Synopsis
The report provides in depth market analysis, information and insights into the Vietnamese personal accident and health insurance market, including:
Dominated by Dong Bao Viet with a market share of 43.3% in 2010, and backed by rising medical expenditure and levels of disposable income, the segment’s growth is expected to be sustained by the poor state of Vietnam’s healthcare system, which is leading people to opt for private facilities and invest in insurance products. In 2011, 55.7% of the overall personal accident and health insurance written premium was generated by the agencies channel. This channel benefits insurance companies as it allows geographical expansion without the associated costs of opening branches in new locations. Mandatory health insurance was the key growth driver for the segment during the review period and the government is working on a universal healthcare system which will cover all Vietnamese people. This new system will ensure that even citizens with private healthcare plans will be covered and will drive the segment over the forecast period.
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Vietnam:
The report provides in depth market analysis, information and insights into the Vietnamese personal accident and health insurance market, including:
- The Vietnamese personal accident and health insurance market’s growth prospects by personal accident and health insurance categories
- The various distribution channels in the Vietnamese personal accident and health insurance market
- The competitive landscape in the personal accident and health insurance market
- A description of the personal accident and health reinsurance market in Vietnam
Dominated by Dong Bao Viet with a market share of 43.3% in 2010, and backed by rising medical expenditure and levels of disposable income, the segment’s growth is expected to be sustained by the poor state of Vietnam’s healthcare system, which is leading people to opt for private facilities and invest in insurance products. In 2011, 55.7% of the overall personal accident and health insurance written premium was generated by the agencies channel. This channel benefits insurance companies as it allows geographical expansion without the associated costs of opening branches in new locations. Mandatory health insurance was the key growth driver for the segment during the review period and the government is working on a universal healthcare system which will cover all Vietnamese people. This new system will ensure that even citizens with private healthcare plans will be covered and will drive the segment over the forecast period.
Scope
This report provides a comprehensive analysis of the personal accident and health insurance market in Vietnam:
- It provides historical values for Vietnam’s personal accident and health insurance market for the report’s 2007–2011 review period and forecast figures for the 2012–2016 forecast period
- It offers a detailed analysis of the key sub-segments in Vietnam’s personal accident and health insurance market, along with market forecasts until 2016
- It covers an exhaustive list of parameters, including written premium, incurred loss, loss ratio, commissions and expenses, combined ratio, frauds and crimes, total assets, total investment income and retentions
- It analyses the various distribution channels for personal accident and health insurance products in Vietnam
- Using Porter’s industry-standard “Five Forces” analysis, it details the competitive landscape in Vietnam for the personal accident and health insurance business
- It provides a detailed analysis of the reinsurance market in Vietnam and its growth prospects
- It profiles the top personal accident and health insurance companies in Vietnam and outlines the key regulations affecting them
- Make strategic business decisions using historic and forecast market data related to the Vietnamese personal accident and health insurance market and each sector within it
- Understand the demand-side dynamics, key market trends and growth opportunities within the Vietnamese personal accident and health insurance market
- Assess the competitive dynamics in the personal accident and health insurance market, along with the reinsurance segment
- Identify the growth opportunities and market dynamics within key product categories
- Gain insights into key regulations governing the Vietnamese insurance market and its impact on companies and the market's future
- In 2011, 55.7% of the overall personal accident and health insurance written premium was generated by the agencies channel.
- The direct marketing channel accounted for a market share of 21.8% in 2011. This channel is attractive to insurance companies as it negates the effects of having to pay large amounts of commission to a myriad of channels, such as agents and brokers.
- Vietnam is one of the fastest-growing emerging economies in Southeast Asia, and over the forecast period its economy is expected to grow at a faster rate than both India and China.
- Healthcare expenditure in Vietnam increased at a CAGR of 21.7% during the review period, with changing lifestyle demographics increasing consumer expenditure on healthcare.
