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International

Special economic zone opened to international insurers

March 28, 2017 Reprints

Myanmar is opening its Thilawa special economic zone near Yangon to international insurers as part of market liberalization effort, Nikkei Asian Review reported. Thant Zin, a government official, said that insurers applying for an SEZ license need to prove 10 years operational experience in the type of insurance they intend to provide and at least $1 billion in total assets or paid-up capital.

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Special economic zone opened to international insurers

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