Login Register Subscribe
Current Issue

Vietnam: Modest growth predicted for nonlife insurance segment


Vietnam's nonlife insurance segment is expected to grow by around 8% in 2014, Bernama reported.

Luong Quang Ban, deputy director of PetroVietnam Insurance Corp., said the country's insurance market could achieve double-digit growth.

But Ton Lam Tung, general director of the BIDV Insurance Corp., told local news source Thoi bao Tai chinh Vietnam that 2014 would be a challenging year for the insurance industry, particularly for the nonlife segment.

Read more