Reasons To Buy:
Make strategic business decisions using in-depth historic and forecast market
data related to the Vietnamese reinsurance segment, and each category within
it.
Understand the demand-side dynamics, key market trends and growth
opportunities in the Vietnamese reinsurance segment.
Identify growth opportunities and market dynamics in key product categories.
Gain insights into key regulations governing the Vietnamese insurance
industry, and their impact on companies and the industry's future.
Key Highlights:
According to a decree issued on July 1, 2016, foreign firms can reinsure a
maximum of 90% of their total business.
The government issued Decree No. 73/2016/ND-CP on implementation and
amendments to certain articles of the Law on Insurance Business, which came
into effect from July 1, 2016.
According to Decree 67/ND-CP, the Ministry of Finance (MoF) implemented
aquaculture insurance products, for which Vietnam National Reinsurance
Corporation (Vinare) was chosen as the reinsurer.