Manulife Vietnam and Techcombank to end their exclusive distribution partnership

Manulife Vietnam and Techcombank to end their exclusive distribution partnership

Manulife Vietnam and Techcombank today announced updated information on their exclusive insurance distribution partnership in Vietnam.
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.
Inspection rise in face of insurance hustle

Inspection rise in face of insurance hustle

Recent compulsory bundling of insurance policies with banking products despite customer unwillingness has triggered concerns over bancassurance activities in Vietnam, and as a result authorities are strengthening inspections of such rampant insurance cross-selling mechanisms.