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Best Health Insurance in Myanmar

6 insurers ranked and reviewed Β· Updated May 2026

Sources:Insurance Business Regulatory Board (IBRB)

Healthcare System Overview

Myanmar's insurance market was a state monopoly until 2013 when the government began liberalizing the sector. Health insurance penetration remains extremely low (the market was ~US$1.17 million in gross written premium in 2024). Myanma Insurance (state-owned) was historically the sole insurer. Since liberalization, private domestic and foreign insurers have entered, but political instability since the 2021 coup has severely impacted market development. Foreign life insurers (AIA, Dai-ichi, Manulife) were licensed in 2019-2020.

#1

AIA Myanmar

private
85Score
IBRB: Licensed Foreign Insurer (AIA Group)(2026)
β˜…β˜…β˜…β˜†β˜†3.8satisfaction

Parent Group

AIA Group (100% owned)

Licensed

November 2019

Claims Process

End-to-end digital, paperless

  • Medical reimbursement with cashless claims services
  • End-to-end digital and paperless claims process
  • Backed by AIA Group (largest pan-Asian insurer)
  • English-language service available
#2

GGI Tokio Marine General Insurance Co., Ltd.

Grand Guardian Insurance / GGI Tokio Marine

private
78Score
IBRB: Best-Selling Health Insurance (2017)(2017)
β˜…β˜…β˜…β˜†β˜†3.5satisfaction

Joint Venture

GGI Myanmar + Tokio Marine Japan

Partnership

Since 2019

Award

Best-selling health product (IBRB 2017)

  • Award-winning health insurance product (IBRB 2017)
  • Joint venture with Tokio Marine (Japan's leading general insurer)
  • General insurance including health, motor, and property
  • Combines local knowledge with global expertise
#3

KBZMS General Insurance

private
74Score
IBRB: Licensed Insurer (KBZ Group)(2026)
β˜…β˜…β˜…β˜†β˜†3.3satisfaction

Parent Group

KBZ Group (Myanmar's largest private bank)

Distribution

KBZ Bank network

Product Lines

Health, travel, cash products

  • Health, travel, and cash insurance products
  • Backed by KBZ Group (largest private banking group)
  • Leverages KBZ Bank distribution network
#4

Myanma Insurance

မြန်မာ့ထာမခဢ

public
70Score
IBRB: State-Owned Insurer (Largest by Legacy)(2026)
β˜…β˜…β˜†β˜†β˜†2.8satisfaction

Ownership

Government-owned

Legacy

Sole insurer until 2013

Coverage

Widest legacy network

  • Compulsory and voluntary insurance products
  • Widest coverage in Myanmar by legacy infrastructure
  • State-owned with government financial backing
#5

AYA SOMPO Insurance

private
68Score
IBRB: Licensed Insurer (AYA-Sompo JV)(2026)
β˜…β˜…β˜…β˜†β˜†3.2satisfaction

Joint Venture

AYA Group + Sompo Japan

Product Range

General insurance including health

  • General insurance including health products
  • Joint venture with Sompo Japan (Japanese expertise)
  • Part of AYA Group (major Myanmar conglomerate)
#6

CB Insurance

private
62Score
IBRB: Licensed Insurer (CB Bank Group)(2026)
β˜…β˜…β˜…β˜†β˜†3.0satisfaction

Parent Group

CB Bank Group

Distribution

Banking network

Product Range

General insurance including health

  • General insurance including health products
  • Leverages CB Bank Group distribution network
  • Local market knowledge

About Health Insurance in Myanmar

Myanmar's insurance market was a state monopoly until 2013 when the government began liberalizing the sector. Health insurance penetration remains extremely low (the market was ~US$1.17 million in gross written premium in 2024). Myanma Insurance (state-owned) was historically the sole insurer. Since liberalization, private domestic and foreign insurers have entered, but political instability since the 2021 coup has severely impacted market development. Foreign life insurers (AIA, Dai-ichi, Manulife) were licensed in 2019-2020.

Our editorial team has evaluated and ranked the top 6 health insurers in Myanmar based on editorial ratings from trusted sources, customer satisfaction, financial strength, and coverage quality. Rankings are updated regularly to reflect the latest market changes.

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