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.
General Insurance
Property Insurance
Cargo Insurance
Motor Insurance
Marine Hull Insurance
Motorcycle Insurance
Cash Insurance
2013
On 6-10-2013, launched Life Insurance started with 40 strong staff.
2016
On 18-November 2016, Young Insurance started both Life and General Insurance increasing it’s staff to 80 due to General Insurance Market grows up.
2018
In 2018, Young Insurance could extend it insurance branches at Ywarthargyi, Theinphyu, Naypyitaw and Mandalay progressively performing with 150 staff.
General Insurance
Property insurance
Comprehensive Motor Insurance
Cash in safe Insurance
Cash in Transit Insurance
Fidelity Insurance
Cargo Insurance
Marine Hull Insurance
Life Insurance
Group life insurance
Education Life Insurance
Short Term Endowment Life Insurance
Personal Accident Insurance
Travel Insurance
Health Insurance
Micro Health Insurance
Critical Illness Insurance
Snake bit insurance
Farmer Life Insurance