TOKYO -- Japanese provider Taiyo Life Insurance will acquire 35% of Myanmar's Capital Life Insurance, a deal that creates an early foothold in a growth market.
Business deals
Japan's Taiyo Life buys 35% stake in Myanmar insurer
$7m deal grants early entry into market ripe for growth
Myanmar's life insurance market makes up less than 0.2% of the economy, creating a wide margin for growth. © Reuters
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