Tags: prudential

Hong Kong-based insurer likely to reach deal with Vietcombank

Hong Kong-based insurer likely to reach deal with Vietcombank

Insurer FWD Group Ltd. is nearing an agreement to pay about 400 million USD for a unit of the Bank for Foreign Trade of Vietnam JSC (Vietcombank), and a long-term insurance distribution agreement with the bank, Bloomberg reported.

Prudential Vietnam funds WFF plastic awareness project

Prudential Vietnam funds WFF plastic awareness project

Prudential Vietnam Assurance Private Ltd., and World Wide Fund for Nature (WWF) signed a collaboration agreement on November 16 in Hanoi on the project “Building plastic pollution free communities.”

Bao Viet tops Vietnam insurance market

Bao Viet tops Vietnam insurance market

The Bao Viet Group ranked first among the insurance companies in Vietnam with a revenue of more than VND9.9 trillion (nearly US$423.7 million) in the first half of 2018.

Insurance industry hits growth of 24% in H1

Insurance industry hits growth of 24% in H1

Vietnam’s insurance industry achieved high year-on-year growth of 24.35% in the first half of 2018, helping total revenue to reach more than VND58.65 trillion (US$2.58 billion).

Vietnamese life insurance sector going online

Vietnamese life insurance sector going online

Prudential, Manulife, and FWD were among the first insurance firms to transfer insurance transactions to digital platforms, who are now followed by Chubb Life, Generali Vietnam, and Hanwha Life.

Vietnam to develop multi-tiered social security system: Deputy PM

Vietnam to develop multi-tiered social security system: Deputy PM

The government is developing a scheme for reforming Vietnam’s social insurance policy aiming to establish a multi-tiered social security system which will be submitted for approval in May, said Deputy Prime Minister Vuong Dinh Hue on March 5.

Consumer credit grows rapidly as retailers thrive

Consumer credit grows rapidly as retailers thrive

The appearance of big foreign retail chains like CircleK, Shop&Go, FamilyMart and Aeon and the strong rise of Vietnamese chains Vinamart, Co-op and The Gioi Di Dong have fostered the development of consumer credit in Vietnam, according to the State Bank of Vietnam.

Vietnam's insurance sales see six-year high growth

Vietnam's insurance sales see six-year high growth

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% from a year ago, local media have reported, citing the finance ministry.

Vietnamese insurance firms target niche market

Vietnamese insurance firms target niche market

Vietnamese life insurance companies are seeing good growth in a niche market, holding a majority market share in the north central provinces of Nghe An, Ha Tinh and Quang Binh as well as in south western localities.

Prudential Vietnam builds kindergarten in Ha Giang

Prudential Vietnam builds kindergarten in Ha Giang

Construction on three classrooms of a kindergarten located in Can Chu Phin commune, Meo Vac district, northern mountainous province of Ha Giang began on August 12 thanks to VND1.4 billion (US$65,116) in donations from Prudential Life Insurance.

Prudential to provide 320 children free eye surgery

Prudential to provide 320 children free eye surgery

(VOV) - On August 10th, Prudential Vietnam Assurance Private Ltd and the National Fund for Vietnamese Children (NFVC) signed a funding agreement for the fourth edition of the ‘Vi anh mat tre tho’ (For Children’s Eyes) project.

Deputy PM Ninh to visit Sweden, Britain

Deputy PM Ninh to visit Sweden, Britain

(VOV) - Deputy Prime Minister Vu Van Ninh will make a week-long tour of Sweden and Great Britain and Northern Ireland from April 9-17, to strengthen bilateral cooperation in various areas, especially economics, trade, and investment.

Prudential pledges US$10 million

The UK Prudential Insurance Group has pledged US$10 million for Vietnam’s community activities in the 2011-2015 period through the Prudence Vietnam Fund, announced CEO of Prudential Vietnam Jack Howell in Hanoi on January 17.