Country: Vietnam Page 9 / 11
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- April 3 2017
Aviva appoints CEO for China, Indonesia and Vietnam
Randy Lianggara, who joined from AXA last year, takes on a newly created role to drive growth in these key markets.
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- March 28 2017
Vietnam seeks to expand health insurance coverage
With a growing elderly population, the government aims to bring the country’s insurance coverage to 100% by 2030.
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- March 16 2017
Vietnam’s life sector posts record-high growth
Total life insurance premiums in the first 10 months of last year grew at 37%, the highest in a decade.
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- February 23 2017
Insurance initiatives among Apec agenda in Vietnam
Representatives from 21 economies acknowledged that Asia is among the areas most vulnerable to natural disasters.
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- January 5 2017
Vietnam’s insurance penetration hits 81.7%
There are now more than 76 million people in the country who are covered by health insurance.
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- December 13 2016
No hike in Vietnam’s health insurance fees
The ministry has said fees will remain at 4.5% of salaries for public-sector workers or those in full-time employment.
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- November 21 2016
Hanwha’s Vietnam strategy finally pays off
For the first time since launching in the country, the Korean insurer has posted a profit.
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- November 18 2016
Future disasters to cost Vietnam $6.7b
About 60% of the country's land and 71% of its population are at risk of typhoons, tornadoes and floods.
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- October 25 2016
Bangkok Insurance looks to re-enter Vietnam
After pulling out of Vietnam 10 years ago, BKI is studying a possible re-entry into the neighbouring market.
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- October 6 2016
Prudential announces leadership shuffle
Singapore CEO Philip Seah will take on an executive position as senior adviser in Prudential Corporation Asia.
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- August 18 2016
Vietnam sets social and health insurance targets
The country is aiming for at least 50% of the population to have social insurance coverage by 2020.
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- July 26 2016
Vietnamese life market booming
Total life insurance premiums reached close to US$1bn for the first half of 2016, according to the Vietnam Insurance Supervisory Authority.
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- July 20 2016
Manulife Vietnam gets green light to raise charter capital
The approval means Manulife Vietnam can raise its charter capital by 38%, its second hike in eight months.
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- July 19 2016
Vietnam imposes ceiling on foreign reinsurance
Foreign companies can now only reinsure up to 90% of their total insurance liability due to ‘issues with overseas reinsurance’.
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- July 18 2016
FWD signs Vietnam distribution agreement
The 15-year bancassurance deal solidifies FWD’s market entry as it completes the acquisition of Great Eastern Life Vietnam.
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- July 14 2016
Vietnam’s insurance industry investment up 500%
Last year was a successful one for Vietnamese insurers after total premiums recorded the sharpest increase in the last 10 years.
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- June 8 2016
Great Eastern sells Vietnam business to FWD
The OCBC-owned insurer is selling its business in the country to FWD Life Insurance for US$48.2 million.
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- June 3 2016
Philippine insurance regulator named first Mefin head
Emmanuel Dooc will chair the newly created Mututal Exchange Forum on Inclusive Insurance in Asia.
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- May 19 2016
Vietnamese insurers told to gear up for AEC and TPP
The country's legal framework for the sector is outdated and incomplete, and the industry lacks good governance, says one critic.
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- May 13 2016
Tokio Marine raises stake in Vietnamese JV
The Japanese insurer is raising its stake in Bao Viet Tokio Marine Insurance to 51% from 49%.