2024 Q1: Vietnam's insurance premium revenue reaches $1.4bn, up 1.6% YoY, following 8% decline in 2023.
Vietnam's insurance premium revenue reached 1.4bn USD in the first two months of 2024, increasing 1.6% year-on-year, according to the Ministry of Finance. Insurance enterprises reinjected investments worth 31.6bn USD, up 12.7%, while their collective assets totaled 37.8bn USD, up 11%. The figures suggest a rebound in insurance operations following poor results in 2023, when total revenue from insurance premiums declined 8%.
March 14, 2024
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