Insurance sector revenue grows 19 percent Business

Insurance sector revenue grows 19 percent

The insurance sector reported growth of 19 percent in premium income in the first five months of this year, topping 38.7 trillion VND (1.7 billion USD), the Insurance Association of Vietnam said.
Move to help insurance brokers Society

Move to help insurance brokers

The legal framework for the operation of insurance brokerage companies will be improved to enhance their competitiveness, according to the Insurance Supervisory Authority under the Ministry of Finance.
Business

Non-life insurance hits double-digit growth

Non-life insurance premiums managed to return to a double-digit growth in the first eight months of 2014, according to preliminary reports of non-life insurance companies to the Insurance Supervisory Authority.
Business

Premium growth slumps in first half

The insurance market experienced a lower rate of growth in the first half of this year, mainly due to economic difficulties, according to Trinh Thanh Hoan, Director of the Ministry of Finance's Insurance Supervisory Authority (ISA).
Business

Insurance premiums to total 2.2b USD in 2012

The insurance market will continue to expand this year, with total premiums expected to reach 46 trillion VND (2.2 billion USD), up 24 percent from last year, says a recent report from A.M. Best, a credit rating agency covering the insurance industry.
Business

Insurance premiums rise in first eight months

The insurance industry reported premiums of more than 23 trillion VND (1.1 billion USD) in the first eight months, according to the Ministry of Finance's Insurance and Supervision Department.
Business

Insurance market up more than 20 percent in H1

Despite economic difficulties, the insurance market still surged 20.34 percent in the first half of the year against the same period in 2010, said the Ministry of Finance's Insurance Supervisory Authority.
Business

Insurance premium grows 20 percent

Total insurance premiums are estimated to have reached 30.69 trillion VND (1.57 billion USD) this year, a rise of 20.3 percent on last year, according to the Ministry of Finance's Insurance Management and Supervision Department.