insurance market sees q3 rebound

Insurance market sees Q3 rebound

According to statistics from the Vietnam Insurance Association (IAV), in the third quarter (Q3) new business revenue in the life insurance sector surpassed $247 million, showing a slight increase compared to the same period in 2023 which scored $244.7 million.
australians willing to pay more for peace of mind

Australians willing to pay more for peace of mind

Recent research conducted by Budget Direct Home Insurance provides insight into what Australians think about home burglary, how they equip their home and where they want to live.
typhoon yagi a wake up call for vietnams 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.
axa celebrates 8 awards at the hong kong insurance awards 2024

AXA Celebrates 8 Awards at The Hong Kong Insurance Awards 2024

AXA Hong Kong and Macau (AXA) has achieved outstanding success at the Hong Kong Insurance Awards 2024, securing a total of 8 accolades including 2 winners and 6 top-3, recoginising the company's excellence in multiple aspects.
sace and scic sign mou to strengthen cooperation between italy and vietnam

SACE and SCIC sign MoU to strengthen cooperation between Italy and Vietnam

Italian insurance and finance group SACE announced on October 24 that it had signed an MoU with the State Capital Investment Corporation (SCIC).
techcombank to launch new non life insurance company

Techcombank to launch new non-life insurance company

Techcom Non-Life Insurance Joint Stock Company (TCGIns) has received approval from the Ministry of Finance and is scheduled to begin operations in early November.
east coast reigns supreme as the favourite in domestic tourism

East coast reigns supreme as the favourite in domestic tourism

Recent research from Budget Direct Travel Insurance has revealed Australia's favourite destinations and habits when travelling domestically.
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.
how can private investments unlock vietnams healthcare

How can private investments unlock Vietnam’s healthcare?

Vietnam’s healthcare sector has made remarkable strides over the past few decades, shaped by government reforms and increasing private sector involvement. Social health insurance, established in the early 1990s, now covers about 93 per cent of the population, with an annual government budget over $5 billion.
insurance companies can regain customer trust

Insurance companies can regain customer trust

The massive claims faced by insurance firms due to the impact of the storm presents an opportunity for the industry to rebuild their reputation and earn customer trust after a period of crisis.
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, while coordinating with authorities to expedite compensation and ensure a swift recovery for affected customers.
credit over reliance creating imbalance and stagnation

Credit over-reliance creating imbalance and stagnation

Vietnam’s capital markets are underperforming, with excessive reliance on bank credit and stagnant growth in corporate bonds and insurance, highlighting the urgent need for regulatory reforms and diversified funding channels.
companies collaborate to support pv powers nhon trach 3 and 4

Companies collaborate to support PV Power’s Nhon Trach 3 and 4

Citi and ING Germany alongside Export Credit Agency’s Korea Trade Insurance Corporation, K-SURE, and Swiss Export Risk Insurance, SERV, have closed a $521.5 million, 12-year supported financing loan for Petrovietnam Power Corporation (PV Power).