Vietnam, Indonesia, Thailand, and the Philippines face unique emerging risks, resulting in distinct nuances within their insurance sectors, says the Singapore-headquartered regional InsurTech company, Igloo.
Malakut Vietnam, an independent multinational broker operating in the Vietnamese market since 2006, has joined WBN, the largest independent broker network in the world.
The government has issued a decree regulating compulsory motor third-party liability insurance.
The total insurance premium revenue in the Vietnamese insurance market in the first half of 2023 is estimated at VND112,741bn ($4.7bn), down by 5% over the corresponding half of 2022, newly released data from the Vietnam Insurance Association show.
FWD Group Holdings Limited marked its 10th anniversary since the FWD brand was introduced on 14 August 2013, by announcing its '10 grants in 10 markets' charitable initiative for local communities.
PVI Reinsurance Joint Stock Corporation has officially announced that it has been granted approval by the Ministry of Finance to change the company's name to Hanoi Reinsurance Joint Stock Corporation, effective from 3 August 2023.
Many insurers, especially non-life insurance companies, reaped positive business results in the first half of 2023 thanks to a sharp increase in interest rates in the second half of 2022 and the stock market recovery in the first half of 2023.
The 8th Asia Trusted Life Agents & Advisers Awards (ATLAA) concluded yesterday evening, celebrating 16 winners recognised for their outstanding contributions and performance.
The insurance market has achieved relatively positive results in the first six months of 2023, especially amidst unfavourable macroeconomic conditions and complaints about mis-selling of life insurance plans.
FWD Group Holdings Limited (FWD Group) ranked number six in the 2023 Million Dollar Round Table (MDRT) Top 10 Multinational Companies rankings, retaining its position from last year.