Insurance companies anticipate growth in 2025
HÀ NỘI — More than half of insurance companies expect the market to grow by 5-10 per cent this year, driven by the resonance of internal recovery and policy momentum, according to a survey by Vietnam Report. The information was updated by Vietnam Report JSC at the event announcing the Top 10 prestigious insurance companies......
Life insurance sector saw a slight improvement in the first quarter
According to Ngo Trung Dung, vice general secretary of the IAV, the number of new contracts in the first quarter of 2025 reached nearly 342,000, an increase of 4.3 per cent on-year. Of which, the investment-linked insurance product group still accounted for the highest proportion with more than 54 per cent of the total number......
Non-life insurance market in sees bright spots in H1 despite rising challenges
Several insurers posted significant growth rates in gross written premiums, surpassing 50 per cent compared to the same period last year. Among them were Tasco which counted $25.8 million, up 346 per cent; OPES reaping $86 million, up close to 110 per cent; and SGI with $1.8 million, up 130 per cent. Capitalising on favourable market......
Techcombank granted licence to establish life insurance company TCLife
HÀ NỘI — Techcombank has officially received approval from the Ministry of Finance to establish its life insurance arm, Techcombank Life Insurance Joint Stock Company (TCLife), with a charter capital of VNĐ1.3 trillion (US$49.7 million) and an 80 per cent ownership stake. The licence, issued under Decision No 100, allows Techcombank to set up TCLife to offer......
Agribank Insurance in the Top prestigious non-life insurance companies in 2025
This promotion is not only a testament to the company’s continuous efforts to improve, but also a recognition from the market and customers for an insurance brand deeply attached to the agricultural sector, rural areas and farmers of Vietnam. The ranking has been conducted periodically by Vietnam Report since 2016, based on an objective assessment......
Sabadell Seguros renews its life insurance policies with new covers and services in English
Every Banco Sabadell customer can benefit from the advantages of the new Life Care life insurance. The policy incorporates an extra cover that guarantees a monetary advance in the event of the diagnosis of a serious illness, a free medical check-up during the first year of the policy and wellbeing services for the client. These......