Magazine Table of Contents
Cambodia, Laos, Myanmar, Vietnam
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.
Myanmar continues to face multiple challenges from political instability and slow economic growth that had a direct impact on the insurance sector too.
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.