Judges gathered online on the 6 May 2021 to deliberate and vote on worthy winners drawn from an impressive shortlist in the final round of judging for the 6th Asia Trusted Life Agents & Advisers Awards.
Prospectively, global credit rating agency AM Best expects recent portfolio remediation measures taken by Vietnam National Reinsurance Corporation's (VINARE) to support robust underwriting performance over the medium term.
The government has issued a decree regulating the national insurance database which will be launched on 1 June.
Indonesia-based omnichannel InsurTech Qoala has made a strategic acquisition of FairDee, a Thai InsurTech, with the new partnership further expanding Qoala's reach in Southeast Asia.
The average annual growth rate of Vietnam's insurance industry for the five years from 2016 to 2020 was about 22%, with the non-life insurance market growing by 13% on average, the life insurance market showing average growth of 28%.
Singapore-based FinTech startup firm GoBear, which began operations as platform for comparing insurance plans of different insurers, has announced that it will cease operations and close its business.
Sun Life Vietnam Insurance Company Limited (Sun Life Vietnam) and Asia Commercial Joint Stock Bank (ACB) have formed a 15-year exclusive bancassurance partnership in Vietnam.
Prudential Vietnam Assurance Private Ltd. ("Prudential Vietnam") and Southeast Asia Commercial Joint Stock Bank ("SeABank" - Vietnam) have further strengthened their strategic partnership by signing a Memorandum of Understanding ("MOU") agreement to distribute digital products.
Manulife Vietnam and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) have signed an agreement to establish an exclusive 16-year bancassurance partnership to better serve the growing financial and insurance needs of the Vietnamese people.
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Manulife (Vietnam) have signed an agreement to establish an exclusive 16-year bancassurance partnership to better meet the growing financial and insurance needs of the Vietnamese people.