Foreign insurers scrap Myanmar launches over last-minute policy change

New condition throws cold water on plans by Thai and South Korean players

20190801N Myanmar insurance

An insurance agent speaks to prospective customers at an office in Yangon. (Photo by Yuichi Nitta)

YUICHI NITTA, Nikkei staff writer

YANGON -- Three foreign insurance companies have canceled plans to launch operations in Myanmar after the government tweaked the requirements at the last minute.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.