Foreign insurers bring disruption in untapped Myanmar market

Prudential and Sompo Japan to launch products using advanced technologies

20190610 market in Yangon

Street vendors sell vegetables in Yangon. For many locals, it has been standard practice to cope with risks without insurance. (Photo by Ken Kobayashi)

YUICHI NITTA and THUREIN HLA HTWAY, Nikkei staff writers

YANGON -- Myanmar's insurance market will soon face a sea change led by technologies and expertise brought in by foreign companies.

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