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Sunday, August 31, 2025

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Risk-based capital model for insurers may be delayed to 2031

HCMC – The Ministry of Finance has proposed delaying the implementation of the risk-based capital (RBC) model for insurers to 2031 from the original...

Typhoon Yagi insurance claims surge to VND11.6 trillion

HCMC – Insurance claims in Vietnam have surged to nearly VND11.63 trillion in the aftermath of typhoon Yagi and ensuing floods, according to the...

Insurers pay over VND9 trillion for typhoon Yagi damages

HCMC – Vietnam’s insurance companies have paid over VND9 trillion for damages caused by typhoon Yagi and ensuing flooding and landslides, according to the...

Insurance payouts for typhoon Yagi damage estimated at VND7 trillion

HCMC – Insurance payouts related to the damage caused by typhoon Yagi are estimated to reach VND7 trillion, with over 9,000 cases of property...

Solutions for life Insurance market

The State Bank of Vietnam (SBV) is drafting a ministerial circular which may greatly impact the life insurance market. The draft circular specifies that...

NA Standing Committee urges lottery market restructuring, insurance inspections

HCMC – The National Assembly (NA) Standing Committee has requested the Government to restructure the lottery market and strengthen inspections over insurance services to...

Insurance industry mired in difficulties

Apart from industry-specific difficulties, the trend of interest rates going down will also make inroads into insurers’ profitability. Bancassurance grinds to a halt The insurance industry...

Risk insurance proposed for homebuyers

HCMC – The HCMC Real Estate Association (HoREA) has proposed issuing regulations on risk insurance for homebuyers to ensure customers benefit. The association said in...

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