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.
PVI Holdings continued to maintain its top position in the field of non-life insurance with revenue hitting 4.17 trillion VND (187.65 million USD) in the first half of 2016.
Non-life insurance companies in the country are faced with a shortage
of actuaries who meet national standards, according to the deputy
general secretary of Vietnam Insurance Association.