Andrew Loh Appointed CEO of AIA Vietnam
Experienced insurance leader takes the helm at AIA Vietnam, emphasizing customer-centric strategy and sustainable growth.
Topic: insurance
Life insurers post 2023 revenue of $6.4bln
Premium revenue slips as payouts rise to an estimated $2.3 billion.
Vietnam to host two ASEAN insurance meetings
26th ASEAN Insurance Regulators’ Meeting and 49th ASEAN Insurance Council Meeting to take place in northern Quang Ninh province from December 5-8.
DB Insurance expands in Vietnam with Saigon-Hanoi Insurance acquisition
South Korean insurer picks up a 75 per cent stake in Vietnamese company.
Insurance market expected to see further growth in 2023
Higher demand and new insurance law to boost market.
Credit institutions warned about coercing customers to buy insurance
Strict punishment awaits those violating associated laws.
Finance ministry tightening management over insurance sector
Many insurers have joined hands with banks to force customers to buy insurance products.
Strategy to develop insurance market given green light
Average annual revenue growth targeted at 15%.
Voters propose abolishing compulsory motorbike insurance
Existing regulations reveal shortcomings that make it difficult for riders to access payouts.
Insurers seeing significant growth
Total premium revenue so far this year is estimated at $10.5 billion, up 15 per cent.