Country: Vietnam Page 8 / 11
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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.
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- October 13 2017
Vietnam’s market keeps positive growth
Total premiums for the whole market in the January-September period were estimated to have increased 18% year-on-year.
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- September 29 2017
Vietnam market remains upbeat
Sustained product awareness and continued economic expansion have helped premiums to grow 21%.
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- September 11 2017
Vietnam premiums up 22%
Collections grew 22% during the first eight months of this year to about Vnd65.56tr (US$2.89bn).
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- September 1 2017
Aviva Asia launches Vietnam subsidiary
The insurer considers Vietnam a market with high growth potential and Asia as a region of strategic importance.
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- July 19 2017
Premiums up 21% in Vietnam
Insurers in the South-East Asian country saw premiums rise 21% in the first half on the back of rising living standards.
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- June 28 2017
Mirae Asset Life to buy 50% stake in Prevoir Vietnam
The deal marks Mirae's entry into the Vietnamese market, having reportedly outbid a Chinese competitor.
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- May 9 2017
Samsung Fire & Marine buys 20% of Vietnamese insurer
The Korean insurer will buy the stake in PJICO from Vietnam’s largest petrol dealer for US$23.4m.
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- April 24 2017
Aviva acquires entire shareholding in Vietnam JV
The former joint venture with VietinBank is now a wholly owned subsidiary of the British insurer.
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- April 6 2017
Vietnam simplifies approval of life products
A new regulation means life insurance companies will find it quicker and easier to get product approvals.
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- April 3 2017
Sun Life inks insurtech deal with Vietnam’s GOFS
The Canadian life insurer has forged a three-year partnership with the operator of Vietnam’s first digital bank.
