Generali Vietnam honoured with prestigious awards

April 14, 2022 | 12:49
Italian-backed life insurer Generali Vietnam reaffirmed its market-leading position in investment-linked insurance when it was recognised as the leading investment-linked insurance product provider in the country in the Golden Dragon Awards 2022.
Generali Vietnam honoured with prestigious awards
Generali was recognized as “Leading investment-linked insurance product provider in Vietnam” in the Golden Dragon Awards 2022

Generali was also honoured among the top 50 foreign-invested enterprises in green growth and sustainable development for the 2021-2022 period.

With exceptional flexibility and outperforming investment returns, Generali’s products have quickly gained popularity and become highly sought after.

Generali’s two investment-linked products VITA - Song Thinh Vuong and VITA - Dau Tu Nhu Y were both praised for their unique investment mechanisms, with four investment funds – two equity funds and two bond funds – managed by VinaCapital and Dragon Capital – Vietnam’s two leading fund managers.

Generali Vietnam honoured with prestigious awards
Generali was honored among the “Top 50 outstanding FDI enterprises in green growth and sustainable development 2021-2022” with the “Leading investment-linked insurance product provider in Vietnam” award.

Such a mechanism allows Generali to leverage each fund manager’s strengths and promote healthy competition between the two companies to optimise investment performance.

With exceptional flexibility and outperforming investment returns, Generali’s investment-linked products have quickly gained popularity and become highly sought after.

The investment funds have risen to lead the market in terms of performance with returns of the Strategic Growth Fund and the Active Growth Fund reaching 52.4 per cent and 45.5 per cent respectively.

The Strategic Accumulation Fund and the Active Accumulation Fund also posted very positive investment returns of 9.2 per cent and 8.4 per cent respectively.

In addition, VITA - Dau Tu Nhu Y has been favourited for its competitive premiums and optimum flexibility. At the same premium, customers can select from four different protection options to meet their needs. Customers can also choose to opt for simplified underwriting with no medical examination required.

Generali Vietnam honoured with prestigious awards
Generali’s two investment-linked products were both praised for their unique investment mechanisms

Tina Nguyen, Generali Vietnam CEO said, “We are passionate about developing products that suit customers’ needs. We are very proud when our investment-linked products are so well-received by the market. This award will motivate us to continue to listen to our customers and our agents, and to keep exploring and innovating to create even better products.”

Apart from the comprehensive protection benefits and outstanding investment performance offered by Generali's investment-linked products, customers can also enjoy best-in-class service quality as the company continuously invests in enhancing its customer experience.

Its continued efforts in this space enabled the company to lead the market in terms of relational net promoter score – measuring overall customer satisfaction with the company – in 2020 and 2021.

Generali Vietnam honoured with prestigious awards
The Golden Dragon Awards aim to recognise pioneering foreign-invested enterprises for innovation, green transformation, and technology adoption

The Golden Dragon Awards are organised annually by the Vietnam Economic Times with assessments based on surveys and voting. Foreign-invested enterprises pioneering in innovation, green transformation, and technology adoption are recognised.

Generali Group is one of the largest global insurance and asset management providers in Italy.

Established in 1831, it is present in 50 countries and had a total premium income of €75.8 billion ($82.64 billion) in 2021. With more than 75,000 employees serving 67 million customers globally, Generali has a leading position in Europe and an increasingly significant presence in Asia and Latin America.

By Anh Duc

What the stars mean:

★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional