Vietnam insurance market grows 20.5% in 2019
This is the sixth year in a row that the Vietnam insurance market has achieved a premium growth rate of over 20%.
11:59, 2019/12/19
Sumitomo Life spends US$173 million for 5% stake of Vietnamese insurer Bao Viet
Under the deal, Sumitomo Life raised its shareholding at Bao Viet from current 17.48% to 22.09%.
18:16, 2019/12/16
Sumitomo Life targets larger share in Vietnam’s major insurer Bao Viet
In case of completing the deal, the Japanese company would raise its stake in Bao Viet to 22.09% and remains the Vietnamese insurer’s second largest shareholder.