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  1. Yangon University of Economics
  1. Yangon University of Economics
  2. Master of Banking and Finance (MBF/EMBF)

INCOME CONTRIBUTION OF INSURANCE PRODUCTS IN MYANMA INSURANCE (Khin Mar Lar, 2019)

http://hdl.handle.net/20.500.12678/0000001216
http://hdl.handle.net/20.500.12678/0000001216
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5b449a2f-c046-4440-96ba-c32865190475
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Title
Title INCOME CONTRIBUTION OF INSURANCE PRODUCTS IN MYANMA INSURANCE (Khin Mar Lar, 2019)
Language en
Publication date 2019-12-02
Authors
Khin Mar Lar (MBF - 29)
Description
This study focuses on the identification of the income contribution of insurance products in Myanma Insurance. Two main objectives of this study are to identify major insurance products of Myanma Insurance and to examine the income contribution of insurance products in Myanma Insurance. The method is the descriptive method by using only secondary data from Myanma Insurance from 2000-2019. Secondary data is collected from five departments of Myanma Insurance such as Life insurance, Motor Insurance, Fire, Miscellaneous and Engineering Insurance, Marine, Aviation & Travel Insurance, and Reinsurance are increased yearly from 2000 to 2019. The data is used the official numbers of Myanma Insurance from 2000 to 2019. The rationale of this study is to show that reducing the burden of uncompensated accident victims and the uncertainty of society. Insurance helps in replacing risk thus insurance is not only an important aid to industry and commerce but also provides great benefits to the society as a whole. Findings, Myanma Insurance is the state-owned enterprise, the income contributed to National Income is very higher than other financial institutions. According to the income and expenditure, the premium income is increasing year by year. Therefore, the suggestion of this study is that insurance is providing stability and safety for future businesses and society. The insurance market needs to come up with a much more efficient system to mass-produce qualified agents and distribution channels to boost insurance penetration in Myanmar.
Journal articles
Yangon University of Economics
Thesis/dissertations
Yangon University of Economics
Daw Khin Nwe Ohn
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