Governance, Risk and Compliance - The Vietnamese Insurance Industry - New Market Study Published

From: Fast Market Research, Inc.
Published: Mon Sep 21 2015


The report provides insights into the governance, risk and compliance framework pertaining to the insurance industry in Vietnam, including:

* An overview of the insurance regulatory framework in Vietnam
* The latest key changes, and changes expected in the country's insurance regulatory framework
* Key regulations and market practices related to different types of insurance product in the country
* Rules and regulations pertaining to key classes of compulsory insurance, and the scope of non-admitted insurance in Vietnam
* Key parameters including licensing requirements, permitted foreign direct investment, minimum capital requirements, solvency and reserve requirements, and investment regulations
* Details of the tax and legal systems in the country

Full Report Details at
- http://www.fastmr.com/prod/1048527_governance_risk_compliance.aspx?afid=301

Report Highlights

* The Ministry of Finance, with support from the Insurance Supervisory Authority is responsible for the supervision and control of the Vietnamese insurance industry.
* 100% FDI is permitted in the Vietnamese insurance industry.
* Motor-third party liability insurance, aviation third-party liability insurance, and professional indemnity insurance for lawyers, notaries, auditors, engineers, architects and insurance brokers are the key classes of compulsory insurance in Vietnam.
* The placement of non-admitted insurance is not permitted in the Vietnamese insurance industry with few exceptions.
* Composite insurance is not permitted in the Vietnamese insurance industry.

Report Scope

* The report covers details of the insurance regulatory framework in Vietnam.
* The report contains details of the rules and regulations governing insurance products and insurance entities.
* The report lists and analyzes key trends and developments pertaining to the country's insurance regulatory framework.
* The report analyzes the rules and regulations pertaining to the establishment and operation of insurance businesses in the country.
* The report provides details of taxation imposed on insurance products and insurance companies.

Reasons to Get this Report

* Gain insights into the insurance regulatory framework in Vietnam.
* Track the latest regulatory changes, and expected changes impacting the Vietnamese insurance industry.
* Gain detailed information about the key regulations governing the establishment and operation of insurance entities in the country.
* Understand key regulations and market practices pertaining to various types of insurance product.

Companies Mentioned in this Report: Vietnam Insurance Corporation (Baoviet), Bao Minh, Vinare, Bao Long, Swiss Re, Vietnam National Reinsurance Corporation

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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