Weighing over novel points in insurance sector investment activities

Weighing over novel points in insurance sector investment activities

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

Manulife Vietnam: Professionalising advisers through technology

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

Financial scrutiny of insurers to bolster transparency

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

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.
Bancassurance the catalyst for insurers to deepen footprint

Bancassurance the catalyst for insurers to deepen footprint

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

Radical changes lift BSH development to new highs

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

Insurers juggle with market share shifts and moderate gains

Despite severe economic impacts caused by the health crisis, non-life insurers continue to manoeuvre through the turmoil.
Insurers hail health and tech awareness

Insurers hail health and tech awareness

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

All to play for in bancassurance growth

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

Additions to auto accident rules ease insurers’ responsibilities

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

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.
Insuring the insurance  market gets in order

Insuring the insurance market gets in order

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.
Ministries run trial credit insurance programme

Ministries run trial credit insurance programme 1

A national trial credit insurance programme aiming to cover nearly 3 per cent of export turnover by credit insurance by the end 2013, has been launched by the ministries of Finance, Industry and Trade, the State Bank of Vietnam (SBV) and the Government Office.
Errant insurers get rapped on knuckles

Errant insurers get rapped on knuckles

A 400-day investigation and two years’ hot debate has resulted in 19 non-life players being slapped with financial penalties due to competition restriction violations.