An insurance employee checks a car to discuss the compensation with a customer. Compensation costs related transport accidents of insurers last year were low due to social distancing. — Photo tinnhanhchungkhoan.vn HÀ NỘI — After gaining high growth last year, the insurance industry is forecast to experience a less favourable time …
Read More »Low interest rates put pressure on non-life insurers
An employee of a non-life insurance company meets a customer to sign a car insurance contract. — Photo tinnhanhchungkhoan.vn HÀ NỘI — Though the economic recovery can give non-life insurers opportunities to improve revenue, it will be still difficult for them to increase profits as the majority of their investment …
Read More »Non-life insurance enterprises expand in market
Although the pandemic continues to be complicated, insurance companies are still confident in the development strategy. — VnExpress News File Photo HÀ NỘI — Over the past year, the economic situation has changed a lot due to the pandemic, which has affected non-life insurance revenue, but many businesses still achieved …
Read More »Central bank to keep watch on bancassurance activities
A bank employee introduces insurance products to a customer. Photo cafef.vn HÀ NỘI — Bancassurance activities will have to strictly comply with the provisions of the Law on Insurance Business, according to the State Bank of Vietnam (SBV). Under a newly-issued directive, the SBV has required banks, which provide bancassurance products, …
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