The non life insurance market growth

The Vietnamese non life insurance market recorded a turnover of 40 500 billion VND (1.78 billion USD) in 2017, that is an increase of 11% compared to 2016.
As for assets held by non-life insurers, they reached 73 600 billion VND (3.25 billion USD) of which 38 800 billion VND (1.71 billion USD) was reinjected into the economy.

For the year 2018, local insurers are expecting a turnover of 44 700 billion VND (1.97 billion USD) and assets of about 77 300 billion VND (3.41 billion USD).

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