evaluating the elements at heart of non life insurance

Evaluating the elements at heart of non-life insurance

Customers should carefully consider the terms of non-life insurance contracts to ensure optimal benefits before buying any products. Vo Manh Tin, deputy general director of AAA Insurance Company, chatted to VIR’s Le Luu about the current trends in the sector.
understanding regulations on new business insurance law

Understanding regulations on new business insurance law

The Law on Insurance Business, which became effective in January for most of its content, is considered the backbone of legal instruments in Vietnam.
vietnams non life insurance market continues to lure foreign capital

Vietnam’s non-life insurance market continues to lure foreign capital

Vietnam’s non-life insurance market has continued to attract foreign investors in the first months of this year.
foreign focus retained in insurance

Foreign focus retained in insurance

Capital advantages, brand reputation, and insurance consumption behaviour are being deemed the reasons why the majority of insurance brokerage market share in Vietnam is in the hands of foreign companies.
new resolution introduced to address medical equipment drug shortage

New resolution introduced to address medical equipment, drug shortage

Experts have welcomed new plans to address challenges in the procurement and bidding for drugs and medical equipment.
ceo of generali international visits vietnam

CEO of Generali International visits Vietnam

Jaime Anchustegui, CEO of Generali International, made a visit to Vietnam on February 27 as the group continues to pledge its long-term commitment to the market with its fast-growing, successful local business – Generali Vietnam Life Insurance Co., Ltd.
south korean insurer to acquire 75 per cent stake of vni

South Korean insurer to acquire 75 per cent stake of VNI

Vietnam National Aviation Insurance JSC (VNI) has announced information concerning an intended major transfer of shares to a South Korean insurance firm along with an updated agenda for the 2023 extraordinary general meeting of shareholders.
a remarkable first year journey for shinhan life in vietnam

A remarkable first-year journey for Shinhan Life in Vietnam

During its one-year presence in Vietnam, Shinhan Life – a life insurance company from South Korea – has had an impressive journey to successfully surpass its set goals and begin operations.
labour markets growth an opportunity for improving social welfare

Labour market’s growth an opportunity for improving social welfare

The capital city of Hanoi’s labour market has seen positive developments after the Tet (Lunar New Year) holiday, presenting a ‘golden opportunity’ for the sustainable development and expansion of the social insurance system.
insurance groups take on legal switch

Insurance groups take on legal switch

Entering 2023, insurance companies are expected to move into a new era as the legal environment for the sector is refined.
ai in insurance the inevitable trend in digital transformation

AI in insurance - The inevitable trend in digital transformation

With digital transformation being an inevitable movement, partnering with insurtech companies is an effective way for insurance companies in Vietnam go faster and smarter in the digital race.
shinhan life vietnam introduces flexible life insurance solution

Shinhan Life Vietnam introduces flexible life insurance solution

Korean-owned Shinhan Life Vietnam has recently launched “Shinhan – Song Khoe with Fantastic Four S-Plus,” a flexible life insurance solution that offers a wide range of options to optimise protection for each customer.
insurance groups urged to go public when viable

Insurance groups urged to go public when viable

While the life insurance market witnessed strong revenue growth by the end of the third quarter, related concerns are still overshadowing the market as the ability to attract foreign capital, as well as the number of listed insurance companies, are still limited.
rice farmers provided blockchain based weather insurance for first time

Rice farmers provided blockchain-based weather insurance for first time

Vietnamese farmers will soon have the opportunity to share the risk of loss of rice yields caused by floods and shifting rainfall patterns thanks to weather index insurance with an affordable premium.
insurance sector seeks solutions to increase access for all

Insurance sector seeks solutions to increase access for all

Policymakers, insurers, and experts gathered at the Vietnam Actuarial Conference (VAC) 2022 on November 24 to discuss possible solutions to provide better insurance access for Vietnamese customers.