Vietnam
Generali Vietnam’s net profit plunges in H1 2024
Total assets amounted to $281.5m.
VINARE bags $14.27m pre-tax profit in H1 2024
It targets to reach pre-tax profit of $20.2m by yearend.
VSS adopts chip-based ID cards for health insurance consultations
Thanks to cashless insurance payments, beneficiaries' payments climbed 10%.
Vietnam's digital push aids 70% of social insurance payouts
VSS also achieved non-cash payments for 3.4m beneficiaries.
Vietnam’s non-life sector attracts robust foreign direct investment
Recent regulations supported the industry’s stable outlook.
HDI Global SE to buy 7 million more Vietnamese insurer’s shares
In 2021, the IFC and its funds acquired a 6.29% stake in PVI from HDI.
Vietnam’s health coverage improves with 93.35% participation
Last year saw over 174 million healthcare visits covered by the insurance fund.
Vietnam and the IMF discuss social insurance expansion
Topics included enhancing pension policies amidst changes to the Law on Social Insurance.
Vietnam stresses efficient health insurance management
General Director Nguyen pushes for strengthening the system for statistics, synthesis, and evaluation.
Vietnam’s non-life insurers show mixed results in Q1: Report
The market is projected to reach VND79.7t this year.
Vietnam launches plan for social insurance with Korea
The international cooperation dept will lead insurance tasks.
Vietnam reviews draft laws on social insurance, trade unions
The deputy chairman demanded explanations for unaddressed issues.
Persistent issues with late payments in Vietnam call for reform
A proposal to introduce separate criminal sanctions to address this issue has been raised.
Vietnam’s insurance giants armour up for tech challenges
Insurers adopting digital tech eye double-digit growth.
Four key policies to change Vietnam’s health insurance law
93 million Vietnamese individuals have health insurance.
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
Commentary
AI isn’t replacing insurance, it’s finally making it work