AmCham Hanoi to support Vietnam's insurance industry

AmCham Hanoi to support Vietnam's insurance industry

Approximately 850 non-life insurance products and 450 life insurance products are now available on Vietnam’s market, as estimated by AmCham Hanoi.
South Korean insurers exploit big growth potential

South Korean insurers exploit big growth potential

South Korean insurers are conveying tremendous efforts to embrace Vietnam’s insurance industry, citing the country’s plethora of growth outlook.
VietinBank and Manulife Vietnam activate exclusive cooperation agreement

VietinBank and Manulife Vietnam activate exclusive cooperation agreement

VietinBank and Manulife Vietnam have officially launched their joint operations under an exclusive cooperation agreement lasting 16 years.
Central bank to keep watch on bancassurance activities

Central bank to keep watch on bancassurance activities

Bancassurance activities will have to strictly comply with the provisions of the Law on Insurance Business, according to the State Bank of Vietnam (SBV).
Generali supports orphans impacted by pandemic before Lunar New Year

Generali supports orphans impacted by pandemic before Lunar New Year

Italian-backed life insurer Generali Vietnam organised the Tomorrow for our Children programme, comprising a wide range of fundraising activities to deliver 500 sets of Lunar New Year gifts and cash to 500 underprivileged children orphaned by the pandemic
Hanwha Life Vietnam and Viettel Post team up on insurance distribution

Hanwha Life Vietnam and Viettel Post team up on insurance distribution

South Korean life insurer Hanwha Life Vietnam has recently signed an agreement with military-run Viettel Post Corporation on the distribution of insurance products.
Generali launches new policy kit with innovative features

Generali launches new policy kit with innovative features

Italian-backed life insurer Generali Vietnam has just launched a new policy kit with pioneering innovations in content, design, and customer experience.
Insurers juggle with market share shifts and moderate gains

Insurers juggle with market share shifts and moderate gains

Despite severe economic impacts caused by the health crisis, non-life insurers continue to manoeuvre through the turmoil.
Agribank and FWD Vietnam enter bancassurance partnership

Agribank and FWD Vietnam enter bancassurance partnership

The Vietnam Bank for Agriculture and Rural Development and FWD Vietnam Life Insurance Co., Ltd. have launched a new bancassurance partnership on January 12, designed to better meet the financial and insurance needs of Vietnamese people.
Joint initiatives shake up insurance

Joint initiatives shake up insurance

An increase in the conducive socio-demographic characteristics and accelerating digital adoption, correlated with a greater perception of insurance products, have all been taken into account by international and domestic insurers as reasons for their renewed interest in collaborations with Vietnamese banks.
Domestic insurance market expects double digit growth in 2022

Domestic insurance market expects double digit growth in 2022

Hanoi - The country’s total insurance premium revenue in 2022 is estimated at VND253.7 trillion (US$111.1 million), up 18.04 per cent compared to 2021, according to the Department of the Insurance Supervisory Authority.
Shinhan Life Vietnam and BOM Finance sign insurance business partnership

Shinhan Life Vietnam and BOM Finance sign insurance business partnership

South Korean life insurer Shinhan Life Vietnam Co., Ltd. has just signed a strategic cooperation with BOM Finance Service Vietnam on the provision of professional consultancy and distribution of life insurance products.
Kyobo Life Insurance in talks with potential Vietnamese partners

Kyobo Life Insurance in talks with potential Vietnamese partners

Kyobo Life Insurance, South Korea's third-biggest insurer, has expressed intentions to partner up with Vietnamese insurers.
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