Based in the central location of South Asia and Southeast Asia in Yunnan Province, Taiping Property & Casualty Insurance Yunnan Branch focuses on the main business of insurance, gives full play to the advantages of cross-border operation, and actively promotes the innovation and practice of short-term insurance products for cross-border vehicles in China and Myanmar.
Since May 2023, Taiping P&C Insurance Yunnan Branch has underwritten the first Myanmar temporary entry vehicle insurance, and as of March 5, 2024, it has provided insurance coverage of more than 2.5 billion yuan for 2,185 Myanmar temporary entry vehicles.
The short-term insurance of China-Myanmar cross-border vehicles is an innovative measure for Taiping Property Insurance Yunnan Branch to actively explore cross-border insurance protection along the "Belt and Road", actively integrate into and serve the national strategy. **The Economic Work Conference stressed that in 2024, it is necessary to expand high-level opening-up and support the implementation of the eight actions of high-quality Belt and Road cooperation.
Yunnan Province has 8 states (cities and counties (cities) are bordered by Myanmar, Laos, Vietnam, has a good border environment, the next step, Taiping Property Insurance Yunnan Branch will be based on the southwest border, play the role of insurance economy "shock absorber" and "stabilizer", continue to do a good job in cross-border vehicle customer insurance protection services, and help the "Belt and Road" along the border country policy communication, smooth and people-to-people communication.