Vietnam
Vietnam's general insurance to hit $3.9b by 2028
Motor insurance holds the third-largest share in 2023’s GWP.
2 days ago
Vietnam's general insurance to hit $3.9b by 2028
Motor insurance holds the third-largest share in 2023’s GWP.
2 days ago
Vietnam's insurance premium revenue dips 4.3% in Q1
The decrease rate has slowed compared to previous quarters.
Vietnam to shift to cashless payments for pension, social insurance benefits
The shift to a cashless method will affect over 3.3m beneficiaries.
Vietnam’s social insurer revamps org structure for efficiency
94.8% of the 4.7 million dossiers required to be resolved were completed.
Hanoi Re faces elevated expense ratio challenges – AM Best
As one of the two domestic reinsurers in Vietnam, Hanoi Re has a moderate underwriting risk.
Vietnam's new law to stifle insurance sales growth – AM Best
The law is expected to allow policyholders to choose products they need at competitive prices.
Participation in social insurance grows across Vietnam
Insurance premiums worth $1.99b (VND36.66t) have been collected in the first two months of 2024.
Vietnam health ministry proposes overhaul of insurance law
Amendments and provisions to Vietnam’s Law on Health Insurance are said to take effect on 1 January 2025.
Regulatory shake-up threatens Vietnam’s bancassurance sales
Bancassurance activities will face stricter management, under the amended Law on Credit Institutions.
Vietnam targets insurance evasion, partners with prosecution authorities
Social security offices have assessed damages caused by violations and calculated unpaid insurance premiums.
AM Best describes Bao Min Insurance’s outlook as ‘stable’
This was attributed to the neutral impact of BMI's majority ownership by the SCIC, Vietnam's sovereign wealth fund.
S’pore-based Igloo expands Weather Index Insurance coverage in Vietnam
The insurance will be integrated with Mobifone's agricultural application, MobiAgri.
Vietnam nonlife to stay afloat amidst regulatory changes: AM Best
The non-life market experienced a 1.3% YoY growth in gross written premiums for H123.
Vietnam joins ASEAN motor insurance system for seamless cross-border travel: Report
This will require motorists to register for a compulsory civil liability insurance plan.
Vietnam’s insurance sector is in rough waters, long-term growth on the horizon
Consumer confidence loss will persist for at least the next three years.
PVI Reinsurance rebrands to Hanoi Reinsurance
The company’s business operations will remain the same.
Insurance is key to protect Vietnam’s SME’s – WTW
Survey results showed only 18% are confident to take risks.
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1. 25% of employers to enhance insurance coverage in the next two years 2. Allianz Partners collaborates with MoneyHero for travel insurance 3. MAS slaps 12-year ban on ex-Manulife rep for cheating 4. Natural disasters steer Asia Pacific towards parametric insurance 5. Singlife and Doctor Anywhere launch subscription plan for self-employedAwards
Jul
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