Vietnam
Vietnam state insurer app logs 38% insured users in digital shift
Vietnam state insurer app logs 38% insured users in digital shift
Nearly 2.5 million customer interactions were recorded last year.
Shinhan Bank inks deal with Petrolimex Insurance on Vietnam expansion
The bank will distribute PJICO’s non-life insurance products.
Vietnam's life insurance goals may miss 2025 targets
The government had set goals for 15% of the population to hold life insurance.
Renewals in Vietnamese reinsurance varied: Gallagher Re
The market continued to depend on proportional treaties for capacity.
Vietnam’s Health Insurance Fund spent $6b on patient care in 2024
Over 186.2 million received medical examination and treatment.
Vietnam amends health, social insurance guidelines
Authorities have revised regulations on medical examination and treatment.
Vietnamese insurer cuts profit forecast after Typhoon Yagi
Bao Minh’s board proposed keeping its revenue target at $268m.
Petrolimex Insurance profits from low-loss property and marine lines
PJICO follows a conservative investment strategy, with most investments held in deposits.
Vietnam nears 2025 social insurance goals, projected 20 million participants
By 2024, health insurance participants is seen to reach 95 million.
Vietnamese bank expands into non-life insurance sector
Other banks which made the same move are VietinBank, Agribank, and HDBank.
Vietnam-China talks aim for long-term elderly care solutions
Health insurance coverage in China has stabilised at above 97% of the population.
Why Vietnam’s insurers are pivoting to foreign reinsurers for large policies
Local firms reinsured $246m domestic reinsurance premiums, $902m were transferred to foreigners.
Central bank names Dang Duy Cuong as director of Deposit Insurance of Vietnam
Dang is currently the deputy director general of SBV’s human resource department.
Vietnam's health law revision to ensure compatibility with medical laws
The law may also introduce a deadline for the annual audit settlement.
Vietnam inspects insurers for motor vehicle regulation compliance
Voters reported challenges in claiming compensation.
Vietnam ensures insurance access in Typhoon Yagi-hit areas
Facilities providing health insurance-covered treatment can make advance payments.
Typhoon Yagi triggers reinsurance reassessment in Vietnam
Business interruption claims are expected to be manageable.
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Public spending on health may be unsustainable in the long run.
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Ageing populations and rising mortality main concerns for life insurers and reinsurers