Domestic insurance market expects double digit growth in 2022
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
“All of the important targets in the insurance market this year are forecast to achieve double digit growth despite of challenges,” the department said.
Total insurance payments are estimated at VNĐ58.2 trillion, representing 17.6 per cent year-on-year increase.
This year, the department will continue to coordinate in completing the draft amended Law on Insurance Business to submit to the National Assembly for approval in May.
At the same time, it will create decrees and circulars guiding the law while continuing to complete the development strategy on Việt Nam's insurance market for 2021-30 to submit to the Government.
In addition, it will continue to strengthen the assessment of insurance businesses periodically, promptly detect violations to report to the Ministry of Finance for handling.
It will also implement the project "Information system for management and supervision of insurance business activities" and enhance effectiveness, transparency and sustainability in the market.
The department said that last year Việt Nam's insurance market achieved impressive results despite the COVID-19 pandemic’s impacts on the country.
In 2021, total insurance premium revenue was VNĐ214.9 trillion, representing 16 per cent year-on-year increase. Insurers paid VNĐ49.5 trillion, up 1.68 per cent.
By the end of 2021, the total assets of the insurance market reached VNĐ71 trillion, an increase of 23.86 per cent over 2020. Of which, the total assets of non-life insurance companies were estimated at VNĐ104.6 trillion, and those of life insurance companies at VNĐ605.3 trillion.
Insurance enterprises' investment into the economy stood at VNĐ577 trillion, an increase of 22.24 per cent from the previous year. Total insurance provision in 2021 was up 25 per cent to VNĐ455.6 trillion.
The country has 76 insurance businesses, of which there are 31 non-life insurers, 19 life insurers, two reinsurance businesses, 24 insurance intermediate firms and a branch of a foreign non-life insurer. — VNS
https://vietnamnews.vn/economy/1113692/domestic-insurance-market-expects-double-digit-growth-in-2022.html
[ⓒ Maeil Business Newspaper & mk.co.kr, All rights reserved]
Copyright © 매일경제 & mk.co.kr. 무단 전재, 재배포 및 AI학습 이용 금지
- Philippines urges Indonesia to lift coal export ban as talks proceed - Pulse by Maeil Business News Korea
- SK Geo Centric, Purecycle Technologies to build Asia’s first PP recycling factory in Ulsan - Pulse by Maeil Business News Kore
- LG Elec joins IBM Quantum Network to explore quantum applications - Pulse by Maeil Business News Korea
- Seoul Semiconductor sales hit all-time high of $1 bn in 2021 - Pulse by Maeil Business News Korea
- Japan-made car sales recover in Korea on popular hybrid models, fast delivery - Pulse by Maeil Business News Korea
- 강경준, 상간남 피소…사랑꾼 이미지 타격 [MK픽] - 스타투데이
- ‘발톱’ 드러낸 일본…속내는 따로 있다
- 한예슬 ?10살 연하 남편 류성재 얼굴공개.. “장동건 닮은 한국 표본 미남상” - MK스포츠
- 이찬원, 이태원 참사에 "노래 못해요" 했다가 봉변 당했다 - 스타투데이
- 양희은·양희경 자매, 오늘(4일) 모친상 - 스타투데이