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.
hough the economic recovery can give non-life insurers opportunities to improve revenue, it will be still difficult for them to increase profits as the majority of their investment portfolios are bank savings and government bonds, whose interest rates are forecast...
