The total revenue from insurance premiums in Vietnam reached VND237.2tn ($9.1bn) at the end of 2025, marking a 4% increase compared with end-2024. This was reported by local media, citing the country's National Statistics Office.
The report said life insurance premiums also rose by half a percent to VND148.8tn, while non-life insurance premiums are expected to reach VND88.4tn, up by 10.3% year on year.
The total amount of insurance benefits paid out meanwhile grew by 13.5% year on year to VND91.8tn in 2025.
Total assets in the insurance market are estimated at VNÐ1.1qn as of 31 December 2025, reflecting an 8.6% increase over 12 months previously. Meanwhile, total insurance reserves are expected to have risen by 8.8%, and the equity capital of insurance companies is forecast to have grown by 3.8%.
Vietnam has over 80 life and non-life insurance companies.