Country: Vietnam Page 1 / 13
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- October 10 2025
Vietnam’s 2025 nat cat economic losses top US$1.3bn
Typhoon Matmo over the weekend expected to add hundreds of millions of dollars in losses to the region recovering from the Typhoon Bualoi the week before.
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- October 7 2025
Vietnam’s Typhoon Bualoi insurance payouts cross US$13m
Vung Ang 2 thermal power plant is believed to have suffered the biggest loss following typhoon Bualoi, which killed at least 53, injured 165 and left 14 missing after hitting 12 Vietnamese provinces last week.
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- October 2 2025
Typhoon Bualoi results in US$432m economic losses in Vietnam: reports
Insured loss is expected to account for 5-10% of the economic loss, McLarens' country manager in Vietnam told InsuranceAsia News.
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- October 2 2025
PVI Insurance announces two new deputy CEOs
Tien Thanh Chu and Nhu Trung Nguyen have been promoted to the leadership role.
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- October 1 2025
Typhoon Bualoi: damage to Vietnamese thermal power plant may trigger reinsurance claims
Starr is the lead reinsurer for the PVI-led insurance program of the supercritical project in the northern Ha Tinh province, InsuranceAsia News understands.
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- September 26 2025
Malaysian (re)insurance broker HLAP expands to Vietnam with business development director hire
Vietnam-based Kieu An over 30 years of insurance experience and will report directly to CEO Lee Warner.
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- September 25 2025
Vietnam’s PVI Insurance raises charter capital to US$163m
The additional capital reinforces financial foundation, enhances risk management capacity and enables greater support for large-scale national and international projects, the insurer says.
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- September 22 2025
Allianz Trade moves into Vietnam with country manager hire
Trade credit insurer hires Ly Dao from WTW to spearhead its expansion.
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- August 27 2025
Hanoi flooding from Typhoon Kajiki expected to result in limited commercial claims
While the windstorm has caused significant damage, it did not hit the industrial areas, unlike Typhoon Yagi last year.
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- August 25 2025
Vietnam braces for Typhoon Kajiki, but losses set to be less than Yagi
PVI Insurance chairman Duong Thanh Danh says the typhoon is forecast to hit areas that are less industrialised than those affected by Typhoon Yagi last year.
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- August 1 2025
Hanoi Re posts 94.8% COR in H1 FY25
Total revenue also reached 127% of its mid-year target after reaching US$70.1m.
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- July 30 2025
Vietnam insurers poised for further growth despite climate, reinsurance pressures: AM Best
Ratings agency, while maintaining a stable outlook for the sector, said trade uncertainty and slower economies in key export markets could dampen commercial insurance demand.
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- July 29 2025
Chubb pays US$321m for Liberty Mutual’s Thailand arm
The acquisition of LMG Insurance was completed on April 1, with recognised goodwill of US$183m and intangible assets of US$57m, the insurer said in a stock exchange filing.
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- July 25 2025
Pricing, prudent underwriting to sustain Bao Viet Insurance’s strong performance: AM Best
AM Best assigns an insurer rating of B++ (good) with a stable outlook, driven by its very strong balance sheet, adequate operating performance and neutral business profile.
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- July 23 2025
Deadly Ha Long Bay boat capsize insurance payouts to top US$500,000: reports
At least 37 people died after the Wonder Seas capsized during bad weather in Vietnam on Saturday.
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- July 21 2025
PVI Insurance’s H1 FY25 pre-tax profit tops US$25.8m, representing 41% increase
Original insurance premium revenue for the first half of the year exceeded US$305.8m.
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- July 21 2025
Vietnamese (re)insurers brace for Typhoon Wipha, Hong Kong facing US$255m bill
Heavy rainfall and strong winds are expected across northern Vietnam, posing risks of flooding and damage, particularly in coastal areas.
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- July 15 2025
PVI eyes Hanoi Re divestment plan as part of broader growth push
In a wide-ranging interview, PVI Insurance chairman Duong Thanh Danh also talks to InsuranceAsia News about PetroVietnam Group's divestment plans, PVI's overseas partnerships, a US$1bn revenue target, growth opportunities and tariffs.
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- June 20 2025
Aggregated losses from typhoon Wutip could reach hundreds of millions of US dollars: Aon
Particularly significant economic and insured losses are expected due to widespread flooding in southern China.
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- May 15 2025
Vietnam’s PVI partners South Korea’s EGI for engineering guarantee insurance foray
Cooperation aims to create favourable conditions for South Korean construction enterprises to participate in infrastructure projects in Vietnam.