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Industry Dynamics and Competitive Landscape in Vietnam Life Insurance Market to 2018: Market Profile

Industry Dynamics and Competitive Landscape in Vietnam Life Insurance Market to 2018: Market Profile

Synopsis

"Industry Dynamics and Competitive Landscape in Vietnam Life Insurance Market to 2018: Market Profile" is the result of extensive research into the life insurance segment in Vietnam, covering its dynamics and competitive landscape. It provides insights into the size and forecasts for the life insurance segment and its categories. This report also provides an overview of the leading companies in the segment, along with details of the strategic initiatives undertaken.

Summary

The report provides market analysis, information and insights into the Vietnamese life insurance market, including:

  • A description of the life insurance market in Vietnam
  • The Vietnamese life insurance market’s growth prospects
  • The competitive landscape in the Vietnamese life insurance market
Scope

This report provides a comprehensive analysis of the Life Insurance market in Vietnam:
  • It provides historical values for Vietnam’s insurance industry market size for the report’s 2009–2013 review period and forecast figures for the 2013–2018 forecast period
  • It details the competitive landscape in Vietnam for the life insurance business
  • It profiles the top life insurance companies in Vietnam, and outlines the key regulations affecting them
  • It provides a comprehensive analysis of the business environment for Vietnam
Reasons To Buy
  • Make strategic business decisions using historic and forecast market data related to the Vietnamese insurance industry and each sector within it
  • Understand the demand-side dynamics, key market trends and growth opportunities within the Vietnamese insurance industry
  • Assess the competitive dynamics in the Vietnamese life insurance market
  • Identify key operators in the Vietnamese insurance industry, along with profiles on those companies


