Insurtech groups utilise Vietnam for ambitious plans

Insurtech groups utilise Vietnam for ambitious plans

Driving the digital revolution in Southeast Asia’s insurance sector, foreign insurtech companies have identified Vietnam as a burgeoning epicentre for industry innovation and growth.
Insurers to face penalties for wrongdoing in bancassurance sales

Insurers to face penalties for wrongdoing in bancassurance sales

The Ministry of Finance (MoF) inspection reveals regulatory violations by Prudential, MB Ageas Life, Sun Life, and BIDV Metlife in their bancassurance sales practices, leading to impending penalties and increased scrutiny in the Vietnamese insurance marke
Awareness must blossom for insurtech to prosper

Awareness must blossom for insurtech to prosper

Vietnam’s insurance market, particularly digitally non-life insurance products which cater to the specific needs of customers, is still in its infant stage.
Evaluating the elements at heart of non-life insurance

Evaluating the elements at heart of non-life insurance

Customers should carefully consider the terms of non-life insurance contracts to ensure optimal benefits before buying any products. Vo Manh Tin, deputy general director of AAA Insurance Company, chatted to VIR’s Le Luu about the current trends in the sector.
The Vietnam opportunity is undeniable

The Vietnam opportunity is undeniable

In a 10-day visit to Vietnam following his appointment, Damien Green, Manulife Asia’s president and CEO, shared his thoughts on a post-COVID recovery and why Manulife Vietnam is a key player in the company’s growth in Asia.
Race is on for motor vehicle insurance market share

Race is on for motor vehicle insurance market share

The non-life insurance business, particularly for vehicles, is gaining pace across Vietnam.
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.
Medici partners with Chubb Life Vietnam

Medici partners with Chubb Life Vietnam

Medici announces strategic partnership agreement with Chubb Life Vietnam.
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.
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