sun life becomes life insurance partner of saigon heat

Sun Life becomes life insurance partner of Saigon Heat

On October 16, Sun Life Vietnam signed an agreement to become the official life insurance partner for Saigon Heat, the current Vietnam Basketball Association (VBA) champions.
manulife vietnam resolves majority of customer complaints

Manulife Vietnam resolves majority of customer complaints

Manulife Vietnam has provided an update regarding the resolution of customer complaints.
shinhan bank vietnam forges partnership with samsung vina insurance

Shinhan Bank Vietnam forges partnership with Samsung Vina Insurance

Shinhan Bank Vietnam and Samsung Vina Insurance have just announced the signing of a cooperation agreement to distribute Samsung Vina Insurance's property insurance products to the valuable corporate customers of Shinhan Bank Vietnam.
three advanced cybersecurity technologies for banks financial services

Three advanced cybersecurity technologies for banks, financial services

Three zero-trust security technologies for banks, financial service organisations, and insurance companies were introduced at the Smart Banking 2023 international conference and exhibition held in Hanoi on October 6 to help them comply with stringent information security regulations.
banks juggle bancassurance quandary

Banks juggle bancassurance quandary

Some Vietnamese commercial banks have reported a dramatic dip in their bancassurance sales for the first half of the year as the sector navigates controversies and a historically low number of active life insurance contracts.
insurance groups adjust to electric vehicle trends

Insurance groups adjust to electric vehicle trends

Vietnam’s pivot to electric vehicles is driving a profound overhaul in its long-established motor insurance sector, mirroring global trends.
bancassurance difficulties softened by profit results

Bancassurance difficulties softened by profit results

Although a decline in the sale of insurance products through banks has materialised in recent months, the sector remains a lucrative avenue for banks.
shinhan life vietnam appoints new chairman

Shinhan Life Vietnam appoints new chairman

With the approval of Ministry of Finance Shinhan Life Vietnam Co., Ltd. has appointed Bae Seung Jun as the new chairman of the Members’ Council, cum general director from August 8.
liberty insurance receives best companies to work for in asia award

Liberty Insurance receives ‘Best Companies to Work for in Asia’ award

Liberty Insurance Limited, a subsidiary of Liberty Mutual Insurance Group headquartered in the US, has been recognised by the region's leading HR Asia as the first non-life insurer in Vietnam to become an award recipient of Best Companies to Work for in Asia 2023.
generali vietnam implements e kyc stepping up transparent insurance strategy

Generali Vietnam implements e-KYC, stepping up Transparent Insurance strategy

From August 1, Italian-backed life insurer Generali Vietnam has applied mandatory electronic customer identification and authentication.
insurtech groups utilise vietnam for ambitious plans

Insurtech groups utilise Vietnam for ambitious plans

Driving the digital revolution in Southeast Asia’s insurance sector, foreign insurtech companies have identified Vietnam as a burgeoning epicentre for industry innovation and growth.
merger control in vietnam safeguarding fair competition

Merger control in Vietnam: safeguarding fair competition

Vietnam's merger control regime, guided by the Law on Competition, mandates the review of economic concentrations to prevent anti-competitive effects, with specific thresholds triggering mandatory merger filings and additional regulations in industries like insurance and telecommunications.
liberty insurance wins at the iaas for second year in a row

Liberty Insurance wins at the IAAs for second year in a row

Liberty Insurance Limited, a subsidiary of the US-based Liberty Mutual Group, was recognised at the 2023 Insurance Asia Awards (IAAs) in the 'International General Insurer of the Year - Vietnam' and 'Auto Insurance Initiative of the Year - Vietnam' categories.
insurance firms tackle remediation process

Insurance firms tackle remediation process

Recent financial inspections have exposed systemic irregularities in Vietnam’s life insurance sector, triggering swift remedial actions by firms including MB Ageas Life, Prudential Vietnam, BIDV MetLife, and Sun Life Vietnam.
fwd vietnam bolsters capital base in pursuit of market dominance

FWD Vietnam bolsters capital base in pursuit of market dominance

Life insurance firm FWD Vietnam revealed a substantial increase in charter capital for July 2023, taking the total to a staggering VND19.102 trillion ($795.08 million) and solidifying its position at the vanguard of the Vietnamese life insurance market in terms of capital.