Insurance market abuzz with M&A

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Báo Đầu Tư English 2 week(s) ago

As the trend among foreign insurance companies to acquire 100 per cent ownership over insurance companies progresses at a stable pace, the Vietnamese insurance market expects to witness several major brand name changes.

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Insurance company pays for insured patients with Lupus

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SaiGon GP English 1 month(s) ago

The Vietnam Social Insurance Company has sent its document to its sub-division in Ho Chi Minh City asking to continue paying for the medications for people with Lupus.

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Aviva acquires entire shareholding in Vietnam JV

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Báo Đầu Tư English 1 month(s) ago 1 related news

The multinational insurance company Aviva Plc has announced the acquisition of VietinBank’s entire 50 per cent shareholding in its life insurance joint venture VietinBank Aviva Life Insurance Limited (Aviva Vietnam) and signing of a new distribution agreement with VietinBank to sell life and health insurance products through the bank’s network of over 1,100 branches and transaction offices, the second-largest in the market.

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New medical fee applied for uninsured patients since June 1

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SaiGon GP English 1 month(s) ago

The new medical fee will go into effect on June 1, 2017 for 1,900 services in medical clinics nationwide on self-pay patients,as per the Ministry of Health’s document.

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Sun Life now wholly foreign-owned

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Báo Đầu Tư English 4 month(s) ago

PVI-Sun Life has recently made the switch to Sun Life Vietnam, a 100 per cent foreign-owned subsidiary of Canadian life insurance company Sun Life Financial, aligning with the parent firm’s global strategy to better serve Vietnamese customers.

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HIV infected people encouraged to buy medical insurance

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SaiGon GP English 6 month(s) ago

Though the government urged the health sector must facilitate people living with HIV/AIDS to have medical insurance, just around 40 percent of them have insurance cards. In fact, HIV infected people's treatment fee is covered by insurance company.

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FWD Vietnam opens head office in Ho Chi Minh City

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Báo Đầu Tư English 6 month(s) ago

FWD Vietnam Life Insurance officially opened its head office in Ho Chi Minh City’s District 1 on November 29, making the first key milestone as FWD Vietnam aims to become a leading insurer in Vietnam with its vision to change the way people feel about insurance.

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Vo Truong Toan Award honors 20 outstanding teachers in Danang

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SaiGon GP English 7 month(s) ago 1 related news

Sai Gon Giai Phong Newspaper, Danang’s Education and Training Department and Prudential Life Insurance Company co-organized a solemn award ceremony of the first Vo Truong Toan Award in Danang city this morning.

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Red Cross Society, Prudential staffs partake in blood donation festival

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SaiGon GP English 7 month(s) ago

The Vietnam Red Cross Society, Prudential Insurance Company and the national Institute of Hematology and Blood Transfusion yesterday in Hanoi launched the program to voluntarily donate blood and festival to give blood with the participation of members, volunteers of the society.

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Sun Life Financial completes acquisition of remaining 25 per cent in PVI Sun Life

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Báo Đầu Tư English 7 month(s) ago

Sun Life Financial Inc. on November 9 announced the completion of the acquisition of the remaining 25 per cent charter capital of PVI Sun Life Insurance Company Limited from PVI Holdings following receipt of regulatory approval.

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Dai-ichi Life Vietnam launches CSR Foundation

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Báo Đầu Tư English 8 month(s) ago

With the commitment to being a “Lifetime partner” and bringing long-term benefits to Vietnam country and its people, Dai-ichi Life Vietnam, a wholly-owned subsidiary of Japan’s leading life insurer Dai-ichi Life Insurance Company Limited, yesterday organised the launching ceremony of the CSR Foundation “For A Better Life” at Sofitel Legend Metropole Hotel in Hanoi.

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City supports 100 percent of health insurance cost for close-poverty people

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SaiGon GP English 9 month(s) ago

City supports 100 percent of health insurance cost for close-poverty people

The residual fund balance of state-owned HCMC Social Insurance will be used to support the poor and those in close to poverty line, said the insurance company during a meeting on how to use the abundant fund of the insurance company for the poor.

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Lieutenant Huyen Tram's baby discharged

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SaiGon GP English 9 month(s) ago

Lieutenant Huyen Tram's baby discharged

The National Maternity Hospital August 31 announced the son of Dau Thi Huyen Tram who suspended cancer treatment to save infant son was discharged from the hospital.

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Canadian joint owner takes over whole PVI Sun Life

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Báo Đầu Tư English 9 month(s) ago

Canadian joint owner takes over whole PVI Sun Life

PVI Holdings Company (PVI) has agreed to sell its remaining 25 per cent stake in PVI Sun Life Insurance Company Limited (PVI Sun Life) to Sun Life Assurance Company of Canada (Sun Life), increasing the latter’s equity ownership to 100 per cent, according to newswire Tinnhanhchungkhoan.vn.

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Police not prosecute woman who hires man to cut off her own hand, foot in failed insurance fraud

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SaiGon GP English 9 month(s) ago 1 related news

Police chief of Bac Tu Liem district in Hanoi Colonel Nguyen Thanh Tung yesterday said that police would not prosecute the woman who had hand and foot cut off in a failed insurance scam.

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