Insurance companies are optimistic

According to the minister of finance, the Vietnamese market is poised to maintain a sustained growth in both life and non-life insurance. A chance for the 49 direct insurance companies established in the country.

For the year 2009, the growth rates expected are set between 8% and 10% in life insurance and between 15% and 18% in non-life insurance. For the2010-2013 period, these growth rates would rise to 11% for life and to about 25% for the non-life insurance.

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