Insurance firms to bounce back in 2024

Insurance firms to bounce back in 2024

Insurance firms are expected to bounce back in 2024 due to improved consumer and business confidence.
Life insurance players seek to rebuild trust

Life insurance players seek to rebuild trust

Vietnam’s life insurance industry, noted for its stringent regulations, should enhance product quality, transparency, and stakeholder balance for sustainable development, industry leaders have urged.
Sun Life Vietnam launches "Finance for yourself" children's campaign

Sun Life Vietnam launches "Finance for yourself" children's campaign

Sun Life Vietnam's "Finance for yourself" campaign aims to create an optimistic future for younger generations by empowering them with financial knowledge.
Shinhan Life empowers young generation with career programme

Shinhan Life empowers young generation with career programme

Shinhan Life Vietnam has launched a career programme for school students.
Pivotal time for makeup of Vietnamese insurance

Pivotal time for makeup of Vietnamese insurance

After a decade of consistent growth, Vietnam’s insurance industry is now undergoing a period of adjustment. The total insurance premium in 2023 fell by 8.4 per cent to $9.5 billion, with the life insurance sector experiencing the most significant on-year decline at 12.5 per cent.
Sun Life's charter capital now among the top three largest in Vietnam

Sun Life's charter capital now among the top three largest in Vietnam

Sun Life Vietnam has increased its charter capital to over $718 million.
Fund for social insurance to be bolstered

Fund for social insurance to be bolstered

Efforts are gearing towards improving the relevant regulatory system for social insurance fund efficiency, further fostering economic development as well as social wellbeing.
Andrew Loh appointed AIA Vietnam CEO

Andrew Loh appointed AIA Vietnam CEO

AIA (Vietnam) Life Insurance Co., Ltd. officially announced the appointment of Andrew Loh as its new chief executive officer.
Insurers' 2024 profit targets indicate caution

Insurers' 2024 profit targets indicate caution

Non-life insurers are pursuing robust growth this year, despite many setting prudent profit targets amid the current low-interest environment.
Shinhan Life Vietnam launches endowment insurance product

Shinhan Life Vietnam launches endowment insurance product

Shinhan Life Vietnam has introduced an endowment insurance product with enhanced protection benefits.
Liberty Insurance Vietnam and Mercedes-Benz Vietnam sign insurance deal

Liberty Insurance Vietnam and Mercedes-Benz Vietnam sign insurance deal

Liberty Insurance Vietnam and Mercedes-Benz Vietnam will work together on the Mercedes-Benz Car Insurance programme to help customers access auto insurance.
Bao Minh Insurance team up with technology partner Hillridge to offer insurance for farmers

Bao Minh Insurance team up with technology partner Hillridge to offer insurance for farmers

Australian insurtech firm Hillridge launched a new partnership with Bao Minh Insurance on March 7 to protect Vietnamese acacia timber farmers.
Shinhan Life Vietnam organises career orientation programme for school students

Shinhan Life Vietnam organises career orientation programme for school students

Shinhan Life Vietnam has launched the S-Career programme for high school students.
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