Life insurance market to take on new player

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VietStock FI English 2 day(s) ago

Dai-ichi Life Insurance, one of Japan’s biggest life insurers, will open its first offices in Phnom Penh at the end of the month, and plans to begin selling life insurance policies as early as April 2017, according to Japanese media reports.

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Generali Vietnam and Eximbank establish bancassurance partnership

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Báo Đầu Tư English 3 day(s) ago

Generali Vietnam and Eximbank establish bancassurance partnership

Italian-backed life insurer Generali Vietnam and the Vietnam Export Import Commercial Joint Stock Bank, a leading commercial joint stock bank in the country, yesterday announced an exclusive bancassurance partnership in a signing ceremony at the Sheraton Saigon.

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Vietnam's insurance sales see six-year high growth: data

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Báo Thanh Niên English 3 day(s) ago

Insurance companies in Vietnam reported premium revenues of more than VND38.61 trillion (US$1.7 billion) in the first six months, an increase of 25.9 percent from a year ago, local media have reported, citing the finance ministry.

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Vietnam’s insurance market booming

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Báo Đầu Tư English 5 day(s) ago

Vietnam’s insurance market booming

Vietnam’s life insurance market continued to show positive signs of development in the first half of 2016 and attracts more foreign players. VIR’s Thanh Xuan talked with Phung Dac Loc, general secretary of the Association of Vietnam Insurers, to get in-depth analysis on the industry.

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Streamlining procedures for new life insurance products

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Báo Đầu Tư English 5 day(s) ago

Streamlining procedures for new life insurance products

Life insurance companies in Vietnam will benefit from simpler administration procedures when they register for the launch of any new product due to the easing of previous overly complicated governmental procedures.

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Credit life insurance provides a safety net for borrowers

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VietStock FI English 6 day(s) ago

Credit life insurance provides a safety net for borrowers

More Cambodians than ever are turning to microfinance for money to cover their small business endeavours or pay expenses, and, increasingly, they are looking to protect their families from the burden of these debts in the event of death or disability.

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Manulife boosts financial strength in Vietnam

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Báo Đầu Tư English 1 week(s) ago

Manulife boosts financial strength in Vietnam

Manulife, a leading Canada-based financial services group, just increased the chartered capital in its Vietnamese operations by 38 per cent to VND1.35 trillion ($61.6 million), a move that demonstrates the company’s long-term commitment to the country’s life insurance market.

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Dai-ichi Life Vietnam opens new advisory centre

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Báo Đầu Tư English 2 week(s) ago

Dai-ichi Life Vietnam opens new advisory centre

Japan-backed Dai-ichi Life Insurance Company of Vietnam just opened its second financial advisory centre at 195 Kham Thien Street in Hanoi’s Dong Da district, following the first one which became operational from March 2016 at the company’s headquarters in Ho Chi Minh City.

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Singapore's life insurer Great Eastern exits Vietnam: report

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Báo Thanh Niên English 1 month(s) ago 1 related news

Singaporean life insurance company Great Eastern Holdings Ltd has reportedly pulled out of the Vietnamese market after nine years of operation to focus on other Southeast Asian markets.

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Cha-Ching teaches financial literacy

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VietStock FI English 1 month(s) ago

Prudence Foundation, established by Prudential Life Insurance, launched its nationwide financial literacy program Cha-Ching yesterday.

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BIDV Metlife takes Vietnam by storm

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Báo Đầu Tư English 2 month(s) ago

BIDV Metlife takes Vietnam by storm

BIDV MetLife, a joint-venture between Bank of Investment and Development of Vietnam and New York City-headquartered life insurer MetLife, has significantly expanded its distribution network in Vietnam this year and will have its products available in every province of the country by year-end.

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After slow start, life insurance takes off

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VietStock FI English 2 month(s) ago

Life insurance is experiencing explosive growth, leading the pack among all insurance products by year-on-year premium growth during the first quarter of 2016, according to the latest industry figures.

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Major Vietnam insurer Pjico to sell stake to foreign investor: report

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Báo Thanh Niên English 3 month(s) ago

Pjico, one of Vietnam's five biggest non-life insurance companies, is set to sell a 20 percent stake to a foreign investor, expecting to increase its charter capital by 40 percent to VND1 trillion (US$44.89 million).

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Manulife Vietnam records 69pc growth in 2015 insurance sales

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Báo Đầu Tư English 3 month(s) ago

Manulife Vietnam records 69pc growth in 2015 insurance sales

Manulife Vietnam, one of the Vietnam’s Top 3 insurers, reported annualised premium equivalent (APE) insurance sales of VND1.68 trillion ($75.3million) in 2015, up 69 per cent from the year before.

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Generali Vietnam Life appoints Tina Nguyen as CEO

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Báo Đầu Tư English 3 month(s) ago

Generali Vietnam Life appoints Tina Nguyen as CEO

Generali Vietnam Life Insurance Co., Ltd on April 13 announced the appointment of Nguyen Thi Hong Thanh, Tina Nguyen as its new CEO.

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