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Read the latest edition of AIR and MEIR as an Interactive e-book

Apr 2023

Market Profile

Cambodia, Laos, Myanmar, Vietnam

Vietnam insurance market back to pre-pandemic growth trajectory

Vietnam’s insurance industry made an impressive recovery from COVID-19 in 2022. In particular, the non-life segment has returned to its pre-pandemic double-digit growth trajectory.

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Macroeconomic turbulence impacts Myanmar growth

Myanmar continues to face multiple challenges from political instability and slow economic growth that had a direct impact on the insurance sector too.

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Weak currency shrinks motor insurance coverage in Laos

Many motorists in Laos do not buy motor insurance despite its being compulsory. For those that do, coverage is decreasing as the Laotian currency has been depreciating sharply over the past year amid an economic crisis in the country.

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