insurance will be back online in October. Please check back then to subscribe/register.

All existing subscriptions will be honored. Contact with any questions.


Reinsurance may become foreign companies' entry-point to Myanmar: Law firm

Comments Email Reprints

Law firm Clyde & Co. has said there could be reinsurance opportunities in Myanmar for foreign firms even as the government looks to keep the insurance market closed, Asia Insurance Review reports.

Clyde said the insurance market is still developing and it is expected that there could be "plans to establish a state-owned reinsurer." It added that it "is likely that a policy of 30% compulsory reinsurance to this state reinsurer will be adopted, with the domestic insurers free to place the 70% balance with foreign insurers."

Read more

More from BI