May 2020

2020 Myanmar Insurance & Reinsurance Guide

The Myanmar insurance market has taken significant steps toward liberalisation and is providing a chance for greater economic development. Amid these uncertain times, companies operating in Myanmar will need to understand what forms of insurance are offered and how coverage can protect their business.

ZICO Law Myanmar has authored the 2020 Myanmar Insurance & Reinsurance Guide as published by Chambers and Partners. The Guide covers the main sources of law governing the insurance sector with topics including:

  1. Basis of Insurance and Reinsurance Law
  2. Regulation of Insurance and Reinsurance
  3. Overseas Firms Doing Business in this Jurisdiction
  4. Transaction Activity
  5. Distribution
  6. Making an Insurance Contract
  7. Alternative Risk Transfer
  8. Interpreting an Insurance Contract
  9. Disputes
  10. Insurtech
  11. Emerging Risks and New Products
  12. Recent and Forthcoming Legal Developments
  13. Other Developments

 

Accreditation: The 2020 Myanmar Insurance & Reinsurance Guide was first published in January 2020 as part of Chambers and Partners’ Global Practice Guides. Please refer here for more details.

Subject matters: Insurance Claims
Jurisdictions: Myanmar

Author

Executive Chairman
ZICO Law Myanmar
Thuzar Tin
Senior Associate
ZICO Law Myanmar

Announcement

On 1 December 2022, KPMG and ZICO Law entered into an agreement under which a number of law firms and teams from the ZICO Law network have joined the KPMG network of firms.

The deal will see more than 275 lawyers join over 2,900 legal professionals in the KPMG global organization, creating a significant legal footprint across Asia. It will offer legal services and solutions, a globally connected legal services platform, and specialists who work with leading technology providers to modernize legal functions across organizations. The strategic combination increases the total number of legal professionals in the KPMG network to over 3,750 across 84 jurisdictions. You may read the press release here.

For more information and to see how we can assist you in your desired jurisdiction, please follow the links below: