Financial Regulatory Department, under the Ministry of Planning and Finance, Nay Pyi Taw held theregular meeting (1 / 2017),dated (23-1-2017) on Monday from 10:00 to 17:00, at the meeting room, to discuss about the subject to strengthen the insurance market development in Myanmar and to solve the problems of the insurer and the insurance companies in line with law and rules, to establish the Open Insurance Market Operation, to establish the Pure (Perfect) Competition Market, to be non-monopolistic stage, enable to operate the co-insurance by the local/foreign companies, to have Heterogeneous products, to create free entry to and exit from the insurance industry and to collect the transparent and free information in Insurance Sector of Myanmar.