Improve processes and enhance experience to rebuild trust in life insurance

Improve processes and enhance experience to rebuild trust in life insurance

VCN - In Vietnam, the space and potential of the life insurance industry is still very large, so it is necessary to focus on implementing new solutions, improving product quality, and helping the market develop sustainably.
Investment business of insurance enterprises are managed more strictly

Investment business of insurance enterprises are managed more strictly

The Law on Insurance Business (revised) stipulates more strictly the right of business and investment of insurance enterprises. This is expected to have a positive impact on the insurance market.
The life insurance market is growing at a high rate

The life insurance market is growing at a high rate

VCN- According to insurance enterprises, as of the beginning of October 2019, the total fee revenue of life insurance enterprises was estimated at VND 74,477 billion, up 24.5 percent compared to 2018.
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
Life insurance industry sees increasing M&A activity

Life insurance industry sees increasing M&A activity

As an attractive industry in Vietnam, the life insurance market is luring a wide range of international investors.
20% insurance growth target set

20% insurance growth target set

Vietnam s insurance sector is predicted to grow 20 per cent this year thanks to a change in Government policies experts said.
No competition between the voluntary retirement program and retirement insurance

No competition between the voluntary retirement program and retirement insurance

VCN- From August 1, 2016, the Government issued Decree No.88 on the Voluntary Supplemental Retirement Program. T
The Ministry of Finance directly manages Protection Fund for insured

The Ministry of Finance directly manages Protection Fund for insured

​VCN- The Government has issued Decree No. 73/2016 / ND-CP regulating details of the implementation of the Law on Insurance Business
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