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Emerging risks | Growth Opportunities | APAC Insurance

(Re)in Asia logo
Saturday, November 7, 2026

Vietnam.

News and analysis of insurance in Vietnam, covering market trends, regulation, underwriting, claims, and key industry developments.

Features and key stories

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A dense city skyline stretches beneath a pink and blue sunset, with high-rise towers in the foreground.
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Vietnam Export
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Mandarin Re targets growth with existing cedants amid softening market
COO Grishin sees expansion opportunities in the Philippines, Thailand and Malaysia, but growth will be driven primarily by existing clients in Vietnam and Indonesia.

Thailand leads Asia commercial rate declines in Q3 as property softening deepens
Taiwan, South Korea and Malaysia followed with declines of 15%, 13% and 10%, while Japan and Vietnam were the only markets to record increases, according to Marsh.

Vietnam breaks from Asia’s soft market trend as commercial rates rebound to 15% in Q4
Korea led the region’s softening with a 17% composite rate drop, while Taiwan and Hong Kong SAR also posted double-digit declines, according to Marsh data.

Canopius APAC positioned for renewals growth with enhanced team
Specialty (re)insurer has added new underwriters to deal with softer market conditions.

Allianz Trade opens first Vietnam office to tap exporter growth
The trade credit insurer has established operations in Ho Chi Minh City, marking its 13th location in Asia-Pacific.

APAC motor premiums soar in Q1 but rising claims pressure margins
Claims inflation weighs on APAC's motor insurers, eroding margins in key markets despite double-digit growth in the Philippines, Vietnam, and India.

Chubb to acquire Liberty Mutual's P&C businesses in Thailand and Vietnam
Acquisition is pending regulatory approval with Thailand expected to be finalised by Q2 and Vietnam by early 2026.

2025 outlook: Trump, India, and easing the insurance talent shortage
The new US President is the biggest unknown this year for Asia Pac insurers but opportunities also exist in India and embedded insurance.

Barriers to overseas risk placement hinders APAC market development
Too many barriers still exist for cross-border reinsurance – and things could get worse.
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Latest

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People moves

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14 October 2026
Sun Life Vietnam taps Manulife's Pham Ngoc Duy as deputy chief agency officer
04 September 2026
Manulife Vietnam appoints Ankur Shah as chief agency officer
31 August 2026
Chubb promotes Candy Huang to Southeast Asia financial lines leadership role
05 August 2026
Sun Life appoints Julian Yu as chief actuary in Vietnam
17 July 2026
QBE promotes Angus Cheung to lead hull and liability in North Asia
01 July 2026
Coface names Vy Le as Vietnam country manager
01 July 2026
Budi Darmawan steps in as Sun Life Vietnam’s chief agency officer
20 October 2025
Prudential Vietnam names Matthew Min, Lien Nguyen as Chief Partnership Distribution Officer, Chief Risk Officer
22 September 2025
Allianz Trade names Ly Dao as Vietnam Country Manager
04 September 2025
Aon appoints Andrew Minnitt and Qin Lu to lead Southeast and North Asia
22 August 2025
Yiyi Huang takes the helm as Manulife Vietnam's Chief Risk Officer
05 August 2025
Prudential Hong Kong announces three new C-Suite appointments

Editor's choice

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Profile photo of a Coface executive over a cityscape backdrop with the company logo in the sky, suggesting a leadership or interview feature.
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All stories

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vietnam-life-gwp-seen-topping-us7bn-by-2030-as-digital-channels-gain-ground-globaldata
jba-risk-upgrades-flood-modelling-with-climate-scenarios-and-improved-hazard-mapping
am-best-upgrades-hanoi-re-icr-to-bbb-on-stronger-fy2025-underwriting-recovery
am-best-affirms-pvi-insurance-a-rating-as-yagi-reserve-development-improves-earnings
prudential-posts-12-new-business-profit-growth-in-fy2025-powered-by-bancassurance-surge
vaping-uptake-among-apac-youth-challenging-life-insurance-risk-models
vietnam-bucks-asias-soft-market-trend-as-commercial-rates-rebound-to-15-in-q4
asia-commercial-insurance-rates-extend-soft-run-with-third-consecutive-5-drop-in-q4
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