
International Kanbawza Insurance Co., Ltd (IKBZ) of Sagaing Region Head Office (Monywa) gave insurance compensation at Win Unity Hotel in Monywa on 17 January.
Officials of IKBZ presented K22.1 million compensation for outbreak of fire at the building of U Maung Maung-Daw Myo Myo Lin in Monywa Industrial Zone on 28-12-2014 and K3 million of special travel insurance for demise of Maung Shine Ko Ko in traffic accident of Kyei Sin Moe bus line. Marketing manager U Myo Thant Zaw of IKBZ explained types of insurance of the company.
“IKBZ has so far opened 12 branches including Yangon Head Office to give insurance services to the customers. Sagaing Region office was commissioned into service on 4 November 2013,” Deputy Managing Director U Nay Myo Aung told media.