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Search Results: 909 results for keyword "insurance".
Insurers address claims following typhoon Yagi
10-09-2024 18:07
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
10-09-2024 09:47
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 Power’s Nhon Trach 3 and 4
06-09-2024 10:00
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).
Mixed fortunes remain in insurance segment
20-08-2024 15:23
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
30-07-2024 16:47
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
24-07-2024 19:30
German insurer HDI Global SE acquired three million shares of PVI Corporation on July 17 with plans to increase its stake later in the month.
Bancassurance must deal with stringent new rules
15-07-2024 11:58
Both life and non-life bancassurance is facing pressure to comply with new regulations.
PVI Insurance tops market for average labour productivity
12-07-2024 16:30
PVI Insurance has been named the most reputable insurer in Vietnam for 2024, and it is leading the non-life sector in terms of average labour productivity per year.
Liberty Insurance reaffirms pioneering position as International General Insurer of the Year
11-07-2024 14:04
Liberty Insurance Co., Ltd. won the International General Insurer of the Year – Vietnam award at the Insurance Asia Awards (IAA) 2024 ceremony held in Singapore on July 9.
AIA leads the charge to healthier, longer, better lives
08-07-2024 10:20
AIA Vietnam is navigating the promising yet challenging Vietnamese life insurance market under the helm of newly appointed CEO Andrew Loh, who embodies both dynamic leadership and strategic vision with his long-standing connection to the industry.
Two State-owned insurance firms plan capital divestment to attract foreign investors
03-07-2024 17:12
Vietnam's two largest insurance firms – Baoviet Holdings (HoSE: BVH) and PVI Joint Stock Company (HNX: PVI) - have announced plans to divest State capital.
Lack of transparency holds back insurance
03-07-2024 15:00
Sales of newly issued investment-linked insurance policies have plummeted considerably, reflecting broader challenges in the sector and highlighting the need for increased transparency in insurance products.
K-Sure grants financial support to Korean firms in PetroVietnam projects
25-06-2024 11:30
Korea Trade Insurance Corporation (K-Sure) announced that it will provide $1 billion medium- and long-term financing support to Korean companies securing a project contract with Vietnam's oil and gas group PetroVietnam.
Insurance firms to bounce back in 2024
17-06-2024 15:24
A recent survey conducted by Vietnam Report between May and June found that a remarkable 45.6 per cent of insurance firms expect the insurance industry to grow nearly 5 to 10 per cent in 2024. Nearly 32 per cent of surveyed firms believe the economy will maintain a stable growth rate of 5.5 per cent.
Life insurance players seek to rebuild trust
28-05-2024 09:03
Vietnam’s life insurance industry, noted for its stringent regulations, should enhance product quality, transparency, and stakeholder balance for sustainable development, industry leaders have urged.
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