Insurance firms could work together

Myanmar Eleven May 20, 2015 1:00 am #block_media{ position:relative; display:block; clear:both; } #tab_photo,#tab_video{ display:inline-block; width:60px; height:auto; padding:3px; position:absolute; top:-25px; left:500px; text-align:center; background-color:#ccc; color:#000; cursor:pointer; z-index:0; } @-moz-document url-prefix() { #tab_photo,#tab_video{ top:-26px; } } #tab_video{ left:564px; } #block_media .tab_media_active{ background-color:#0c3e6f; color:#fff; } #slides_box,.box-vdo-top{ z-index:600; } Maung Maung Thein, chairman of the Insurance Business Supervisory Board

Maung Maung Thein, chairman of the Insurance Business Supervisory Board

Arrow Prev Arrow Next Myanmar Insurance Business Supervisory Board says it will allow foreign insurance companies to offer services through joint ventures or direct delivery.

"Currently, the government only allows foreign insurance companies to open offices in the country. Then they will be allowed to deliver their services in the special economic zones. Then they will get the green light to deliver services through joint ventures when they get experience and Myanmar's insurance market becomes strong. We have yet to decide which methods will be used," said Dr Maung Maung Thein, chairman of the board.

There are 16 international firms with offices in the country but they cannot start offering their services as the standards set for the special economic zones are still under development.

"They have a chance to learn about Myanmar's insurance market conditions," said Maung Maung Thein.

No time has been given for when foreign insurance companies can start to operate but it would depend on when domestic firms could gain a foothold in the market.

More than half of the 11 domestic insurance companies get a monthly premium above Ks1 billion, he said



36 Viewed
googletag.display('div-gpt-ad-1407393128989-0'); var switchTo5x=false; stLight.options({publisher:'6d3040a3-8e61-4630-98b5-3f5875b38d3e'}); Latest stories in this category
    Japanese call for Yangon train work
  • Japanese call for Yangon train work
  • The Yangon's circular train line is seriously..
  • YCDC to build six new street-crossing bridges in..
  • President expects $5,000 per-capital income by..
We Recommend
    Luang Phor Koon dies at age of 91
  • Luang Phor Koon dies at age of 91
  • LUANG PHOR KOON PARISUTTHO, one of the country's..
  • Thailand on the 'back foot' internationally
  • Thai-Japanese rail link to Chiang Mai follows..
var GcrABTesting = { recHeader: 'More From Nationmultimedia', PubCode: 'pub-1044823792492543', CoReHeight: '225', CoReWidth: '620', mCoReHeight: '250', mCoReWidth: '300', CoReType: 'image_with_title_overlay', CurrentSolution: '', ExperimentTraffic: 1, ControlTraffic: 0, CookieName: 'google_gcr_ab' }; GcrABTesting.commonCode = function() { var ret = ''+''+'.responsive_core { width:'+GcrABTesting.mCoReWidth+'px;height:'+GcrABTesting.mCoReHeight+'px; }'+'@media(min-width: 800px) { .responsive_core { width:'+GcrABTesting.CoReWidth+'px;height:'+GcrABTesting.CoReHeight+'px; } }'+''+'' +TrailingScript; } else if(variation == 1) { return GcrABTesting.CurrentSolution +'' +GcrABTesting.commonCode() +' data-ad-channel="CoRe_Cont">' +TrailingScript +''; } return ""; } GcrABTesting.pick = function() { var variation = GcrABTesting.getCookie(GcrABTesting.CookieName); if (variation) { // Get setting from cookie. return parseInt(variation); } else { // Cookie is not set, randomly decide and set cookie. var r = Math.random(); if (r < GcrABTesting.ExperimentTraffic) { variation_index = 0; } else if (r < GcrABTesting.ExperimentTraffic+GcrABTesting.ControlTraffic) { variation_index = 1; } var d = new Date(); d.setTime(d.getTime()+(1296000000)); // 15 days (15*24*60*60*1000) document.cookie = GcrABTesting.CookieName+'='+variation_index +';'+'expires='+d.toGMTString(); return variation_index; } } GcrABTesting.getCookie = function() { var name = GcrABTesting.CookieName+'='; var ca = document.cookie.split(';'); for(var i = 0; i < ca.length; i++) { var c = ca[i].trim(); if (c.indexOf(name) == 0) { return c.substring(name.length, c.length); } } return ""; } var GcrAB_code = GcrABTesting.getCode(); document.write(GcrAB_code); console.log("GcrAB_code = "+GcrAB_code); if($('#google_recommend').height()
 

เครดิตและบทความเรื่องอื่นๆของ nation ดูทั้งหมด

469

views
Credit : nation


สงวนลิขสิทธิ์ © 2556 uAsean.com มหานครอาเซียน