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.
In recent years the life insurance market in Viet Nam has seen an increasing number of claim payouts. Recently Korean life insurance company, Hanwha Life Vietnam, said it had paid out nearly one million dollars for a single claim. This...
Viet Nam’s insurance industry achieved high year-on-year growth of 24 per cent in 2018, the fifth consecutive year the industry posted annual growth of more than 20 per cent.
