According to the revised law on health insurance, from 1 July 2025, patients will be paid 100% of the benefits when having an initial health check-up nationwide, regardless of administrative boundaries by province.
Sun Life, in partnership with global sport for social change foundation Beyond Sport, has announced the extension of its "Hoops + Health" philanthropy programme for the second year, with the goal of helping 45,000 young people get active by the end of 2025 by providing safe spaces, coaching programmes and equipment in underprivileged communities.
Vietnam's life insurance market is expected to shrink by 1.3% in 2025, with gross written premiums (GWP) dropping to $6.0bn from $6.1bn in 2024, according to GlobalData.
Vietnam's insurance industry is witnessing a surge in strategic capital expansion, boosting investor confidence and reigniting interest in insurance stocks.
The State Bank of Vietnam (SBV) has amended the law on deposit insurance to grant Deposit Insurance of Vietnam (DIV) more power.
Chubb has announced agreements to acquire the insurance businesses of Liberty Mutual in Thailand and Vietnam.
Women in Singapore have made significant strides towards financial empowerment even as barriers remain, according to a new survey by Sun Life Asia.
Munich Re has appointed Ms Hanh Nguyen as head of treaty P&C underwriting for Southeast Asia (SEA) and India, effective 1 March 2025. Since 2024, she has been acting as deputy head of treaty P&C underwriting for SEA and India.
The risk transfer solution, backed by the Natural Disaster Fund (NDF) and in partnership with Bao Minh Insurance Corporation, provides timely relief to coffee growers affected by drought.
Challenges have arisen regarding regulations related to labour, insurance, and taxes for foreign workers who are transferred from international offices within the same group to work in Vietnam.