1 INTRODUCTION
1.1 What is this Report About?
1.2 Definitions
1.3 Methodology
2 VIETNAMESE INSURANCE INDUSTRY ATTRACTIVENESS
2.1 Insurance Industry Size, 2009–2018
3 LIFE INSURANCE OUTLOOK
3.1 Consumer Segmentation
3.2 Key Drivers
3.3 Key Trends
3.4 Challenges
3.5 Life Insurance Growth Prospects by Category
3.6 Individual Life Insurance
3.6.1 Individual whole life insurance
3.6.2 Individual general annuity insurance
3.6.3 Individual endowment insurance
3.6.4 Individual term life insurance
3.6.5 Individual supplementary insurance
3.6.6 Other individual insurance
3.7 Group Life Insurance
3.8 Life Insurance Growth Prospects by Customer Segment
3.8.1 Individual single-premium insurance
3.8.2 Individual non-single-premium insurance
3.8.3 Group non-single-premium insurance
3.9 Life Insurance Growth Prospects by Product Type
3.9.1 Total linked insurance business
3.9.2 Total non-linked insurance business
4 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
4.1 Overview
4.2 Leading Companies in the Vietnamese Life Segment
4.3 Leading Life Insurers – New Product Launches
4.4 Leading Life Insurers – Key Developments
4.5 Prudential Vietnam Assurance Private Ltd – Company Overview
4.5.1 Prudential Vietnam Assurance Private Ltd – key facts
4.5.2 Prudential Vietnam Assurance Private Ltd – key financials
4.6 Bao Viet Life Insurance Corp – Company Overview
4.6.1 Bao Viet Life Insurance Corp – key facts
4.6.2 Bao Viet Life Insurance Corp – key financials
4.7 Manulife (Vietnam) Ltd – Company Overview
4.7.1 Manulife (Vietnam) Ltd – key facts
4.8 Dai-ichi Life Insurance Company of Vietnam Ltd – Company Overview
4.8.1 Dai-ichi Life Insurance Company of Vietnam Ltd – key facts
4.8.2 Dai-ichi Life Insurance Company of Vietnam Ltd – key financials
4.9 AIA (Vietnam) Life Insurance Co. Ltd – Company Overview
4.9.1 AIA (Vietnam) Life Insurance Co. Ltd – key facts
4.1 PVI Sun Life Insurance Company Ltd – Company Overview
4.10.1 PVI Sun Life Insurance Company Ltd – key facts
4.11 ACE Life Insurance Company Ltd – Company Overview
4.11.1 ACE Life Insurance Company Ltd – key facts
4.11.2 ACE Life Insurance Company Ltd – key financials
4.12 Prevoir Vietnam Life Insurance Co., Ltd – Company Overview
4.12.1 Prevoir Vietnam Life Insurance Co., Ltd – key facts
4.13 Hanwha Life Insurance Co. Ltd – Company Overview
4.13.1 Hanwha Life Insurance Co. Ltd – key facts
4.14 Cathay Life Insurance (Vietnam) Co. Ltd – Company Overview
4.14.1 Cathay Life Insurance (Vietnam) Co. Ltd – key facts
4.14.2 Cathay Life Insurance (Vietnam) Co. Ltd – key financials
5 APPENDIX
5.1 About Timetric
5.2 Timetric’s Services
5.3 Disclaimer
List of Tables
Table 1: Insurance Industry Definitions
Table 2: Vietnamese Insurance – Segmentation, Gross Written Premium (Percentage Share), 2009–2018
Table 3: Vietnamese Insurance – Segmentation, Direct Written Premium (Percentage Share), 2009–2018
Table 4: Shares of Key Insurers in the Vietnamese Life Segment (%), 2013
Table 5: Prudential Vietnam Assurance Private Ltd – Key Facts
Table 6: Prudential Vietnam Assurance Private Ltd – Key Financials (VND Trillion), 2009–2013
Table 7: Bao Viet Life Insurance Corp – Key Facts
Table 8: Bao Viet Life Insurance Corp – Key Financials (VND Trillion), 2009–2013
Table 9: Manulife (Vietnam) Ltd – Key Facts
Table 10: Dai-ichi Life Insurance Company of Vietnam Ltd – Key Facts
Table 11: Dai-ichi Life Insurance Company of Vietnam Ltd – Key Financials (VND Billion), 2009–2013
Table 12: AIA (Vietnam) Life Insurance Co. Ltd – Key Facts
Table 13: PVI Sun Life Insurance Company Ltd – Key Facts
Table 14: ACE Life Insurance Company Ltd – Key Facts
Table 15: ACE Life Insurance Company Ltd – Key Financials (VND Billion), 2011–2013
Table 16: Prevoir Vietnam Life Insurance Co., Ltd – Key Facts
Table 17: Hanwha Life Insurance Co. Ltd – Key Facts
Table 18: Cathay Life Insurance (Vietnam) Co. Ltd – Key Facts
Table 19: Cathay Life Insurance (Vietnam) Co. Ltd – Key Financials (VND Billion), 2009–2013
List of Figures
