Country: Vietnam Page 4 / 11
-
- 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.
-
- 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.
-
- 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%.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- 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.
-
- February 21 2022
Vietnam joins South-East Asia disaster facility
Seadrif membership helps with the likes of risk modelling and risk management.
-
- 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.
-
- 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.
-
- 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.
-
- January 3 2022
Tokio Marine appoints Asia CEO
Masahito Hirai has switched from the firm's Malaysia operations to be based in Singapore.
-
- December 15 2021
Vietnam courts foreign insurance capital
Clarified ownership rules and government divestment plans have created new opportunities.
-
- November 16 2021
Health, personal accident drive Vietnam’s non-life market: AM Best
Intense competition and poor pricing conditions have prompted some insurers to reassess their motor business.
-
- November 5 2021
Sun Life Vietnam poaches AIA exec for CEO role
Luc Nhon Ly was most recently chief executive of AIA Myanmar.
-
- October 7 2021
Vietnam’s BIDV Insurance saw 13% GWP growth in 2020: AM Best
The insurer's combined ratio has averaged around 98% over the past five years.
-
- September 29 2021
HDI Global appoints Asean claims head
Singapore-based Raymond Ong joins the industrial lines insurer from Willis Towers Watson.
-
- September 10 2021
Vietnam rebound crashes into delta variant
Non-life premiums grew 11% in the first half but surging Covid cases threaten recovery.
-
- September 8 2021
Fubon Insurance’s risk profile defined by geography: Moody’s
The Taiwanese insurer's operations in mainland China and Vietnam accounted around 10% of total revenue in 2020.