Insurance industry forecast to keep thriving in 2020 The insurance industry aims to maintain a high growth rate of 18.42 per cent this year, gaining revenue of VNĐ188.73 trillion (US$8.1 billion), according to the Ministry of Finance’s Insurance Supervisory Authority (ISA). In 2019, insurance companies in Vietnam collected a total premium of US$6.93 billion – a 20.5% year-on-year growth.
5 INSURANCE SUPERVISORY AUTHORITY MINISTRY OF FINANCE OF VIETNAM 1992-2003 MINISTRY OF FINANCE Insurance Division Department of … International Association of Insurance Supervisors (IAIS) Established in 1994, the IAIS is a voluntary membership organization of insurance supervisors and regulators from more than 200 jurisdictions, constituting 97% of the world's insurance premiums. The project, conducted by IVASS, has been financed by the Ministry of Economic Development - Direction General for the Market, Competition, Consumer Protection and Technical Standards, using the fund allocated for the benefit of consumers. From then on, the supervisory authority was known as the Reich Insurance and Building and Loan Association Supervisory Office (Reichsaufsichtsamt für das Versicherungs- und Bausparwesen), while the restructured supervision act was named the Insurance Supervision Act (Versicherungsaufsichtsgesetz – VAG).
According to the Insurance Supervisory Authority, the year 2020 is the sixth year that marks Vietnam’s insurance market achieving an outstanding growth rate of more than 20%. Insurance Video Clips The series of short videos promoting information and sensitization on insurance education related issues is available online. 01 fellows from Insurance Supervisory Authority (ISA) Tran Nam Trung (Mr) Inspection Division 06 years experience on inspections of life insurance companies, non- life insurance companies and broker. MINISTRY OF FINANCE organization chart 4. On 15 February 2012, the Prime Minister issued Decision 193 setting out the strategy for the development of Vietnam’s insurance market for the period until 2020. Seasonal Greetings from Commissioner of Insurance to Insurance Registrants Post date: Tue, 12/19/2017 - 17:44 Kamishna wa Bima nchini Dr. Baghayo … The Insurance Supervisory Authority of Ministry of Finance of Vietnam visits the FSC and holds roundtable with TII