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life insurers

Health and vehicles to be main growth drivers for non-life insurers in 2023

Health and vehicles to be main growth drivers for non-life insurers in 2023

Data from the Vietnam Insurance Association reveals that non-life insurance and health insurance comprised the largest proportion of the insurance industry''s premium revenue last year, accounting for approximately 33.2 per cent, with revenue of VND22.41 trillion.
Life insurers look to expand, raise capital

Life insurers look to expand, raise capital

Life insurers continuously increase their charter capital to meet the requirements of financial safety as well as to fulfill the target of market expansion.
Low interest rates put pressure on non-life insurers

Low interest rates put pressure on non-life insurers

hough the economic recovery can give non-life insurers opportunities to improve revenue, it will be still difficult for them to increase profits as the majority of their investment portfolios are bank savings and government bonds, whose interest rates are forecast...
Insurers keep cash bonus, but rates get lower in 2020

Insurers keep cash bonus, but rates get lower in 2020

As economies are being ravaged by the pandemic COVID-19, local companies are trying to secure cash to prepare for a rough period ahead
Foreign insurers eye promising Vietnamese market

Foreign insurers eye promising Vietnamese market

Along with expansion strategies, life insurance firms have entered a fierce race to increase charter capital to improve their financial strength to attract customers.
Hanwha Life to boost charter capital

Hanwha Life to boost charter capital

South Korea’s Hanwha Life Insurance Company (Vietnam) on Wednesday announced plans to increase its charter capital by VND3 trillion to VND4.89 trillion, becoming one of the largest life insurers in the country.
Liberty Insurance ranks in top 10 best non-life insurance companies in 2018

Liberty Insurance ranks in top 10 best non-life insurance companies in 2018

Liberty Insurance has been named among the top 10 non-life insurers in Viet Nam for 2018.  
Korean life insurers ambitious Viet Nam plans

Korean life insurer's ambitious Viet Nam plans

South Korea''s Hanwha Life is one of the seven biggest life insurers in Viet Nam after being in the country for more than seven years. Viet Nam News asks chairman and CEO Back Jong Kook about the company''s strategy in Viet Nam and...