Shinhan Life Vietnam appoints new chairman

Shinhan Life Vietnam appoints new chairman

With the approval of Ministry of Finance Shinhan Life Vietnam Co., Ltd. has appointed Bae Seung Jun as the new chairman of the Members’ Council, cum general director from August 8.
Vietnam’s 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.
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.
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.
Legalities related to insurance for motor vehicle rent

Legalities related to insurance for motor vehicle rent

With car rentals becoming more popular in Vietnam, the concept of suitable insurance is coming to the fore. Kent Wong, partner and head of Banking and Capital Markets at VCI Legal, discusses basic and optimal insurance packages that could be available to customers.
Business prospects abound for insurance of car rentals

Business prospects abound for insurance of car rentals

The recent proliferation of car rental and sharing apps has opened up opportunities for a range of new insurance services.
Generali Vietnam launches education-focused insurance solution

Generali Vietnam launches education-focused insurance solution

On August 16, Italian-backed life insurer Generali Vietnam announced its VITA – For our Children, the very first education-focused solution in the market.
New policy boosts insurance market's long-term development

New policy boosts insurance market's long-term development

The newly-issued Law on Insurance Business is expected to positively impact the insurance market's long-term development.
Domestic insurance market expects double digit growth in 2022

Domestic insurance market expects double digit growth in 2022

Hanoi - The country’s total insurance premium revenue in 2022 is estimated at VND253.7 trillion (US$111.1 million), up 18.04 per cent compared to 2021, according to the Department of the Insurance Supervisory Authority.
Insurance market expected to grow 20 per cent

Insurance market expected to grow 20 per cent

Vietnam’s insurance market is expected to achieve a growth rate of more than 20 per cent this year, according to Viet Nam Report (VNR).
All change at the top as insurers look to the future

All change at the top as insurers look to the future

Local and foreign insurers are expanding their foothold in the lucrative insurance market and bringing about a range of changes, from new high-profile names joining the competition to management reshuffles.
Japanese insurer to buy over 41 million shares of Bao Viet Holdings

Japanese insurer to buy over 41 million shares of Bao Viet Holdings

Japanese insurer Sumitomo Life has registered to buy more than 41.4 million shares of local insurer insurance-finance-banking group Bao Viet Holdings (BVH).
AIA continues delivering new standards in the insurance industry

AIA continues delivering new standards in the insurance industry

CEO of AIA Vietnam Wayne Besant is very optimistic about the future outlook as the Vietnam life insurance market continues the journey towards sustainable development.
Generali determined to succeed

Generali determined to succeed

Generali Group, one of Europe’s largest insurance providers and Europe’s biggest life insurer, will officially present its Individual Life and Group Business to the market in Ho Chi Minh City this week, marking its full presence in Vietnam after two years operating as a representative office.  
New AIA Vietnam chief full of ambition

New AIA Vietnam chief full of ambition

In his position as the incoming CEO of AIA Vietnam, Stephen Clark tells VIR’s Song Ngoc how his industry experience can help further develop AIA Vietnam and ensure the company continues to contribute in a meaningful way to the insurance industry in Vietnam as well as AIA Group.  
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