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Search Results: 69 results for keyword "bancassurance".
Pivotal time for makeup of Vietnamese insurance
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.
Bancassurance inspections imminent
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.
Prospects still cloudy for bancassurance
28-02-2024 11:00
Diverse sentiments persist over bancassurance business prospects at local commercial banks, partly driven by a novel policy move.
Bancassurance changes in the name of sustainability
28-02-2024 09:30
Building full infrastructure for bancassurance is vital to improve the customer experience. Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung about the new regulations on bancassurance operations in Vietnam.
Banks juggle bancassurance quandary
06-09-2023 16:56
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.
Bancassurance difficulties softened by profit results
21-08-2023 17:10
Although a decline in the sale of insurance products through banks has materialised in recent months, the sector remains a lucrative avenue for banks.
Insurers to face penalties for wrongdoing in bancassurance sales
03-07-2023 09:47
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.
Bancassurance takes on trust challenges
22-06-2023 09:26
The bancassurance sector is facing challenges amid many partnerships and complaints, requiring stricter regulations and improved governance to restore customer trust.
Prudential Vietnam and VIB enter bancassurance partnership
19-06-2023 11:55
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.
Chubb Life Vietnam and Hong Leong Bank bring more choice to customers
12-06-2023 18:07
Chubb Life Vietnam, a subsidiary of Chubb Life Insurance Co., Ltd., and Hong Leong Bank formalised a strategic partnership agreement on June 12 aimed at delivering Chubb Life's Life Insurance solutions to more customers through an innovative distribution channel.
LienVietPostBank and Dai-ichi Life Vietnam sign exclusive 15-year agreement
23-11-2022 10:13
On November 22, LienVietPostBank and Dai-ichi Life Insurance Company of Vietnam (Dai-ichi Life Vietnam) held the signing ceremony for the exclusive bancassurance agreement at JW Marriott in Hanoi.
Techcombank and Manulife Vietnam celebrate bancassurance partnership success
11-11-2022 16:58
Techcombank and Manulife Vietnam today are delighted to celebrate nine years of their award-winning strategic bancassurance partnership and to reaffirm their commitment to delivering comprehensive solutions that drive financial security for the Vietnamese people.
Orphan contracts cause issues in bancassurance
08-06-2022 11:36
Many bank clients have bought insurance through their banks (bancassurance), but they have received no support from the institutions when problems arose.
LienVietPostBank to sign an exclusive bancassurance agreement in mid-June
30-04-2022 10:01
LienVietPostBank is mulling over an exclusive bancassurance deal after its 5-year agreement with Dai-ichi Life.
FWD leading bancassurance evolution
25-04-2022 15:59
FWD Vietnam Life Insurance Co., Ltd., one of the fastest-growing groups in this segment’s market, is digitalising its business with a solid strategy of developing diversified, simple, and suitable products for customers. VIR’s Binh An talked with Huynh Thanh Phong, FWD’s CEO and executive director, on the insurer’s strategy to become one of the first digital bancassurance businesses in Vietnam.
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