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November 07, 2022 | 10:30

Non-life insurance poised for growth

Hoàng Lan

AM Best has assessed that Vietnam’s non-life insurance market has prospects for growth in 2023 from three factors: global economic fluctuations leading to increased demand for insurance; the Law on Insurance Business taking effect from January 1; and insurance gaining in appeal after interest rate hikes by the State Bank of Vietnam (SBV).

Non-life insurance poised for growth
Photo: VnEconomy

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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