Thursday, November 23, 2017

Vietnam

Vietnam on track for double-digit growth this year

Vietnam on track for double-digit growth this year

The country’s finance ministry said premium income in 2015 climbed by 21.4% to US$3 billion.

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Dai-ichi Life in distribution deal with Vietnam Post

Dai-ichi Life in distribution deal with Vietnam Post

Japan’s third-largest life insurer will sell its products exclusively at branches of state-run Vietnam Post.

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QBE appoints Anthony Cloney to head Vietnam

QBE appoints Anthony Cloney to head Vietnam

A QBE veteran, he will be responsible for developing and steering strategic initiatives in the country.

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Fairfax buys 35% stake in Vietnamese insurer

Fairfax buys 35% stake in Vietnamese insurer

The insurance arm of Hanoi-based BIDV has sold up to 41 million new shares for an undisclosed sum.

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Vietnam offers more social insurance incentives

Vietnam offers more social insurance incentives

Sweeteners include subsidies, elimination of age limits and more choices in payment terms.

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Vietnam’s insurance industry invests US$6.7 in economy

Vietnam’s insurance industry invests US$6.7 in economy

Long term government bonds seen as popular investment among life and nonlife firms in 2015

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Vietnam market up 22% this year

Vietnam market up 22% this year

The country’s insurance market registered its best performance during the past five years.

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Taiwanese insurers cleared to buy 100% of Vietnamese banks

Taiwanese insurers cleared to buy 100% of Vietnamese banks

Taiwan’s FSC Chairman Tseng Ming-chung announced the development after a trip to Vietnam.

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Vietnam to ban SOEs from investing in insurance firms

Vietnam to ban SOEs from investing in insurance firms

A government decree has banned SOEs from making fresh investments in insurance firms.

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Foreign insurance capital continues to enter Vietnam

Foreign insurance capital continues to enter Vietnam

Foreign investors are helping local insurers to develop better strategies and risk management.

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Vietnam imposes higher premiums on employers

Vietnam imposes higher premiums on employers

New insurance premium calculations to be applied in 2016 disappoint garment industry.

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Vietnam’s PM wants 85% health coverage by 2020

Vietnam’s PM wants 85% health coverage by 2020

Nguyen Tan Dung says he wants those living in poverty to fully benefit from health insurance.

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Samsung mulls expanding in Vietnam’s insurance sector

Samsung mulls expanding in Vietnam’s insurance sector

Samsung has expressed intention to expand its footprint in the country’s life insurance sector.

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Generali launches Obi app in Vietnam

Generali launches Obi app in Vietnam

Generali has struck a deal to embed its native insurance app in Obi mobile phones in Vietnam.

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Vietnam urges students to sign up for health coverage

Vietnam urges students to sign up for health coverage

The country’s social health insurance covers 85% of students and pupils but participation is still low.

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Vietnam’s insurance market up 23% in five months

Vietnam’s insurance market up 23% in five months

Insurance firms in Vietnam enjoyed a robust first five months of the year in total premium revenue.

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Vietnam extends health coverage to weekends and holidays

Vietnam extends health coverage to weekends and holidays

Health examinations and treatment during holidays and weekends will now be covered.

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Military Bank launches life insurance JV

Military Bank launches life insurance JV

The Vietnamese bank has teamed up with Ageas and Muang Thai Life Assurance to establish a joint venture.

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WINTER 2017

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