Vietnam an attractive life insurance market

Vietnam an attractive life insurance market

The life insurance market remains attractive despite slowing down of late, according to the Insurance Association of Vietnam.
Insurance industry forecasts less favourable year in 2022

Insurance industry forecasts less favourable year in 2022

Hanoi - After gaining high growth last year, the insurance industry is forecast to experience a less favourable time in 2022 as many insurers have so far planned lower profit targets or slowing growth compared to last year.
FWD leading bancassurance evolution

FWD leading bancassurance evolution

FWD Vietnam Life Insurance Co., Ltd., one of the fastest-growing groups in this segment’s market, is digitalising its business with a solid strategy of developing diversified, simple, and suitable products for customers.
Insurance draft to aid standardisation

Insurance draft to aid standardisation

Amid evolving consumer trends and digital transformation, the Ministry of Finance has issued draft changes to the Law on Insurance Business to bring regulations up to speed with modern times by opening them up to technology while also making it safer by restricting investment by local and foreign insurers.
Dai-ichi Life Group sailing through the fog of uncertainty

Dai-ichi Life Group sailing through the fog of uncertainty

Leading world-class life insurance company, Dai-ichi Life Holdings, Inc., which has just celebrated 119 years of establishment, aspires to long-term growth by keeping its commitment as a trusted lifetime friend helping customers to thrive.
Manulife Vietnam ramps up digital and customer focus approach

Manulife Vietnam ramps up digital and customer focus approach

Manulife Vietnam has announced the appointment of Naren Baliga as its new COO, ramping up digital and customer focus in next phase of transformation and growth.
Generali Vietnam launches people-centric strategy to become best employer in industry

Generali Vietnam launches people-centric strategy to become best employer in industry

Generali Vietnam launched its “More than just a place to work” people strategy to become the best employer in the Vietnamese insurance and finance industry.
Life insurance widens sales to pharmaceuticals and supermarkets

Life insurance widens sales to pharmaceuticals and supermarkets

Life insurance companies continue to diversify distribution channels by adding pharmaceuticals and supermarkets.
Prudential Vietnam launches new universal life insurance products

Prudential Vietnam launches new universal life insurance products

Prudential Vietnam has launched two new Universal Life products, PRU-SafePlus and PRU-FlexiProtect to combine savings benefits and protection into one.
Aviva Vietnam launches second sales office in Hanoi

Aviva Vietnam launches second sales office in Hanoi

Aviva Vietnam Life Insurance Co., Ltd. has launched a new sales office in Hanoi on October 13, 2019.
Insurance market heats up with series of great deals

Insurance market heats up with series of great deals

A lot of high-value M&A deals carried out this month and announced for the time coming are making the insurance market more vibrant than ever.
Prudential Vietnam and PVcomBank sign exclusive long-term partnership

Prudential Vietnam and PVcomBank sign exclusive long-term partnership

Prudential Vietnam and PVcomBank have just signed a long-term strategic partnership to exclusively distribute life insurance and wealth solutions.
Samsung Life eyes 20 per cent in Bao Viet Life?

Samsung Life eyes 20 per cent in Bao Viet Life?

Samsung Life Insurance is seeking opportunities to enter Vietnam by pouring capital into Baoviet Life, the biggest insurance company in Southeast Asia.
Banks, insurers boost bancassurance to get returns

Banks, insurers boost bancassurance to get returns

Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.
Traditional life insurance models face uncertainty as changes gather pace

Traditional life insurance models face uncertainty as changes gather pace

The digital age presents many insurance companies with opportunities for further growth, cost reductions, and product differentiation, but modernisation challenges remain.
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