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Life Insurance & Pension in Vietnam

Publisher MarketLine
Published Dec 31, 2025
Length 44 Pages
SKU # MTLN21020436

Description

Life>Insurance>&>Pension>in>Vietnam

Summary

>Life>Insurance>&>Pension>in>Vietnam>industry>profile>provides>top-line>qualitative>and>quantitative>summary>information>including:>market>size>(value>2019-24,>and>forecast>to>2029).>The>profile>also>contains>descriptions>of>the>leading>players>including>key>financial>metrics>and>analysis>of>competitive>pressures>within>the>market.

Key>Highlights
  • Life>insurance>is>the>financial>cover>for>a>contingency>linked>with>human>life,>like>death,>disability,>accident,>retirement,>etc.>Human>life>is>subject>to>risks>of>death>and>disability>due>to>natural>and>accidental>causes.>When>human>life>is>lost>or>a>person>is>disabled>permanently>or>temporarily,>there>is>a>loss>of>income>to>the>household.
  • The>Vietnamese>life>insurance>&>pension>market>recorded>gross>written>premiums>of>$7.4>billion>in>2024,>representing>a>compound>annual>growth>rate>(CAGR)>of>9.9%>between>2019>and>2024.
  • The>life>insurance>segment>accounted>for>the>market's>largest>proportion>in>2024,>with>total>gross>written>premiums>of>$7.4>billion,>equivalent>to>99.8%>of>the>market's>overall>value.
  • The>Vietnamese>life>insurance>&>pension>market>experienced>an>annual>revenue>growth>of>13.4%>in>2024,>primarily>driven>by>the>increasing>population>of>individuals>aged>65>and>above.
Scope
  • Save>time>carrying>out>entry-level>research>by>identifying>the>size,>growth,>major>segments,>and>leading>players>in>the>life>insurance>&>pension>market>in>Vietnam
  • Use>the>Five>Forces>analysis>to>determine>the>competitive>intensity>and>therefore>attractiveness>of>the>life>insurance>&>pension>market>in>Vietnam
  • Leading>company>profiles>reveal>details>of>key>life>insurance>&>pension>market>players’>global>operations>and>financial>performance
  • Add>weight>to>presentations>and>pitches>by>understanding>the>future>growth>prospects>of>the>Vietnam>life>insurance>&>pension>market>with>five>year>forecasts
Reasons>to>Buy
  • What>was>the>size>of>the>Vietnam>life>insurance>&>pension>market>by>value>in>2024?
  • What>will>be>the>size>of>the>Vietnam>life>insurance>&>pension>market>in>2029?
  • What>factors>are>affecting>the>strength>of>competition>in>the>Vietnam>life>insurance>&>pension>market?
  • How>has>the>market>performed>over>the>last>five>years?
  • What>are>the>main>segments>that>make>up>Vietnam's>life>insurance>&>pension>market?

Table of Contents

44 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strategies of the leading players?
7.3. What are the strengths of the leading players?
7.4. What are the recent developments in the sector?
8 Company Profiles
8.1. Baoviet Holdings
8.2. Prudential Plc
8.3. Manulife Financial Corp
8.4. Dai-ichi Life Holdings Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: Vietnam life insurance & pension market value: $ billion, 2019-24
Table 2: Vietnam life insurance & pension market category segmentation: % share, by value, 2019-24
Table 3: Vietnam life insurance & pension market category segmentation: $ billion, 2019-24
Table 4: Vietnam life insurance & pension market geography segmentation: $ billion, 2024
Table 5: Vietnam life insurance & pension market value forecast: $ billion, 2024-29
Table 6: Baoviet Holdings: Key Facts
Table 7: Baoviet Holdings: Annual Financial Ratios
Table 8: Baoviet Holdings: Key Employees
Table 9: Prudential Plc: Key Facts
Table 10: Prudential Plc: Annual Financial Ratios
Table 11: Prudential Plc: Key Employees
Table 12: Manulife Financial Corp: Key Facts
Table 13: Manulife Financial Corp: Annual Financial Ratios
Table 14: Manulife Financial Corp: Key Employees
Table 15: Manulife Financial Corp: Key Employees Continued
Table 16: Dai-ichi Life Holdings Inc: Key Facts
Table 17: Dai-ichi Life Holdings Inc: Annual Financial Ratios
Table 18: Dai-ichi Life Holdings Inc: Key Employees
Table 19: Dai-ichi Life Holdings Inc: Key Employees Continued
Table 20: Vietnam Size of Population (Million), 2020-24
Table 21: Vietnam Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 22: Vietnam GDP (Current Prices, $ Billion), 2020-24
Table 23: Vietnam Inflation, 2020-24
Table 24: Vietnam Consumer Price Index (Absolute), 2020-24
Table 25: Vietnam Exchange Rate, 2019-24
List of Figures
Figure 1: Vietnam life insurance & pension market value: $ billion, 2019-24
Figure 2: Vietnam life insurance & pension market category segmentation: $ billion, 2019-24
Figure 3: Vietnam life insurance & pension market geography segmentation: % share, by value, 2024
Figure 4: Vietnam life insurance & pension market value forecast: $ billion, 2024-29
Figure 5: Forces driving competition in the life insurance & pension market in Vietnam, 2024
Figure 6: Drivers of buyer power in the life insurance & pension market in Vietnam, 2024
Figure 7: Drivers of supplier power in the life insurance & pension market in Vietnam, 2024
Figure 8: Factors influencing the likelihood of new entrants in the life insurance & pension market in Vietnam, 2024
Figure 9: Factors influencing the threat of substitutes in the life insurance & pension market in Vietnam, 2024
Figure 10: Drivers of degree of rivalry in the life insurance & pension market in Vietnam, 2024

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