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.
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.
16-05-2024 23:00
Stricter penalties are being called for when employers delay or evade mandatory insurance payments, damaging the rights and benefits of workers.
09-04-2024 09:54
After a decade of consistent growth, Vietnam’s insurance industry is now undergoing a period of adjustment. The total insurance premium in 2023 fell by 8.4 per cent to $9.5 billion, with the life insurance sector experiencing the most significant on-year decline at 12.5 per cent.
05-04-2024 15:15
Following approval from the Ministry of Finance, Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) announced on March 29 that the company has recently increased its charter capital from VND16.48 trillion ($660 million) to VND17.94 trillion ($718.6 million).
02-04-2024 12:42
Efforts are gearing towards improving the relevant regulatory system for social insurance fund efficiency, further fostering economic development as well as social wellbeing.
28-03-2024 17:22
On March 26, AIA (Vietnam) Life Insurance Co., Ltd. officially announced the appointment of Andrew Loh as its new chief executive officer.
25-03-2024 16:23
As one of the most populous cities in the country with a population of about 10 million people, the capital city of Hanoi has faced a lot of social issues relating to security and order, social evils and employment.
22-03-2024 18:09
PetroVietnam Insurance Corporation (PVI) passed an ambitious revenue target of $725 million for 2024 at its AGM on March 21, a record figure representing an 8.17 per cent increase on-year.
19-03-2024 10:05
The Ministry of Finance is going to conduct inspections on six insurers, with a focus on those involved in bancassurance.
18-03-2024 18:11
Shinhan Life Vietnam has introduced an endowment insurance product with enhanced protection benefits called ‘Shinhan – Song An Vui’.
14-03-2024 16:47
Liberty Insurance Vietnam and Mercedes-Benz Vietnam on March 11 signed an agreement regarding the Mercedes-Benz Car Insurance programme to help customers access a comprehensive auto insurance solution.
08-03-2024 14:34
Australian insurtech firm Hillridge launched a new partnership with Bao Minh Insurance on March 7 that offers its new Typhoon Index Insurance product, a Vietnam-first new parametric product to protect Vietnamese acacia timber farmers from the nation's devastating typhoons.
22-02-2024 11:13
Vietnam is poised for significant insurtech growth, driven by its modest insurance penetration rate and growing demand.
21-02-2024 10:25
Korean-backed Shinhan Life Insurance Vietnam Co., Ltd. officially introduced its financial consultancy FC Channel today, underlining the company’s strong commitment to implementing sustainable and long-term growth strategies in the Vietnamese market, while providing Vietnamese customers with access to comprehensive and tailored financial protection solutions.