The total premium revenue in the Vietnamese market for the first five months of this year stood at VND24,869 billion (US$1.11 billion), an increase of 22.7% over the corresponding period of 2014, according to data from the Insurance Supervisory Authority (ISA) of the Ministry of Finance. Non-life insurance premiums are estimated at VND12,287 billion, rising by 14.4% from the corresponding period in 2014 while life insurance premiums stood at VND12,582 billion, up by 32% over the same period of 2014.