The COVID-19 pandemic has so far hurt many businesses in the country, except the insurance industry.
Banks and insurance companies are ramping up co-operation in selling life insurance products (bancassurance) to cash in on the high growth segment as some have posted annual triple-digit growth rates in the business.
BIDV Insurance Corporation (BIC) has reported profit before tax of nearly VNĐ203 billion (US$8.7 million) in 2018, beating its yearly target by 6.7 per cent. This number is also 8.8 per cent higher than the previous year.
FWD Vietnam Insurance Company has won the "Marketing Initiative of the Year" award at the 2018 Asia Insurance Awards.
PVI Insurance Corporation and Vietnam Airlines Corporation on Wednesday launched a comprehensive travel insurance package, TripCARE, to give customers complete peace of mind during each trip.
Many violations and shortcomings have been found at the State Capital and Investment Company (SCIC).
Sun Life Financial Inc (Sun Life) late last week announced the completion of the acquisition of the remaining 25 per cent charter capital of PVI Sun Life Insurance Company Limited (PVI Sun Life) from PVI Holdings following receipt of regulatory approval.