On February 21, 2025, the Vietnamese Government issued Decree No. 23/2025/NĐ-CP, mandating that trust service providers must purchase liability insurance to protect the interests of subscribers throughout the service delivery period. This is not only a legal requirement but also a vital risk management strategy in the face of increasing technical, legal, and cybersecurity incidents.
More DetailAs extreme weather events, especially typhoons and floods, become more frequent, businesses must proactively prepare to protect their assets. Forecasts indicate that several storms in 2025 may directly impact Vietnam, particularly between May and October. This article outlines practical risk prevention measures ahead of the upcoming storm season.
More DetailFreelancers make up a large part of Vietnam’s workforce yet remain underserved by suitable health insurance. With unstable income and limited awareness, they face greater health and financial risks. Developing accessible, tailored products and clear communication can help expand insurance coverage while supporting social protection in the digital economy era.
More DetailOn February 21, 2025, the Vietnamese Government issued Decree No. 23/2025/NĐ-CP, mandating that trust service providers must purchase liability insurance to protect the interests of subscribers throughout the service delivery period. This is not only a legal requirement but also a vital risk management strategy in the face of increasing technical, legal, and cybersecurity incidents.
More detailAs extreme weather events, especially typhoons and floods, become more frequent, businesses must proactively prepare to protect their assets. Forecasts indicate that several storms in 2025 may directly impact Vietnam, particularly between May and October. This article outlines practical risk prevention measures ahead of the upcoming storm season.
More detailFreelancers make up a large part of Vietnam’s workforce yet remain underserved by suitable health insurance. With unstable income and limited awareness, they face greater health and financial risks. Developing accessible, tailored products and clear communication can help expand insurance coverage while supporting social protection in the digital economy era.
More detailIn today’s fast-paced and ever-evolving world, where individuals face increasing pressures both personally and professionally, the concept of wellbeing has emerged as a vital pillar of a fulfilling life. While not a new topic, wellbeing continues to gain widespread attention and has never been more relevant.
More detailIn the dynamic world of tourism, tour operators play a pivotal role in crafting memorable experiences for travelers. However, with great responsibility comes significant risk. Liability insurance is not just a safety net; it's a crucial component for any tour operator aiming to safeguard their business and reputation. This article explores why liability insurance is indispensable for tour operators in Vietnam, highlighting potential risks and outcomes, especially for inbound tours with clients from abroad
More detailIn 2025, the digital insurance sector in Vietnam is witnessing rapid growth, driven by increasing financial protection needs, the application of digital technology, and supportive government policies. The integration of information technology into the insurance sector has become an inevitable trend, enabling insurance companies to optimize their operations and enhance customer experience.
More detailSome of you may already be acquainted with Non-Payment Insurance as a component of a Trade Credit Insurance (TCI) Program. Within this framework, Non-Payment coverage safeguards a company's accounts receivable and compensates the policyholder for the invoice amounts of goods and services provided to approved buyers who default due to financial or political circumstances. Significant events that may activate TCI Non-Payment coverage include breaches of contract, non-certification, embargoes, warfare, political violence, and government intervention, as well as non-payment for reasons other than commercial disputes. It is important to note that this TCI solution is not all-encompassing; it only extends to accounts receivable for a specified buyer within an agreed-upon credit limit. Typically, the primary users of this solution are exporters.
More detailThere has been a noticeable rise in articles discussing the growth of MGAs in Asia. MGAs is not a new concept, but it is relatively uncommon in Asia outside the developed markets such as Hong Kong and Australia. In this article, we will aim to give you a foundational understanding of MGAs.
More detail"Underinsurance" remains a hot topic as we carry out our advisory work for policyholders. This issue is anticipated to be of special concern following the Yagi storm insurance event (September 2024), as many companies have had practical experiences regarding its influence on proposal of claim adjustment table.
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