Manulife Vietnam scores strong growth

December 04, 2012 | 09:55

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Manulife Vietnam just released its third quarter financial statement reflecting the company’s high and stable development.

To the year ending September, the company saw its total premium revenue surge 22 per cent and premiums from new policies hiking 20 per cent on-year.

The company’s team of professional insurance agents witnessed constant growth with 3,500 new agents employed in 2012’s third quarter. Careful selection and in-depth training of its agent force to bring customers professional financial advisory services is central to the company’s development strategy. By the end of the third quarter 2012, the company had a network of 11,200 professional agents.

Within the third quarter the life insurer launched two new universal life products named ‘Manulife – My Dream,’ designed for younger customers and ‘Manulife – My Love’ for people age 40 and above.
These new products, offering customers a shorter premium period of only six years to be insured in 20 years, are comprehensive financial solutions for young and over 40-year olds who want to fund their policies quickly.