Country: Vietnam Page 4 / 12
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- February 28 2023
DB Insurance acquires Vietnam National Aviation Insurance
The Korean carrier, in its second Vietnamese acquisition, has picked up a 75% stake in the Hanoi-based P&C insurer.
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- February 26 2023
Vietnam’s PVI Insurance COR improves to 90%, premium grows 17%
The carrier, which has been handed a rating upgrade by AM Best, will see its reinsurance arm PVI Re's CAR strengthen with a capital injection in Q1 2023.
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- February 16 2023
Fubon Insurance Vietnam under review with negative implications: AM Best
The Taiwanese parent was downgraded on February 3 and put on ratings watch for negative implications
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- February 8 2023
Integra signs partnership with Vietnam’s VIA
The loss adjusters will collaborate on losses emanating from a host of specialty lines.
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- January 20 2023
Vietnam’s PTI capital adequacy weak: AM Best
The firm suffered from underwriting losses associated with Covid-19 insurance policies.
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- December 23 2022
Vietnam Bao Minh Insurance combined ratio at 97.8%: AM Best
The firm’s claims have been supported by a lower loss ratio in motor, personal accident and health.
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- December 19 2022
Fubon Vietnam underwriting performance improved despite cat losses from foreign inward business
AM Best has affirmed the B++ rating for the general insurance arm of the Taiwanese financial services group.
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- November 29 2022
Insurtech Igloo eyes M&A as it raises US$27m in Series B extension
The Singapore-based firm recently launched a parametric Weather Index insurance product in Vietnam.
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- November 17 2022
Petrolimex may see margin pressure rise as claims frequency normalises: AM Best
The Vietnamese general insurer, rated B++, has posted a five-year average combined ratio of 97.7%.
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- November 10 2022
Charles Taylor strengthens Asia presence with Vietnam office
The loss adjuster will deal with losses in industries such as property, liability, aviation, marine, and engineering services.
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- November 1 2022
Vietnam’s non-life market saw 14% growth in H1 2022
The market has promising signs in the context of a favourable economic outlook, says AM Best.
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- October 13 2022
BIDV Insurance facing ‘moderate’ capital adequacy volatility: AM Best
The Fairfax-backed insurer, whose ratings were maintained, was affected by changes in cat risk strategy.
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- September 28 2022
Typhoon Noru rips through South-East Asia as it moves to Thailand via Laos
After slamming the Philippines and Vietnam, the tropical storm is expected cause flooding along the Mekong river.
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- March 17 2022
Vietnam GI market to reach US$3.5bn in 2026: GlobalData
The South-East Asian economy is set to see increasing amounts of cumpulsory insurance.
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- February 21 2022
Vietnam joins South-East Asia disaster facility
Seadrif membership helps with the likes of risk modelling and risk management.
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- January 31 2022
Vietnam’s PTI underwriting risks to grow: AM Best
The P&C player has had a favourable loss ratio but high expense ratio amid a GWP slowdown.
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- January 24 2022
PVI Re sees record revenue and profits
The company is listed on the Hanoi Stock Exchange and celebrated its tenth anniversary last year.
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- January 12 2022
Vietnam premium growth slows in 2021
Surging Covid cases during the second half of the year weighed on the non-life market yet again.
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- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
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- December 15 2021
Vietnam courts foreign insurance capital
Clarified ownership rules and government divestment plans have created new opportunities.
