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

Apr 2024

Market Profile


New regulations spur interest in Vietnam non-life market

Vietnam’s non-life insurance was bolstered by a new insurance business law at the start of 2023 which has rejuvenated the market and drawn the attention of foreign investors.

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Stricter regulations for bancassurance

New regulations in Vietnam have introduced stricter conditions and requirements regarding the sale of insurance products through agencies, including banks.

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New regulations will improve Vietnam life insurance

Upcoming laws that are planned by the Vietnamese regulator should have a positive effect on sales of life insurance, especially through bancassurance.

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Vietnam insurance market sustains growth momentum

Figures show that the non-life insurance market in Vietnam flourished in 2023, with total premiums surpassing those of the life sector.

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