The number of new life insurance agents recruited in the first six months of 2026 decreased by more than 20% to 30,000, compared to the corresponding half last year.
Vietnam's non-life insurance industry is calling for greater data connectivity and information sharing across the market as it seeks to strengthen risk management and improve underwriting and claims processes.
AM Best is maintaining its stable outlook on Vietnam's non-life insurance segment, citing robust demand, technology adoption and healthy macroeconomic factors.
Vietnam's strong macroeconomic fundamentals, along with increased government expenditure, continue to drive commercial insurance demand and support operating earnings, despite increasing competition, says AM Best.
The Ministry of Health, the Ministry of Finance and Vietnam Social Security (VSS) are studying the establishment of a multi-tiered healthcare financing model.
Vietnam's private sector bank Techcombank, has launched the country's first comprehensive co-payment health insurance product, which will integrate banking, wealth management and insurance across its digital platform, reported finews.asia.
MSIG Asia has appointed Mr Ronak Shah as Regional CEO, effective 1 October 2026. In addition to leading the insurer's operations across Southeast Asia, Hong Kong, India and Oceania, Mr Shah will assume regional leadership responsibility for Mainland China, Taiwan and Korea.
Willis, a WTW business, has announced the appointment of Mr Oliver Pryce as Head of Corporate Risk and Broking Southeast Asia; and the promotion of Mr Rupert Roberts to the role of Chief Commercial Officer, Asia. Both appointments are effective 4 January 2027.
DBV Insurance Group Joint Stock Company has been fined VND200m ($7,700) by Vietnam's National Competition Commission for engaging in unfair competition practices.
Sun Life has promoted Mr Chris Wei to the role of President, SLC Management, of Asia Wealth and Capital Markets.