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Insurance in Vietnam

Insurance in Vietnam

Summary

Insurance in Vietnam industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2012-16, and forecast to 2021). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Synopsis

Essential resource for top-line data and analysis covering the Vietnam insurance market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

Key Highlights

The insurance market consists of the non-life insurance sector and the life insurance sector. The value of the market is shown in terms of gross premium incomes.

The Vietnamese insurance market had total gross written premiums of $3.6bn in 2016, representing a compound annual growth rate (CAGR) of 18.4% between 2012 and 2016.

The life insurance segment was the market's most lucrative in 2016, with total gross written premiums of $2.1bn, equivalent to 56.7% of the market's overall value.

The rising disposable income of the population in line with the strong growth rates of the domestic economy has spurred demand for insurance products. In detail, the booming demand for motor and property had a knock on effect for related insurance products.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the insurance market in Vietnam
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the insurance market in Vietnam
  • Leading company profiles reveal details of key insurance market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Vietnam insurance market with five year forecasts
Reasons to buy
  • What was the size of the Vietnam insurance market by value in 2016?
  • What will be the size of the Vietnam insurance market in 2021?
  • What factors are affecting the strength of competition in the Vietnam insurance market?
  • How has the market performed over the last five years?
  • Who are the top competitiors in Vietnam's insurance market?


Executive Summary
Market value
Market value forecast
Category segmentation
Geography segmentation
Market rivalry
Market Overview
Market definition
Market analysis
Market Data
Market value
Market Segmentation
Category segmentation
Geography segmentation
Market Outlook
Market value forecast
Five Forces Analysis
Summary
Buyer power
Supplier power
New entrants
Threat of substitutes
Degree of rivalry
Leading Companies
Bao Viet Life Insurance Corp
Manulife Financial Corporation
Prudential Plc
PVI Holdings
Macroeconomic Indicators
Country data
Methodology
Industry associations
Related MarketLine research
Appendix
About MarketLine
List of Tables
Table 1: Vietnam insurance market value: $ billion, 2012-16
Table 2: Vietnam insurance market category segmentation: $ billion, 2016
Table 3: Vietnam insurance market geography segmentation: $ billion, 2016
Table 4: Vietnam insurance market value forecast: $ billion, 2016-21
Table 5: Bao Viet Life Insurance Corp: key facts
Table 6: Manulife Financial Corporation: key facts
Table 7: Manulife Financial Corporation: key financials ($)
Table 8: Manulife Financial Corporation: key financials (C$)
Table 9: Manulife Financial Corporation: key financial ratios
Table 10: Prudential Plc: key facts
Table 11: Prudential Plc: key financials ($)
Table 12: Prudential Plc: key financials (£)
Table 13: Prudential Plc: key financial ratios
Table 14: PVI Holdings: key facts
Table 15: PVI Holdings: key financials ($)
Table 16: PVI Holdings: key financials (VND)
Table 17: PVI Holdings: key financial ratios
Table 18: Vietnam size of population (million), 2012-16
Table 19: Vietnam gdp (constant 2005 prices, $ billion), 2012-16
Table 20: Vietnam gdp (current prices, $ billion), 2012-16
Table 21: Vietnam inflation, 2012-16
Table 22: Vietnam consumer price index (absolute), 2012-16
Table 23: Vietnam exchange rate, 2012-16
List of Figures
Figure 1: Vietnam insurance market value: $ billion, 2012-16
Figure 2: Vietnam insurance market category segmentation: % share, by value, 2016
Figure 3: Vietnam insurance market geography segmentation: % share, by value, 2016
Figure 4: Vietnam insurance market value forecast: $ billion, 2016-21
Figure 5: Forces driving competition in the insurance market in Vietnam, 2016
Figure 6: Drivers of buyer power in the insurance market in Vietnam, 2016
Figure 7: Drivers of supplier power in the insurance market in Vietnam, 2016
Figure 8: Factors influencing the likelihood of new entrants in the insurance market in Vietnam, 2016
Figure 9: Factors influencing the threat of substitutes in the insurance market in Vietnam, 2016
Figure 10: Drivers of degree of rivalry in the insurance market in Vietnam, 2016
Figure 11: Manulife Financial Corporation: revenues & profitability
Figure 12: Manulife Financial Corporation: assets & liabilities
Figure 13: Prudential Plc: revenues & profitability
Figure 14: Prudential Plc: assets & liabilities
Figure 15: PVI Holdings: revenues & profitability
Figure 16: PVI Holdings: assets & liabilities

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