non-life insurance industry

Update news non-life insurance industry

The ‘bancassurance nightmare’

Under current laws, insurers can legally cooperate with bankers to sell insurance policies to third parties. However, in Vietnam, bancassurance has turned out to be a "nightmare".

M&A deals to boost non-life insurance industry

The non-life insurance sector has seen a flurry of merger and acquisition (M&A) deals over the past two years, partly reflecting the attractiveness and keen competition of the market, which still has room for growth.