After the acquisition of two domestic insurance companies by the Republic of Korea’s DB Group last year, M&A activities in the Vietnamese non-life insurance sector have become attractive again this year, with a notable deal.
It is critical to improve the quality of insurance agents and consultants to consolidate trust of insurance buyers and bring the life insurance market back on track, experts have said.
Vietnam remains a key life insurance market in Asia, the Insurance Association of Vietnam told a meeting in Ho Chi Minh City on April 24.
Vietnam’s non-life insurance market has continued to attract foreign investors in the first months of this year.
The life insurance market remains attractive despite slowing down of late, according to the Insurance Association of Vietnam.
The country’s total insurance premium revenue in 2022 is estimated at VND253.7 trillion (US$111.1 million), up 18.04% compared to 2021, according to the Department of the Insurance Supervisory Authority.
Lawmakers discussed the draft law on amendments and supplements to several articles of the Criminal Procedure Code via videoconference during the second session of the 15th National Assembly on October 25 morning.
VOV.VN - The 15th National Assembly (NA) Standing Committee opened its third session on September 13, under the chair of NA Chairman Vuong Dinh Hue.
The Vietnam Report Joint Stock Company on July 9 announced Vietnam's top 10 prestigious life and non-life insurance companies in Vietnam in 2021 as well as assessments on the Vietnamese insurance market.
VOV.VN - As of late April, the stock market capitalisation reached more than VND6,000 trillion, marking a rise of 13.9% compared to the end of 2020 and equivalent to 95.8% of GDP, according to figures released by the Ministry of Finance.