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.
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.
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.
South Korean DB Insurance acquires 75 per cent stake in Saigon - Hanoi Insurance Corporation

South Korean DB Insurance acquires 75 per cent stake in Saigon - Hanoi Insurance Corporation

DB Insurance continues its expansion in the Vietnamese insurance market with the acquisition of a 75 per cent ownership stake in Saigon - Hanoi Insurance Corporation (BSH).
Chubb Life Vietnam and Hong Leong Bank bring more choice to customers

Chubb Life Vietnam and Hong Leong Bank bring more choice to customers

Chubb Life Vietnam and Hong Leong Bank have formalised a strategic partnership agreement to deliver Chubb Life's Life Insurance solutions to more customers.
MoF urgently orders inspections at four life insurance companies

MoF urgently orders inspections at four life insurance companies

The Ministry of Finance (MoF) has just assigned the Insurance Supervisory Authority the urgent task of conducting inspections at four insurance companies.
MIC to look for strategic foreign investor in potential M&A deal

MIC to look for strategic foreign investor in potential M&A deal

Military Insurance Corporation (MIC) has green lit a plan to look for strategic investors in 2023 as part of its ongoing 2022-2026 strategic roadmap.
Appetite increasing for mega-deals in insurance

Appetite increasing for mega-deals in insurance

Foreign and domestic investors in Vietnam’s insurance sector are gaining momentum with new agreements, despite global volatility.
Awareness must blossom for insurtech to prosper

Awareness must blossom for insurtech to prosper

Vietnam’s insurance market, particularly digitally non-life insurance products which cater to the specific needs of customers, is still in its infant stage.
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.
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.
South Korean insurer to acquire 75 per cent stake of VNI

South Korean insurer to acquire 75 per cent stake of VNI

VNI has announced information concerning an intended major transfer of shares to a South Korean insurance firm.
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.
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