Insurance companies urged to go digital soon

Insurance companies urged to go digital soon

Insurers should promote digital transformation rapidly as, compared to other financial industries, the insurance industry is considered to have slow digital transformation with limited economic efficiency.
Insurers show off digital-led products

Insurers show off digital-led products

To simplify the purchasing process, insurance companies are in a race to launch new digital products while cooperating with the banking industry and e-commerce platforms.
Shinhan Life accelerates distribution channel development

Shinhan Life accelerates distribution channel development

Shinhan Life Vietnam, which started operating in the Vietnamese market early this year, is scaling up its distribution network expansion by collaborating with partners and accelerating product development to quickly offer its best financial solutions to clients.
Insurance rules brushed up in draft

Insurance rules brushed up in draft

The urgent demand for capital rise and the amended draft of the Law on Insurance Business threatens to pressure insurance companies to begin strengthening their financial and operational capacity as well as enhance customer expectations.
Insurance firms promise to list shares this year

Insurance firms promise to list shares this year

Many insurance companies have announced they will resume plans to debut shares on the stock exchange this year, including two that are scheduled to list next month.
Mutual insurance law ready to review

Mutual insurance law ready to review

A draft law allowing mutual insurance companies to operate in Vietnam has been completed and will be reviewed by the finance ministry and foreign insurance companies later this month.