Vietnam’s insurance premium revenue drops for first time in 10 years

Vietnam’s insurance premium revenue drops for first time in 10 years

A crisis of confidence caused insurance premium payments in Vietnam to drop over 8.3% year-on-year in 2023, the first fall in 10 years, according to the General Statistics Office (GSO).

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

Baoviet, Manulife top Vietnam in life insurance premiums

Baoviet, Manulife top Vietnam in life insurance premiums

Baoviet Life topped the nation in life insurance premiums received in the first six months of the year, followed by Manulife, Prudential, Dai-ichi Life and AIA, according to the Insurance Association of Vietnam.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Insurance premiums in Vietnam grow 6.8% to $2.5 bln in Q1

Insurance premiums in Vietnam grow 6.8% to $2.5 bln in Q1

Insurance premiums in Vietnam grew 6.8% year-on-year to VND59.46 trillion ($2.53 billion) in the first quarter of this year, according to the General Statistics Office.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Insurance premium payments up 14% in six months

Insurance premium payments up 14% in six months

Insurers in Vietnam collected premium payments worth VND94,484 billion ($4.04 billion) in the first half of 2022, up 14.23% year-on-year.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7