Vietnam’s insurance penetration hits 81.7%
January 5 2017 by InsuranceAsia News-
Chubb to buy Liberty Mutual’s P&C arms in Thailand, Vietnam
- March 3
Two Liberty insurance businesses produced approximately US$275m in net premiums written in 2024.
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Vietnamese coffee farmers receive first-ever payout from Willis’ parametric policy
- February 17
The risk transfer solution, backed by the Natural Disaster Fund and in partnership with Bao Minh Insurance, uses satellite data to measure rainfall levels in the country’s coffee-growing regions.
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APAC records nat cat insured losses at US$8bn in 2024, the lowest since 2012: Gallagher Re
- January 22
Three events - China seasonal floods, Typhoon Yagi, and Japan’s Noto Peninsula Earthquake - drove 68% of economic losses, or US$88bn, in the region.
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First for Vietnam as Circles Group, Bao Minh Insurance offer film, event solutions
- January 22
MGA will provide A-rated capacity, products and underwriting, while the Vietnamese insurer will offer distribution and local regulatory paper.
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WTW | Navigating a complex world with endless possibilities
Living with rising uncertainty from new and emerging risks can be turned into strategic opportunities for businesses.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.