vietnam's non-life insurance market

Update news vietnam's non-life insurance market

M&A in Vietnamese non-life insurance sector sees strong development

While mergers and acquisitions in the Vietnamese life insurance sector have been relatively quiet, M&As in the non-life insurance sector have been quite strong, with the participation of both foreign and domestic investors.

Ministry to inspect insurers for motor insurance compliance

The Ministry of Finance will inspect four non-life insurance companies in 2024 to ensure adherence to mandatory motor vehicle insurance regulations.

VN non-life insurance market attracts foreign investors despite challenges

Vietnam's non-life insurance market, currently valued at approximately US$ 2.8 billion, is projected to grow to $28 billion by 2030. Despite this potential, foreign investors have found limited success in the sector over the past 20 years.

Non-life insurance companies undergo mixed performance in Q1

Non-life insurance companies have seen a mixed performance in the first quarter of 2024, with several experiencing significant profit growth and others facing challenges.

Vietnam’s non-life insurance market continues to lure foreign capital

Viet Nam’s non-life insurance market has continued to attract foreign investors in the first months of this year.