German insurer increases stake in PVI

German insurer increases stake in PVI

HDI Global SE acquired three million shares of PVI Corporation on July 17.
Bancassurance must deal with stringent new rules

Bancassurance must deal with stringent new rules

Both life and non-life bancassurance is facing pressure to comply with new regulations.
AIA leads the charge to healthier, longer, better lives

AIA leads the charge to healthier, longer, better lives

AIA Vietnam is navigating the promising yet challenging Vietnamese life insurance market under the helm of newly appointed CEO Andrew Loh
Lack of transparency holds back insurance

Lack of transparency holds back insurance

Sales of newly issued investment-linked insurance policies have plummeted considerably, reflecting broader challenges in the sector and highlighting the need for increased transparency in insurance products.
Insurance firms to bounce back in 2024

Insurance firms to bounce back in 2024

Insurance firms are expected to bounce back in 2024 due to improved consumer and business confidence.
Harsher actions demanded for insurance evasion

Harsher actions demanded for insurance evasion

Stricter penalties are being called for when employers delay or evade mandatory insurance payments, damaging the rights and benefits of workers.
Pivotal time for makeup of Vietnamese insurance

Pivotal time for makeup of Vietnamese insurance

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.
Fund for social insurance to be bolstered

Fund for social insurance to be bolstered

Efforts are gearing towards improving the relevant regulatory system for social insurance fund efficiency, further fostering economic development as well as social wellbeing.
Bao Minh Insurance team up with technology partner Hillridge to offer insurance for farmers

Bao Minh Insurance team up with technology partner Hillridge to offer insurance for farmers

Australian insurtech firm Hillridge launched a new partnership with Bao Minh Insurance on March 7 to protect Vietnamese acacia timber farmers.
Non-life segment leads the pack in insurance gains

Non-life segment leads the pack in insurance gains

The life insurance segment in Vietnam is struggling amid a confidence crisis, while non-life insurance has exhibited robust growth and lured in foreign investment.
Bao Viet Life Corporation works for and contributes to the community

Bao Viet Life Corporation works for and contributes to the community

Bao Viet Life Corporation has organised many social activities, including the For a beautiful Vietnam initiative.
Igloo raises $36 million in funding

Igloo raises $36 million in funding

Igloo has secured $36 million in pre-series C funding and is now targeting Vietnam for expansion.
Non-life insurance to engage customers

Non-life insurance to engage customers

The insurance landscape in Vietnam is undergoing massive change. The risks Vietnamese people are exposed to on a daily basis are on the rise and becoming increasingly unpredictable.
Sun Life Vietnam charts sustainable path to long-term client and community value

Sun Life Vietnam charts sustainable path to long-term client and community value

Sun Life Vietnam, part of Canadian insurance giant Sun Life, is navigating a sustainable path by offering enduring value to its clients while making contributions to the larger Vietnamese community.
AAA Insurance rebrands on journey towards top 10 non-life insurers

AAA Insurance rebrands on journey towards top 10 non-life insurers

AAA Insurance Company rebrands.
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