Vietnam
Vietnam life insurance grows 4.3% YoY in new contracts
Vietnam life insurance grows 4.3% YoY in new contracts
General insurance products maintained their lead as the primary business line.
Vietnam general insurance market to grow 7% annually through 2029
The sector is expected to grow 5.9% year-on-year this 2025.
Vietnam’s finance sector faces digitalisation challenges despite eased regulation
Industry experts discuss how to navigate Vietnam’s challenging digital landscape at the Asia Banking and Finance and Insurance Summit.
Vietnam’s social insurance climbs by 9% YoY in Q1 2025
Participants in unemployment and health insurers also increased during the quarter.
AM Best expects stable earnings from PVI Insurance’s underwriting
Although, investment portfolio carries moderate risk.
Prudential reels in new CEO for Malaysia, Indonesia, Vietnam
Solmaz Altin also resigned.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
Vietnam city exceeds 2024 targets with 95.25% coverage
Hanoi saw 8,169,748 individuals covered with health insurance last year.
Vietnam proposes updates to deposit insurance law
It aims to strengthen the role of the Deposit Insurance of Vietnam.
VSS, World Bank target wider social insurance coverage in Vietnam
The world organisation hopes to aid Vietnam’s goal of a 60% coverage target by 2030.
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.
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