insurance operations threatened by climate risks

Insurance operations threatened by climate risks

The insurance sector can be a game-changer by managing risks from climate change in Asia-Pacific, protecting ecosystems, and supporting the shift towards a sustainable future.
sun life vietnam digital transformation to enhance the customer journey

Sun Life Vietnam: Digital transformation to enhance the customer journey

With a history of 160 years operating in many countries, the Canadian insurer set foot in Vietnam 10 years ago with a commitment to sustainable development. Sun Life Vietnam's determination to win over customers is demonstrated through innovative solutions in both technology, building excellent distribution channels and differentiated services to bring optimised experiences to each individual core.
further scrutiny urged to prevent unethical insurance schemes

Further scrutiny urged to prevent unethical insurance schemes

A Ministry of Finance inspection has unveiled a concerning landscape of regulatory non-compliance and disturbingly high contract termination rates in the life insurance industry, indicating the pressing need for enhanced sector oversight and ethical sales practices.
life insurers under fire over policy deficiencies

Life insurers under fire over policy deficiencies

Vietnam is working to urgently address shortcomings in the cross-selling activities of life insurance policies, highlighting concerns over advisory quality and the need for comprehensive market inspections.
shb courts foreign stakeholders with 22 billion valuation

SHB courts foreign stakeholders with $2.2 billion valuation

Saigon-Hanoi Commercial Joint-Stock Bank (SHB) is engaged in discussions to offload up to a fifth of its equity to overseas investors, according to sources familiar with the matter. The impending deal, which values the Vietnamese lender at between $2 billion and $2.2 billion, is attracting considerable interest from a host of investors, notably those hailing from South Korea and Japan.
bao viet unveils restructuring plan at agm 2023

Bao Viet unveils restructuring plan at AGM 2023

Bao Viet Group outlined its strategic divestment plans and ambitious financial targets at its AGM 2023 in late June.
virtual insurer onedegree raises 27 million for asian expansion

Virtual insurer OneDegree raises $27 million for Asian expansion

Hong Kong-based virtual insurer OneDegree has secured $27 million in funding to fuel its expansion in Asia, with Vietnam identified as an important market for its technology platforms and insurance offerings.
generali vietnam honoured at awards ceremony

Generali Vietnam honoured at awards ceremony

Generali Vietnam has been honoured at the 'Top 100 best products and services for families and children' awards for its pioneering education-focused, unit-linked insurance solution, 'VITA – Cho Con'.
insurers to face penalties for wrongdoing in bancassurance sales

Insurers to face penalties for wrongdoing in bancassurance sales

The Ministry of Finance (MoF) inspection reveals regulatory violations by Prudential, MB Ageas Life, Sun Life, and BIDV Metlife in their bancassurance sales practices, leading to impending penalties and increased scrutiny in the Vietnamese insurance market.
home credit vietnam and msig vietnam celebrate 18 months of strategic partnership

Home Credit Vietnam and MSIG Vietnam celebrate 18 months of strategic partnership

In June, Home Credit Vietnam and MSIG Insurance Vietnam celebrated the 18-month milestone of their strategic partnership, marking the outstanding business performance that has brought great value to customers.
vietnam report reveals top 10 insurance companies in vietnam in 2023

Vietnam Report reveals Top 10 insurance companies in Vietnam in 2023

Vietnam Report has just released its highly anticipated list of the 10 most reputable insurance companies in Vietnam for 2023. The list encompasses two categories, life insurance and non-life insurance.
generali vietnam launches campaign to support vietnamese children

Generali Vietnam launches campaign to support Vietnamese children

In the Month of Action for Children 2023, Generali Vietnam Life Insurance Co., Ltd. has collaborated with the National Fund for Vietnamese Children (NFVC) to officially launch the “Suc khoe trao Minh – Truong moi trao Em” (Health for Us – School for Kids) fundraising campaign.
prudential vietnam and vib enter bancassurance partnership

Prudential Vietnam and VIB enter bancassurance partnership

The extension of the strategic bancassurance partnership between the two businesses underscores the objective of both sides to bolster future confidence for Vietnam’s bancassurance sector.
the heritage and foundation to innovate for vietnam

The heritage and foundation to innovate for Vietnam

How can a 111-year-old company keep up with the rapid pace of innovation and provide groundbreaking solutions that meet the evolving needs of its customers, agents and partners? Nga Tran, head of Distribution at Liberty Insurance Vietnam, a subsidiary of Liberty Mutual Insurance, spoke to Linh Le about why businesses need a reliable insurance partner to help safeguard the things that matter most to them.
woori bank vietnam partners with samsung vina insurance to offer property insurance services

Woori Bank Vietnam partners with Samsung Vina Insurance to offer property insurance services

Woori Bank Vietnam and Samsung Vina Insurance have forged a strategic alliance to enhance property insurance operations, offering more options to new insurance services for corporate clients while strengthening Woori Bank's competitive position.