“While mergers and acquisitions in the Vietnamese life insurance sector have been relatively quiet, M&As in the non-life insurance sector have been quite strong, with the participation of both foreign and domestic investors.
Experts said the small market size, the potential and growth rate are the reasons why the Vietnamese non-life insurance market is attractive to new investors, especially large global financial groups.
According to the Ministry of Finance’s Vietnam Insurance Market Yearbook 2023, at the end of that year, Việt Nam had 82 insurance companies, of which 32 were non-life insurance companies.” – Viet Nam News
Source: M&A In Vietnamese Non-life Insurance Sector Develops Strongly
M&A In Vietnamese Non-life Insurance Sector Develops Strongly
