Vietnam’s insurance market posted solid performance in the first quarter of 2025, with notable gains in non-life premiums, reinvested capital, and total assets, despite a decline in benefit payouts, according to data from the General Statistics Office.
Key figures (Q1 2025):
- Total premium revenue: VND 56.58 trillion, up 5.6 percent year-on-year
- Life insurance: VND 34.56 trillion, up 3.0 percent
- Non-life insurance: VND 22.01 trillion, up 10.6 percent
- Insurance benefit payments: VND 18.58 trillion, down 8.9 percent
- Reinvestment into the economy: VND 868.83 trillion, up 11.1 percent
- Total assets of insurers: VND 1,026.5 trillion, up 9.7 percent
- Insurance reserves: VND 689.38 trillion, up 12.1 percent
See also: Insurance in Vietnam: Industry Overview