Dai-ichi Life sees premiums rise 51%

Dai-ichi Life Viet Nam achieved high growth for the first nine months of the year, with its new business premiums almost equal to the new business-sales volume last year.

In the first three quarters, its new premium turnover reached nearly VND230 billion (US$11.5 million), up 51 per cent over the same period last year, with the third quarter alone representing VND110 billion, which gave its the second-highest position among foreign life insurers in Viet Nam.

Chairman Takashi Fujii said the 2010 target was a growth of at least 50 per cent for new business-sales premiums.

Tags: Dai-ichi Life Vietnam, Vietnam insurance, Vietnam insurance industry, Vietnam insurance market

Posted by VBN on Oct 23 2010. Filed under Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry