ABOUT US
Young Insurance is a leading international private company in Myanmar which has established in 2013. We aim to broaden insurance industry and to increase awareness about insurance in Myanmar.
YOUNG INSURANCE HOLDING Co, Ltd. is the subsidiary of Young Investment Group, a rapidly growing multi-industry, multinational conglomerate operating Insurance / Finance / Underwriting ,Mining, Telecommunications, Energy, Construction, Trading, Automobile , Agricultural machinery Factory, Multimedia –YTV, Hospitality
- Its headquarter in Myanmar,China and Singapore.
- All kind of Taxes properly levied to Government annually and listed 15th position among Top 50 Best Commercial Tax Payer by Government in 2016-17 FY.
- YIG associated with our group are entirely free from any sanctions or blacklists by the U.S. and EU. ISO Certified the YIG and its subsidiaries.
With the good track record and strong paid up capital, YIG was awarded Insurance License among 12 companies in 2012
The one among 9 companies licensed to operate both General and Life Insurance business
Our History
In 2012, YIG was one of the 12 companies awarded with an insurance license and one of 9 companies able to operate both general and life insurance businesses. The capital requirements to qualify for this license is high. Besides having a clean and proven track record, companies must also set aside an total paid up capital of Ks 46 Billion before they can be awarded the license. Now that we are equipped with this insurance license.
Property Insurance
This could be assured from 10 Days to 1 Year for the Building, Furniture, Machinery, Industrial Equipment and Products those losses and damages by fire.
Motor Comprehensive Insurance
This could be assured from 3 Months to 1 Year for Own Car, Rented Vehicle and Vehicles to use in Business.
Marine Hull Insurance
This is a kind of insurance which is defined by vessels, width, length, height, Gross Registered Tonnage, vessel’s age and water territory.
Cargo Insurance
This is assured for one way trip to transport Local Products from one place to another place. This is for Marine Cargo, by Steamer, by Coastal and Inland Transit Cargo.
Cash In Safe Insurance
This could be assured to safe the cash own from Government, Co-operative Banks, cash in hand of other Private Banks and retained cash from Business Location.
Motorcycle Insurance
To get allowances for motorcycle damages due to accidents, loss of people and other person's properties.
Cash In Transit Insurance
This could be assured from 1 Day to 1 Year when the cash of each organizations transport from one place to another place which is caused disaster by robbery, stealing and other disasters on the route.
Fedility Insurance
This is a kind of insurance to compensate for the losing cash amount which is caused by dishonest and stealing of a staff from Business and Banks.