Consumer credit company Easy Credit on Wednesday tied up with Bao Minh Insurance Corporation to launch a new product that secures borrowers from defaulting on loans if they or their spouse fall sick.
A new product called "trade credit insurance – structured trade finance"
jointly developed by Bao Minh Insurance Corporation, Export-Import
Commercial Joint Stock Bank and Coface Services Viet Nam Company Ltd was
launched on Wednesday in HCM City.
Non-life insurance premiums managed to return to a double-digit growth
in the first eight months of 2014, according to preliminary reports of
non-life insurance companies to the Insurance Supervisory Authority.
