Sun Life Vietnam is estimated to have retained over 70% of the voluntary retirement insurance market share in Vietnam in 2025, underpinned by a strong financial position and a long-term investment strategy in the local market.
In 2025, Sun Life Vietnam paid out more than VND608bn ($23m) in insurance benefits to customers, a 26% increase year on year, reflecting its strong financial capacity and continued commitment to supporting clients against health and life risks.
Despite market volatility in the first half of 2025—driven in part by tariff-related developments and broader global economic uncertainty—the company maintained a disciplined and effective investment approach, generating VND589bn in gross profit from financial activities, reported Dan Tri News.
As of the 2025 year-end, Sun Life Vietnam’s total assets stood at VND19,358bn, with charter capital of VND18,434bn, placing it among the top three life insurers in Vietnam by capital strength. Its solvency margin reached 196%, well above regulatory requirements.
The company also continued to lead Vietnam’s voluntary retirement insurance segment, commanding over 70% market share over the past five years.
As of the end of 2025, the voluntary retirement fund’s total assets approached VND4,500bn, while investment income allocated to retirement accounts exceeded VND160bn.