Myanmar Legal Alert: Foreign Insurance Providers Now Allowed to Operate in Myanmar
Business,Business Advice,Myanmar,Regional Law

Reading Time: 3 minutesA recent development in the insurance sector has allowed foreign insurance providers to finally operate in the Myanmar insurance sector. Through Announcement No. 1/2019, the Ministry of Planning and Finance (“MOPF”) now permits foreign companies “to operate the business of insurance, underwriting agency or insurance broking with foreign investment” in Myanmar. This announcement follows Notification […]