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Myanmar's
Insurance Pricing,

Underwriting Cycle
Modeling & Insurance
Risk Benchmarks

in the New Regulatory
Landscape

Conference 2018

2 & 3 October 2018 * Yangon, Myanmar ***

  1. Overview
  2. Programme
  3. Gallery
  4. Delegates
  5. Exhibitors
  6. Exhibition Opportunities
PROGRAMME
DAY ONE (2 October 2018 )
08:30 Registration
09:00 Introduction
09:15 The insurance industry as a natural stabilizer for the financial industry as a whole in Myanmar
10:00 Morning Refreshments
10:15 Clarity on licensing for foreign insurers and brokers, as well as other issues relevant to the insurance industry
11:00 A glimpse into the current development of Myanmar's insurance market
11:45 How foreign multinational insurers in Myanmar could help shape the regulatory framework
12:30 Lunch
14:00 Exploring the potential changes to the insurance landscape in Myanmar
14:45 How Myanmar insurance players can forge joint ventures with global firms as insurance sector prepares to open up
15:30 Afternoon Refreshments
15:45 Identify areas of possible opportunity, where foreign insurers will be able to leverage their global capabilities
16:30 Panel Discussion
17:00 End of Day 1
DAY TWO (3 October 2018 )
09:00 Introduction
09:15 Moving towards questionless underwriting to deliver a more complete view of a risk which in turn provide protection at a fairer price that reflects the true level of exposure
10:00 Morning Refreshments
10:15 Managing insurance in Myanmar’s liberalized environment - what is the cost of not being prepared?
11:00 Benchmarking of insurance products in Myanmar insurance industry
11:45 The price dynamics of non-life insurance in Myanmar: how insurance companies should respond accordingly
12:30 Lunch
14:00 Elevating compliance risk management in insurance
14:45 Underwriting cycles management, diversification and innovation
15:30 Afternoon Refreshments
15:45 Delivering consistent excellence in underwriting, pricing advantage and claims
16:30 Concluding Panel Discussion
17:00 End of Conference

Insurance providers in Myanmar can expect a more competitive and promising landscape on which to do business, with 55 million people, close to 8% of Asia's population, therefore, Myanmar will be a key insurance market, with an enormous opportunities predicted to hit $2 billion in premiums by 2030, with over the half the population is under 30 where few people have coverage and the middle class is growing


Progress is taking place in Myanmar's insurance sector. In August 2017, the Directorate of Investment and Company Administration (DICA) approved the establishment of Myanmar’s Association of Insurers giving a voice to the industry and Myanmar's twenty-four representative office. Now, Myanmar insurance industry poised for reform, awaits liberalization that will set the tone for new opportunities and challenges in Myanmar's insurance sector that will bring new opportunities to global players wanting to find a footing in Myanmar’s insurance market.

This move and the liberalization are eagerly awaited as Myanmar is one of the last frontiers with enormous opportunities predicted to hit $2 billion in premiums by 2030, with 55 million people, close to 8% of Asia's population, over the half the population is under 30, making working age insurance products the most relevant. For insurance companies that see high potential in a country where few people have coverage and the middle class is growing, Myanmar will be a key insurance market. As such, Myanmar’s Insurance Pricing, Underwriting Cycle Modeling & Insurance Risk Benchmarks in the New Regulatory Conference 2018is a timely platform to provide clarity on licensing for foreign insurers and brokers, as well as to assess readiness for the impending liberalization that will bring best practices in delivering consistent excellence in underwriting, pricing advantage and claims, while providing protection at a fairer price that reflects the true level of exposure, including benchmarking of insurance products in Myanmar insurance industry.