Techcombank to launch new non-life insurance firm

Thursday, Oct 17, 2024

The company is expected to start operating from the beginning of November.

PVI Insurance leads top ten non-life insurance companies in 2024

Monday, Jun 17, 2024

The company’s focus on sustainable development and a customer-centric approach is evident in its strong performance and market position.

Military Insurance targets top four spot in non-life insurance market for 2024

Thursday, Apr 11, 2024

Military Insurance Corporation (MIC) targets to secure a position among the top four non-life insurance markets in 2024, achieving a 33 per cent growth in insurance revenue, a 25 per cent growth in profit compared to 2023, and maintaining a minimum dividend ratio...

Foreign capital strongly pours into Việt Nam’s non-life insurance market

Thursday, Mar 07, 2024

According to experts, Việt Nam''s insurance market currently still has a lot of room for development. According to statistics from the Ministry of Finance, the insurance penetration rate, calculated by insurance premiums per GDP, in Việt Nam in 2022 was...

Viet Nam’s non-life insurance market continues to lure foreign capital

Tuesday, Apr 11, 2023

Two domestic insurance companies, Vietnam National Aviation Insurance Joint Stock Corporation (VNI) and Military Insurance Corporation (MIC), welcomed new capital from foreign investors in the first quarter of 2023.

M&A deals to boost non-life insurance industry

Saturday, Mar 11, 2023

As there is still much room for development in the domestic insurance market, the industry’s growth target is set at double-digits.

Non-life insurance enterprises expand in market

Sunday, Feb 06, 2022

Over the past year, the economic situation has changed a lot due to the pandemic, which has affected non-life insurance revenue, but many businesses still achieved high profits.

Foreign capital to flow into non-life insurers on hopes of State divestment

Saturday, Mar 14, 2020

State divestment is expected to lure foreign investors into and lift Việt Nam’s non-life insurance market.

PJICO partners with Korea’s Woori Bank

Friday, Dec 28, 2018

Petrolimex Joint Stock Insurance Corporation (PJICO), one of the top five non-life insurance companies in Viet Nam, signed a co-operation agreement on Thursday with the Republic of Korea’s Woori Bank to boost insurance packages.

Non-life insurers plan to increase premiums from bancassurance

Friday, Aug 17, 2018

Many large non-life insurance companies plan to increase the contribution bancassurance makes to their total premium revenue this year.

VN insurance benefits from foreigners

Thursday, Feb 08, 2018

The participation of foreign investors in Viet Nam’s insurance market will develop the market while enriching domestic insurers with experience and governance.

Non-life insurers earn US$1.78 billion revenue in 2017

Tuesday, Jan 23, 2018

Non-life insurance premiumin 2017 continued its sustained growth, with an estimated revenue of VND40.5 trillion (US$1.78 billion), representing an 11 per cent year-on-year increase.

Insurance market maintains growth above 21%

Tuesday, Dec 26, 2017

The insurance market has maintained a high growth rate of 21.2 per cent in 2017, gaining revenue of VND105.61 trillion (US$ 4.65 billion), a senior finance ministry official has said.

Insurance market maintains stable growth rate

Monday, Nov 20, 2017

The insurance market continued to maintain stable growth rate in the first 10 months of the year, according to the Ministry of Finance (MoF).

Insurance sector shows significant growth

Thursday, Dec 24, 2015

Insurance enterprises accumulated more than VND152.5 trillion (US$6.7 billion) to reinvest this year, up 18 per cent against last year, the Insurance Association of Viet Nam (IAV) said.