Country: Vietnam Page 7 / 11
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- November 28 2018
Hyundai Marine & Fire to acquire stake in Vietnamese insurer
The stake in VietinBank Insurance will give access to the fast-growing market.
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- September 12 2018
Vietnamese insurers see 35% rise in total assets
Insurance assets surged sharply during the first eight months of this year, according to the finance ministry.
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- August 15 2018
Vietnam’s premiums up 30.8% in seven months
The industry has maintained steady annual growth of more than 30% for the past few years.
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- July 25 2018
Bao Viet posts highest revenue among Vietnam insurers
After Bao Viet, the market’s other major players include Daiichi, Prudential, Manulife and AIA.
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- July 17 2018
Vietnam’s insurance sector expands 24.4%
Insurers collected Vnd58.6tn (US$2.6bn) in premium, according to the Insurance Supervisory Agency.
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- July 16 2018
Hanwha Vietnam plans to raise capital by US$131m
The capital expansion makes it one of the largest life insurance companies in the country.
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- June 25 2018
Vietnam’s biggest bank seeks insurance partner
Vietcombank is looking for a new insurance distribution partner in a deal that could be worth as much as US$1bn.
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- June 22 2018
IAG in Asia retreat
Earnings volatility has driven the Aussie insurer to exit its businesses in Thailand, Indonesia and Vietnam.
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- June 14 2018
Prudential gets nod to increase investment in Vietnam
It is raising its chartered capital to about US$181.8m after winning approval from the finance ministry.
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- May 15 2018
Mirae Asset Life launches merged entity in Vietnam
Prevoir Vietnam Life Insurance is a 50:50 joint venture with French insurer Groupe Prevoir.
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- April 23 2018
Talanx to up stake in PetroVietnam Insurance
A unit of the German company plans to raise its ownership in the state-owned insurer to at least 49%.
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- March 13 2018
NongHyup expands insurance business in China, Vietnam
The Korean group is expanding its insurance business as part of efforts to strengthen its overseas portfolio.
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- January 26 2018
Muang Thai Life plans more regional expansion
It will focus on Myanmar, Indonesia, Malaysia and the Philippines after the success of JVs in Indochina.
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- January 25 2018
Vietnamese non-life insurers post 11% increase in revenue
Non-life insurers in the country booked roughly US$1.78bn, according to the latest data from the finance ministry.
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- January 24 2018
Prudential sells Vietnam consumer finance unit to Shinhan
A subsidiary of the Korean financial group has agreed to pay US$151m for Prudential Vietnam Finance.
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- January 3 2018
Positive outlook for Vietnam in 2018
The sector is expected to grow 22% this year, according to the Insurance Supervisory Authority.
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- December 11 2017
Vietnam suffers rare US$1bn loss after Typhoon Damrey
This year marks the first time since 1993 that Vietnam has had a season with a Cat 2 and 3 typhoon landfall.
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- November 22 2017
Vietnam premiums up 20%
The country's insurance industry continues to expand, with total premiums reaching US$3.7bn through October.
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- October 27 2017
AIA inks 15-year bancassurance deal in Vietnam
The partnership with VPBank will provide acess to the bank's network of 215 branches and transaction offices.
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- October 25 2017
Vietnam’s health coverage likely to hit 83% this year
The prime minister announced the penetration rate at the fourth session of the 14th National Assembly in Hanoi.
