Tags annual first-year premiums (AFYP) Hanwha Life enjoys 47 per cent growth in first nine months Monday, Oct 16, 2017 Korea’s Hanwha Life Vietnam Insurance Company Ltd achieved VND478 billion (US$21.05 million) in its annual first-year premiums (AFYP) in the first nine months of the year, an increase of 47 per cent over the same period last year.