AIA Myanmar set to meet life insurance needs in Myanmar

AIA Myanmar set to meet life insurance needs in Myanmar

From left: Nhon Ly, AIA Myanmar CEO, Ng Keng Hooi, AIA group chief executive and president and U Zaw Naing, secretary of the Insurance Business Regulatory Board. Nyan Zay Htet/The Mynamar Times

AIA Myanmar aims to provide high quality life insurance to meet the needs of policyholders in Myanmar.AIA is one of five wholly owned foreign life insurance providers allowed by the government to operate in Myanmar after the government opened the country’s domestic insurance market to foreign investment last year. AIA received a life insurance licence from the Ministry of Planning, Finance and Industry to operate in Myanmar last November.

AIA provides its service in 18 markets in Asia Pacific and provides long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. It also provides employee benefits, credit life and pension services to corporate clients.

AIA Myanmar CEO Nhon Ly said “We aim to build excitement around the life insurance industry and convey our promise of healthier, longer, better, lives for all. Alongside our commitment to grow the country’s blossoming insurance sector with our partners, we aim to organise more unique occasions to better connect with the people of Myanmar and achieve a brighter future together filled with even more amazing memorable moments.”

 Source: Myanmar Times

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