PetroVietnam Insurance Joint Stock Co (PVI) has recently signed the cooperation agreement with Uzbekistan-based Alfa Invest Insurance Co and offered insurance services for the two oil fields that PVEP has conducted investment projects in Middle Asia and Uzbekistan. Uzbekistan has had the second largest oil and gas reserve in the former Soviet Community and was [...]
Oct 22 2011 | Posted in
Insurance |
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AIA Vietnam has begun to build a Premier Agency sales force in line with its strategy focusing on quality improvement. These agents have been trained professionally and are the best and most qualified among AIA Vietnam’s agency sales force. Premier Agents are knowledgeable and professional and will advise customers following the company’s highest standards. Building [...]
Oct 13 2011 | Posted in
Insurance |
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The reinsurance market, which has so far been dominated by a single company, the Vietnam Re-insurance Corp-oration, has seen the entry of a second player. The new entrant, PVI Re, a member company of PVI (PetroVietnam Insurance Holdings), has a charter capital of 460 billion dong (US$22 million). Insurance industry insiders said however that PVI, [...]
Oct 8 2011 | Posted in
Insurance |
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Insurers have enjoyed great benefits from agricultural insurance products as they have only paid compensation of less than 30% of sales of contracts launched from 2008 to 2010. Insurers have enjoyed great benefits from agricultural insurance products as they have only paid compensation of less than 30% of sales of contracts launched from 2008 to [...]
Oct 5 2011 | Posted in
Insurance |
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A national trial credit insurance programme aiming to cover nearly 3 per cent of export turnover by credit insurance by the end 2013, has been launched by the ministries of Finance, Industry and Trade, the State Bank of Vietnam (SBV) and the Government Office. Deputy Minister of Finance Tran Xuan Ha said seven insurers have [...]
Oct 4 2011 | Posted in
Insurance |
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The insurance industry reported premiums of more than VND23 trillion (US$1.1 billion) in the first eight months, according to the Ministry of Finance’s Insurance and Supervision Department. The non-life sector accounted for VND13.54 trillion ($646.6 million), a 26.6 per cent rise year-on-year. Life insurance premiums were up 15 per cent. In July, their respective growth [...]
Sep 26 2011 | Posted in
Insurance |
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