Figure 1: Vietnamese Insurance – Gross Written Premium by Segment (VND Trillion), 2009–2018
Figure 2: Vietnamese Insurance – Dynamics by Segment, Gross Written premium (2009–2018)
Figure 3: Vietnamese Insurance – Direct Written Premium by Segment (VND Trillion), 2009–2018
Figure 4: Vietnamese Insurance – Dynamics by Segment, Direct Written Premium (2009–2018)
Figure 5: Vietnamese Life Insurance – Number of Active Policies and Gross Written Premium Percentage Share), 2009 and 2013
Figure 6: Unemployment Rate (%), 2009–2013
Figure 7: Rural and Urban Populations (%), 2009 and 2013
Figure 8: Distribution of Population By Age Group (%), 2009 and 2013
Figure 9: Vietnamese Individual Life Insurance – Category Share (Percentage Share), 2009 and 2013
Figure 10: Vietnamese Life Insurance – Gross Written Premium by Category (VND Trillion), 2009–2018
Figure 11: Vietnamese Life Insurance – Gross Written Premium by Category (Percentage Share), 2013 and 2018
Figure 12: Vietnamese Life Insurance – Direct Written Premium by Category (VND Trillion), 2009–2018
Figure 13: Vietnamese Life Insurance – Direct Written Premium by Category (Percentage Share), 2013 and 2018
Figure 14: Vietnamese Life Insurance – New Business Written Premium (VND Trillion), 2009–2013
Figure 15: Vietnamese Life Insurance – New Business Written Premium (VND Trillion), 2013–2018
Figure 16: Vietnamese Life Insurance – Earned Premium (VND Trillion), 2009–2013
Figure 17: Vietnamese Life Insurance – Earned Premium (VND Trillion), 2013–2018
Figure 18: Vietnamese Life Insurance – Sum Assured (VND Trillion), 2009–2013
Figure 19: Vietnamese Life Insurance – Sum Assured (VND Trillion), 2013–2018
Figure 20: Vietnamese Life Insurance – Paid Claims (VND Trillion), 2009–2013
Figure 21: Vietnamese Life Insurance – Paid Claims (VND Trillion), 2013–2018
Figure 22: Vietnamese Life Insurance – Incurred Loss (VND Trillion), 2009–2013
Figure 23: Vietnamese Life Insurance – Incurred Loss (VND Trillion), 2013–2018
Figure 24: Vietnamese Life Insurance – Loss Ratio (%), 2009–2013
Figure 25: Vietnamese Life Insurance – Loss Ratio (%), 2013–2018
Figure 26: Vietnamese Life Insurance – Commissions and Expenses (VND Trillion), 2009–2013
Figure 27: Vietnamese Life Insurance – Commissions and Expenses (VND Trillion), 2013–2018
Figure 28: Vietnamese Life Insurance – Combined Ratio (%), 2009–2013
Figure 29: Vietnamese Life Insurance – Combined Ratio (%), 2013–2018
Figure 30: Vietnamese Life Insurance – Frauds and Crimes (VND Billion), 2009–2013
Figure 31: Vietnamese Life Insurance – Frauds and Crimes (VND Billion), 2013–2018
Figure 32: Vietnamese Life Insurance – Total Assets (VND Trillion), 2009–2013
Figure 33: Vietnamese Life Insurance – Total Assets (VND Trillion), 2013–2018
Figure 34: Vietnamese Life Insurance – Total Investment Income (VND Trillion), 2009–2013
Figure 35: Vietnamese Life Insurance – Total Investment Income (VND Trillion), 2013–2018
Figure 36: Vietnamese Life Insurance – Retentions (VND Trillion), 2009–2013
Figure 37: Vietnamese Life Insurance – Retentions (VND Trillion), 2013–2018
Figure 38: Vietnamese Life Insurance – Investment Portfolio (VND Trillion), 2009–2013
Figure 39: Vietnamese Life Insurance – Investment Portfolio, 2009 and 2013
Figure 40: Vietnamese Life Insurance – Penetration (%), 2009–2013
Figure 41: Vietnamese Life Insurance – Density (Number of Policies per Capita), 2009–2013
Figure 42: Vietnamese Life Insurance – Number of Active Policies (Million), 2009–2013
Figure 43: Vietnamese Life Insurance – Number of Active Policies (Million), 2013–2018
Figure 44: Vietnamese Life Insurance – Number of New Policies Sold (Million), 2009–2013
Figure 45: Vietnamese Life Insurance – Number of New Policies Sold (Million), 2013–2018
Figure 46: Vietnamese Life Insurance – Premium per Capita (VND), 2009–2013
Figure 47: Vietnamese Individual Life Insurance – Gross Written Premium by Category (VND Trillion), 2009–2018
Figure 48: Vietnamese Individual Life Insurance – Direct Written Premium by Category (VND Trillion), 2009–2018
