Trends and Opportunities in the Vietnamese Non-Life Insurance Industry to 2016: Market Profile
Synopsis The report provides top-level market analysis, information and insights into the Vietnamese non-life insurance market, including: • A description of the non-life insurance market in Vietnam • The Vietnamese non-life insurance market’s growth prospects by non-life insurance categories • The various distribution channels in the Vietnamese non-life insurance market Summary The Vietnamese non-life insurance segment recorded significant growth during the review period. Following its liberalization in 2008, the market dynamics of the Vietnamese insurance industry have changed. In 2011, the Vietnamese non-life insurance segment accounted for the total insurance industry. The country’s growing economy, rising disposable income levels and expanding middle-class population have contributed to the growth of the insurance segment. The property insurance category accounted for the largest proportion of the non-life insurance written premiums in 2011, with a share of non-life insu...