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life insurance market

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

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

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

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 an important life insurance market in Asia

Viet Nam an important life insurance market in Asia

Việt Nam remains a key life insurance market in Asia, the Insurance Association of Việt Nam told a meeting in HCM City on Monday.
Viet Nams non-life insurance market continues to lure foreign capital

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

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.
Despite slow down, domestic life insurance market remains attractive

Despite slow down, domestic life insurance market remains attractive

The life insurance market remains attractive despite slowing down of late, according to the Insurance Association of Viet Nam.
Shinhan Life wants to become game changer through unique growth strategies

Shinhan Life wants to become game changer through unique growth strategies

Shinhan Life Vietnam Company launched its services in Viet Nam on January 25 at a time when there is fierce competition in the market with 19 players. Its General Director, Mr Lee Eui Chul, spoke to Viet Nam News about...
Chubb Lifes eventful 15-year journey in Vietnam

Chubb Life’s eventful 15-year journey in Vietnam

Though it entered the Vietnamese life insurance market much later than other companies in the industry, Chubb Life has made a successful breakthrough and affirmed its sustainable reputation.
Foreign capital to flow into non-life insurers on hopes of State divestment

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

State divestment is expected to lure foreign investors into and lift Việt Nam’s non-life insurance market.
Aviva spells out clear plans for growth in Vietnam market

Aviva spells out clear plans for growth in Vietnam market

Viet Nam News reporter Thu Ngan spoke to Paul George Nguyen, Aviva Vietnam’s CEO, to find out about the market outlook and the company’s plans for growth.
HCM City university students learn about life insurance

HCM City university students learn about life insurance

The advantages and challenges of the Vietnamese life insurance market were discussed at a meeting between the Insurance Association of Viet Nam and Ton Duc Thang University in HCM City.