Figure 49: Vietnamese Individual Life Insurance – Policies by Category (Million), 2009–2018
Figure 50: Vietnamese Individual Whole Life Insurance – Gross Written Premium (VND Billion), 2009–2013
Figure 51: Vietnamese Individual Whole Life Insurance – Gross Written Premium (VND Billion), 2013–2018
Figure 52: Vietnamese Individual General Annuity Insurance – Gross Written Premium (VND Billion), 2009–2013
Figure 53: Vietnamese Individual General Annuity Insurance – Gross Written Premium (VND Billion), 2013–2018
Figure 54: Vietnamese Individual Endowment Insurance – Gross Written Premium (VND Trillion), 2009–2013
Figure 55: Vietnamese Individual Endowment Insurance – Gross Written Premium (VND Trillion), 2013–2018
Figure 56: Vietnamese Individual Term Life Insurance – Gross Written Premium (VND Billion), 2009–2013
Figure 57: Vietnamese Individual Term Life Insurance – Gross Written Premium (VND Billion), 2013–2018
Figure 58: Vietnamese Individual Supplementary Insurance – Gross Written Premium (VND Trillion), 2009–2013
Figure 59: Vietnamese Individual Supplementary Insurance – Gross Written Premium (VND Trillion), 2013–2018
Figure 60: Vietnamese Other Individual Insurance – Gross Written Premium (VND Trillion), 2009–2013
Figure 61: Vietnamese Other Individual Insurance – Gross Written Premium (VND Trillion), 2013–2018
Figure 62: Vietnamese Group Whole Life Insurance – Number of Active Policies (Thousand), 2009–2013
Figure 63: Vietnamese Group Whole Life Insurance – Number of Active Policies (Thousand), 2013–2018
Figure 64: Vietnamese Group Whole Life Insurance – Gross Written Premium (VND Billion), 2009–2013
Figure 65: Vietnamese Group Whole Life Insurance – Gross Written Premium (VND Billion), 2013–2018
Figure 66: Vietnamese Individual Single-Premium Insurance – Gross Written Premium (VND Billion), 2009–2013
Figure 67: Vietnamese Individual Single-Premium Insurance – Gross Written Premium (VND Billion), 2013–2018
Figure 68: Vietnamese Individual Single-Premium Insurance – Direct Written Premium (VND Billion), 2009–2013
Figure 69: Vietnamese Individual Single-Premium Insurance – Direct Written Premium (VND Billion), 2013–2018
Figure 70: Vietnamese Individual Non-Single-Premium Insurance – Gross Written Premium (VND Trillion), 2009–2013
Figure 71: Vietnamese Individual Non-Single-Premium Insurance – Gross Written Premium (VND Trillion), 2013–2018
Figure 72: Vietnamese Individual Non-Single-Premium Insurance – Direct Written Premium (VND Trillion), 2009–2013
Figure 73: Vietnamese Individual Non-Single-Premium Insurance – Direct Written Premium (VND Trillion), 2013–2018
Figure 74: Vietnamese Group Non-Single-Premium Insurance – Gross Written Premium (VND Billion), 2009–2013
Figure 75: Vietnamese Group Non-Single-Premium Insurance – Gross Written Premium (VND Billion), 2013–2018
Figure 76: Vietnamese Group Non-Single-Premium Insurance – Direct Written Premium (VND Billion), 2009–2013
Figure 77: Vietnamese Group Non-Single-Premium Insurance – Direct Written Premium (VND Billion), 2013–2018
Figure 78: Vietnamese Linked Insurance Business – Gross Written Premium (VND Trillion), 2009–2013
Figure 79: Vietnamese Linked Insurance Business – Gross Written Premium (VND Trillion), 2013–2018
Figure 80: Vietnamese Linked Insurance Business – Direct Written Premium (VND Trillion), 2009–2013
Figure 81: Vietnamese Linked Insurance Business – Direct Written Premium (VND Trillion), 2013–2018
Figure 82: Vietnamese Non-Linked Insurance Business – Gross Written Premium (VND Trillion), 2009–2013
Figure 83: Vietnamese Non-Linked Insurance Business – Gross Written Premium (VND Trillion), 2013–2018
Figure 84: Vietnamese Non-Linked Insurance Business – Direct Written Premium (VND Trillion), 2009–2013
Figure 85: Vietnamese Non-Linked Insurance Business – Direct Written Premium (VND Trillion), 2013–2018
Figure 86: Shares of Key Insurers in the Vietnamese Life Segment (%), 2013

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