DUBLIN, Ireland - (Business Wire) Research and Markets (
http://www.researchandmarkets.com/research/997013/vietnam_insurance) has announced the addition of the "Vietnam Insurance Report Q3 2008" report to their offering.
In Q308, the key change is that we have incorporated much more information about the companies that are operating across the regions of which each country is a part. We have sought to make it much clearer who is operating in each country and under what name(s). Perhaps equally importantly, our profiles make it plain which multinational companies are not operating in each country.
In the Asia Pacific, we profile 23 companies. These are AEGON, AIG, Allianz, Aviva, AXA, Cardif, Fortis, Generali, Groupama, HDI-Gerling, HSBC Insurance, ING Group, Liberty Mutual, Manulife, MetLife, Prudential Financial, Prudential plc, QBE, RSA, Sun Life Financial, The Hartford, Principal Financial Group and Zurich Financial Services.
We also look at various local firms that are active in the region: some of these companies rank, in terms of the premiums that they write, among the largest in the world. For almost all the countries whose reports we are updating, we are also able to include actual data for calendar 2007: this was not the case for our Q208 reports. In 2007, total premiums in Vietnam rose by 17% to VND17,850,000mn. Non-life premiums rose by 19% to VND8,350,000mn, while Life premiums rose by 14% to VND 9,500,000mn.
Between now and the end of the forecast period, we expect that annual Non-life premiums will grow by VND13,633,931mn, while annual Life premiums should increase by VND19,362,568mn. Growth in Non-life premiums should be driven by the general growth in nominal GDP plus a rise in Non-life penetration from the current level of 0.74% to 1.00%. Growth in Life premiums should be driven by the change in the overall population and a rise in life density from US$6.84 to US$20 per capita. Our Insurance Business Environment Rating is 44.1.
Key Topics Covered:
- The Sector At A Glance
- Key Insights On Vietnam’s Insurance Sector
- Vietnam Industry SWOT
- Development Of Our Insurance Reports
- Projections And Forecasts
- Projections And Drivers Of Growth
- Country Update
- Macroeconomic Outlook
- Political Outlook
- Insurance Business Environment Rating
- Regional Context Analysis Of Competitive Conditions
- Regional Overview
- Vietnam – Non-Life Segment
- Vietnam – Life Segment
- Company Profiles
- Methodology
- Basis Of Projections
- Insurance Business Environment Rating
- Table: Insurance Business Environment Indicators And Rationale
- Table: Weighting Of Indicators
Companies Mentioned:
- AEGON
- AIG
- Allianz
- Aviva
- AXA
- Cardif
- Fortis
- Generali
- Groupama
- HDI-Gerling
- HSBC Insurance
- ING
- Liberty Mutual
- Manulife
- MetLife
- Prudential Financial
- Prudential Plc
- QBE
- RSA
- Sun Life Financial
- The Hartford
- The Principal
- Zurich
For more information visit http://www.researchandmarkets.com/research/997013/vietnam_insurance
Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com
