HÀ NỘI — The insurance sector is attracting the attention of investors when it comes to investment portfolios because businesses in this group have recorded positive results in recent years. Bảo Việt Insurance Group recorded positive growth with total consolidated revenue of VNĐ28.35 trillion, up 6.3 per cent over the same period in 2022. But thanks to the insurance premiums accumulated in the past, plus the investment profits over time, the total investment value returned to the economy of the insurance businesses achieved positive results. Currently, insurance companies in Việt Nam own a business model based on two main sources of profit, net profit from insurance business and financial profit from investments. A survey by the Việt Nam Assessment Report Company shows that insurance technology (Insurtech) is developing strongly and applied in all stages of the current insurance industry value chain.


Source:   Viet Nam News
August 12, 2023 06:13 UTC