Top 10 prestigious insurance companies in Vietnam in 2021 announced

The Vietnam Report Joint Stock Company on July 9 announced Vietnam's top 10 prestigious life and non-life insurance companies in Vietnam in 2021 as well as assessments on the Vietnamese insurance market.

Friday, July 09, 2021 18:44

Top 10 prestigious insurance companies in Vietnam in 2021 announced ảnh 1

Transaction at Hai Phong branch of Bao Viet Life Corporation (Photo: VNA)

Hanoi (VNA) – The Vietnam Report Joint Stock Company on July 9 announced Vietnam's top 10 prestigious life and non-life insurance companies in Vietnam in 2021as well as assessments on the Vietnamese insurance market.

The list of top 10 life insurance companies included Bao Viet LifeCorporation, Prudential Vietnam Assurance Private Limited Company, Dai-ichiLife Vietnam, AIA Vietnam and Manulife Vietnam.

Meanwhile, firms like Bao Viet Insurance Corporation, PVI Insurance, Post andTelecommunication Joint Stock Insurance Corporation, Petrolimex Insurance Corporation, and Military Insurance Corporation were named on the top 10 non-life insurance firms.

Commenting on the Vietnamese insurance market in the currentperiod amid impacts of the COVID-19 pandemic, Vietnam Report General Director VuDang Vinh said that despite the downturn in the world insurance market, thedomestic insurance sector has seen impressive growth.

Last year, insurance companies paid over 48.2 trillion VND(2.09 billion USD) of benefits to customers, up 11.4 percent over 2019, henoted.

In 2021, more than 50 percent of insurance firms made decisions relating to digital transformation, customer managing and approaching, andinsurance product development, he added./.

VNA

#Vietnam Report Joint Stock Company #top 10 life insurance companies #non-life insurance firms #Bao Viet Insurance Corporation #Vietnam #Vietnam news #Vietnam News Agency

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