Typhoon Yagi a wake-up call for Vietnam’s insurance needs

Typhoon Yagi a wake-up call for Vietnam’s insurance needs

With serious damages of Typhoon Yagi, Vietnamese people are urged to pay more attention to insurance in response to unexpected events.
Major bancassurance deals may be at peak

Major bancassurance deals may be at peak

The recent termination of some major bancassurance partnerships in Vietnam reflects a challenging market environment, but opportunities remain for a more transparent and sustainable revival in the sector.
Typhoon could change mindsets in insurance sector

Typhoon could change mindsets in insurance sector

Experts predict that Typhoon Yagi will prompt consumers to re-evaluate the role of insurance in disaster protection, pushing insurers to adopt technology for faster damage assessments and quicker payouts.
Manulife Vietnam and Techcombank to end their exclusive distribution partnership

Manulife Vietnam and Techcombank to end their exclusive distribution partnership

Manulife Vietnam and Techcombank today announced updated information on their exclusive insurance distribution partnership in Vietnam.
General director of Shinhan Life Vietnam: Challenges offer pause for quality improvement

General director of Shinhan Life Vietnam: Challenges offer pause for quality improvement

Bae Seung Jun, general director of Shinhan Life Vietnam, delves into the company’s strategy to enhance product and service quality, especially measures for monitoring sales teams to avoid risks and safeguard customers.
Spate of claims made in typhoon aftermath

Spate of claims made in typhoon aftermath

Insurers are processing widespread claims following Typhoon Yagi, with compensation efforts focusing on businesses, industrial facilities, and vehicle owners. Meanwhile, smaller businesses and homeowners are being encouraged to review their coverage options for future protection against natural disasters.
Insurance companies can regain customer trust

Insurance companies can regain customer trust

The massive claims following Typhoon Yagi present an opportunity for the insurance sector to rebuild their reputation and earn customer trust.
Insurers address claims following typhoon Yagi

Insurers address claims following typhoon Yagi

In the wake of Typhoon Yagil, insurance companies in Vietnam are processing claims related to property damage and loss of life.
Mixed fortunes remain in insurance segment

Mixed fortunes remain in insurance segment

Vietnam’s non-life insurance sector is growing robustly, but there remains barriers in bancassurance due to low public awareness and a confusing legal system.
Vietnam life insurance payouts surge 35 per cent to $1.24 billion in H1

Vietnam life insurance payouts surge 35 per cent to $1.24 billion in H1

Life insurers in Vietnam disbursed $1.238 billion in claims in the first half of 2024, marking a 35 per cent increase on-year.
German insurer increases stake in PVI

German insurer increases stake in PVI

HDI Global SE acquired three million shares of PVI Corporation on July 17.
PVI Insurance tops market for average labour productivity

PVI Insurance tops market for average labour productivity

PVI Insurance has been named the most reputable insurer in Vietnam for 2024.
Liberty Insurance reaffirms pioneering position as International General Insurer of the Year

Liberty Insurance reaffirms pioneering position as International General Insurer of the Year

Liberty Insurance Co., Ltd. won the International General Insurer of the Year at the Insurance Asia Awards (IAA) 2024 ceremony held in Singapore.
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