Insurers' 2024 profit targets indicate caution
March 22, 2024 | 18:09
Non-life insurers are pursuing robust growth this year, despite many setting prudent profit targets amid the current low-interest environment.
MoF not finished with scrutiny of insurers
October 26, 2023 | 14:59
The Ministry of Finance is committed to ongoing inspections of insurance companies, having completed examinations on two life insurers and with several others either under review or slated for scrutiny imminently.
Soaring compensation costs cast shadow on insurer business
February 19, 2023 | 08:00
Despite a spike in premiums, many insurers suffered in terms of performance in 2022
Weighing over novel points in insurance sector investment activities
October 08, 2022 | 14:36
Nguyen Quang Huyen, deputy general director of the Insurance Supervisory Authority, spoke to VIR's Manh Bon about the highlights of the Law on Insurance Business.
Manulife Vietnam: Professionalising advisers through technology
September 16, 2022 | 12:00
In an era where digital adoption is no longer an option but a must, it is important that insurers also transform the agency model to embrace the benefits that digitalisation brings. Robert Trieu, chief agency officer for Manulife Vietnam, shared his thoughts with VIR’s Ha Thuy on how Manulife is professionalising its advisers through technology and creating a digital edge.
Financial scrutiny of insurers to bolster transparency
September 13, 2022 | 09:55
Insurance companies, reinsurance businesses, and foreign insurers must now widely publicise their financial statements, according to an official letter from the Ministry of Finance’s Insurance Supervision and Administration Department issued last month.
Insurers show off digital-led products
September 08, 2022 | 10:57
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.
Bancassurance the catalyst for insurers to deepen footprint
April 05, 2022 | 10:00
Banks have managed to navigate their way through the chaos of the last few years by diversifying their non-interest income thanks to bancassurance services.
Radical changes lift BSH development to new highs
March 28, 2022 | 18:31
The Saigon-Hanoi Insurance Corporation has posted stable annual growth despite mounting difficulties during the pandemic.
Insurers juggle with market share shifts and moderate gains
January 18, 2022 | 09:52
Despite severe economic impacts caused by the health crisis, non-life insurers continue to manoeuvre through the turmoil.
Insurers hail health and tech awareness
September 23, 2021 | 15:56
Driven by heightened awareness and technology disruption, Vietnam’s life insurance industry is forecast to witness stellar performance – but insurance sales are likely to slow down in the third quarter first.
All to play for in bancassurance growth
September 10, 2021 | 08:00
Bancassurance is prefigured to gain new momentum thanks to its win-win doctrine which generates a generous amount of upfront fees for banks, while insurers could leverage banks’ wide-ranging network despite the rigorous social restrictions.
Additions to auto accident rules ease insurers’ responsibilities
February 03, 2021 | 14:04
Insurers will not pay out to drivers causing accidents in Vietnam if they were found to have alcohol in their blood or on their breath, or are under the influence of drugs, as per a new decree.
All change at the top as insurers look to the future
July 10, 2020 | 16:57
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.
Insuring the insurance market gets in order
February 20, 2012 | 08:38
On February 15, 2012, new regulations on insurance sector business activities came into effect under Decree No. 123/2011/ND-CP (“Decree 123”) detailing the Law on Amendments to the Law on Insurance Business being effective from July 2011.
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