prudential extends premium payment period to up to 120 days

Prudential extends premium payment period to up to 120 days

On September 6, Prudential Vietnam Assurance Private Ltd. has received approval from the Ministry of Finance, to extend the grace period from the standard 60 to 120 days for all of its policyholders who have premium payments with due dates from August 30 to December 31.
influential institutions look to wind down coal activities

Influential institutions look to wind down coal activities

Some international lenders, funds, and insurers are joining a growing list of financial institutions across the globe retreating from coal-fired power plants, particularly projects in Vietnam and other Asian nations, as concerns grow over the role that fossil fuels play in exacerbating the adverse impacts of climate change.
prudential honoured with 2020 tech savvy performer award

Prudential honoured with 2020 Tech Savvy Performer Award

UK-backed life insurer Prudential Vietnam and its digital insurance product PRU-Guard 24/7 were honoured with the 2020 Tech Savvy Performer Award at the annual Shopee Brands and Partners Conference 2021.
golden population structure and financial pressure in an aging society

Golden population structure and financial pressure in an aging society

One of the 10 countries with the fastest ageing population in the world, Vietnam has an estimated 30 years within the “golden population structure” period, considerably shorter than many neighbouring countries. The rapid ageing rate and the low ratio of independent seniority are expected to entail pressures and burdens on social security.
prudential vietnam reaffirms sustainable growth goals in 2020

Prudential Vietnam reaffirms sustainable growth goals in 2020

Prudential Vietnam reaffirmed a year of sustainable growth and enhancements in its business operations in 2020 while continuing to prioritise the health and wealth of customers and contribute to the country’s economic development.
prudential vietnam and seabank strengthen strategic partnership

Prudential Vietnam and SeABank strengthen strategic partnership

At the first anniversary of the 20-year exclusive bancassurance partnership between UK-backed life insurer Prudential Vietnam and Hanoi-based commercial lender Southeast Asia Bank (SeABank), the two companies signed an MoU to distribute Prudential Vietnam’s digital insurance product PRU-Guard 24/7 through SeABank’s e-banking platform.
insurance businesses cashing in on pandemic

Insurance businesses cashing in on pandemic

While life insurers continue to embark on their transformation journey to gain customers’ trust, non-life insurers are likely to dance on the razor’s edge as the pandemic re-emergence exerts pressure into the sector.
prudential vietnam announces phuong tien minh as new ceo

Prudential Vietnam announces Phuong Tien Minh as new CEO

UK-backed life insurer Prudential Vietnam Assurance Private Ltd. today announced that Phuong Tien Minh has joined the company as its new CEO, effective from June 3.
prudential vietnam launches pulse by prudential

Prudential Vietnam launches Pulse by Prudential

Using AI-powered self-help tools and real-time information, Pulse by Prudential serves as a 24/7 smart health assistant for users, empowering them to take control of their personal health and wellbeing anytime, anywhere.
prudential vietnam delivers strong results in fiscal year 2019

Prudential Vietnam delivers strong results in fiscal year 2019

Prudential Vietnam has just announced its business results for the year ending in December 2019, reaffirming the insurer’s financial strength and ability to deliver on its promises to customers.
local insurers cash in on pandemic

Local insurers cash in on pandemic

While the coronavirus pandemic has dealt a blow to key industries from services to trade and manufacturing, insurance continues to shine bright during the escalating crisis.
prudential vietnam launches new signature healthcare rider

Prudential Vietnam launches new signature healthcare rider

Vietnam Assurance Private Ltd. (Prudential Vietnam) has launched the healthcare rider “Pru-Hanh Trang Vui Khoe”, a comprehensive solution providing customers with a unique revival benefit. In case of complete exhaustion of the Inpatient Benefit Policy Annual Limit, customers can receive an addition of up to 100 per cent of the initial inpatient benefit policy annual limit for hospitalisation. It is designed to financially protect customers against unexpected health risks and provide them with additional peace of mind.
prudential called to separate into two companies

Prudential called to separate into two companies

Third Point, the US-based hedge fund led by billionaire Daniel Loeb as well as a shareholder holding $2 billion in Prudential, said the London-based insurer should separate into two companies.
prudential vietnam provides extra protection against novel coronavirus

Prudential Vietnam provides extra protection against novel coronavirus

Prudential Vietnam is providing extra protection for customers affected by the novel coronavirus with the coverage of up to VND20 million ($870) per patient.
prudential vietnam and seabank establish exclusive bancassurance partnership

Prudential Vietnam and SeABank establish exclusive bancassurance partnership

Prudential Vietnam Assurance Private Ltd. (Prudential Vietnam), a subsidiary of Prudential Plc., and Southeast Asia Commercial Joint Stock Bank (SeABank) have entered into an exclusive bancassurance partnership with a 20-year term. Prudential Vietnam will also become the preferred life insurance provider to BRG Group, a leading conglomerate in Vietnam with approximately 10 million customers. The partnership is expected to be effective from April 2020.