1 EXECUTIVE SUMMARY
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 VIETNAMESE INSURANCE INDUSTRY ATTRACTIVENESS
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT OUTLOOK
4.1 Personal Accident and Health Insurance Growth Prospects by Category
4.1.1 Personal accident category
4.1.2 Travel insurance category
4.1.3 Health insurance category
5 ANALYSIS BY DISTRIBUTION CHANNELS
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 E-Commerce Channel
5.5 Brokers Channel
5.6 Other Channels
6 REGULATORY POLICIES
7 PORTER’S FIVE FORCES ANALYSIS – VIETNAMESE PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT
7.1 Bargaining Power of Supplier: High
7.2 Bargaining Power of Buyer: Low
7.3 Barriers to Entry: Low
7.4 Intensity of Rivalry: Medium to High
7.5 Threat of Substitutes: Low
8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES
8.1 Reinsurance market size, 2007–2016
8.2 Reinsurance market size by type of insurance, 2007–2016
9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
9.1 Overview
9.2 Leading Companies in the Vietnam Personal Accident and Health Insurance Segment
9.3 BaoMinh Insurance Corporation – Company Overview
9.3.1 BaoMinh Insurance Corporation – key facts
9.4 PVI Insurance Corporation – Company Overview
9.4.1 PVI Insurance Corporation – key facts
9.5 Petrolimex Joint-Stock Insurance Company – Company Overview
9.5.1 Petrolimex Joint-Stock Insurance Company – key facts
9.6 Agriculture Bank Insurance Joint-Stock Corporation– Company Overview
9.6.1 Agriculture Bank Insurance Joint-Stock Corporation – key facts
10 BUSINESS ENVIRONMENT AND COUNTRY RISK
10.1 Business Confidence
10.1.1 Market capitalization trend – Ho Chi Minh City Stock Exchange, Vietnam
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP split by key sectors
10.2.6 Agriculture net output at current prices (Vietnam Dong)
10.2.7 Agriculture net output at current prices (US dollars)
10.2.8 Agriculture net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Vietnam Dong)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Vietnam Dong)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Vietnam Dong)
10.2.16 Construction net output at current prices as a percentage of GDP
10.2.17 Construction net output at current prices (US dollars)
10.2.18 Inflation rate
10.2.19 Current account balance as a percentage of GDP
10.2.20 Exports growth
10.2.21 Imports growth
10.2.22 External debt as a percentage of GDP
10.2.23 Annual average exchange rate US$–VND
10.2.24 End of period exchange rate US$–VND
10.3 Infrastructure Quality and Availability
10.3.1 Railways and roads
10.3.2 Passenger vehicle registration
10.3.3 Commercial vehicle production
10.3.4 Healthcare expenditure
10.3.5 Healthcare expenditure as a percentage of GDP
10.3.6 Healthcare per capita expenditure
10.3.7 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural population
10.5.5 Females as a percentage of the total population
10.5.6 Males as a percentage of the total population
10.5.7 Median age of population
10.5.8 Population density
10.5.9 Age distribution of the total population
10.5.10 Age distribution of the male population
10.5.11 Age distribution of the female population
10.5.12 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism Index
10.6.3 Transparency index
11 APPENDIX
11.1 Methodology
11.1 Contact Us
11.2 About Timetric
11.3 Disclaimer
LIST OF TABLES
Table 1: Insurance Industry Definitions
Table 2: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), 2007–2011
Table 3: Vietnamese Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), 2011–2016
Table 5: Vietnamese Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Vietnamese Insurance Segmentation (% Share), 2007–2016
Table 7: Personal Accident and Health Insurance Written Premium by Category (VND Billion), 2007–2011
Table 8: Vietnamese Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Vietnamese Personal Accident and Health Insurance Written Premium by Category (VND Billion), 2011–2016
Table 10: Vietnamese Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2007–2011
Table 12: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2011–2016
Table 13: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (VND Billion), 2007–2011
Table 14: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2007–2011
Table 15: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (VND Billion), 2011–2016
Table 16: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2011–2016
Table 17: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (VND Billion), 2007–2011
Table 18: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2007–2011
Table 19: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (VND Billion), 2011–2016
Table 20: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2011–2016
Table 21: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Table 22: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Table 23: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2007–2011
Table 24: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2011–2016
Table 25: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2007–2011
Table 26: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2011–2016
Table 27: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2007–2011
Table 28: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2011–2016
Table 29: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2007–2011
Table 30: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2011–2016
Table 31: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2007–2011
Table 32: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2011–2016
Table 33: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2007–2011
Table 34: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2011–2016
Table 35: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Table 36: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Table 37: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2007–2011
Table 38: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2011–2016
Table 39: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2007–2011
Table 40: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2011–2016
Table 41: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Table 42: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Table 43: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2007–2011
Table 44: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2011–2016
Table 45: Vietnamese Travel Insurance Category – Loss Ratio (%), 2007–2011
Table 46: Vietnamese Travel Insurance Category – Loss Ratio (%), 2011–2016
Table 47: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Table 48: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Table 49: Vietnamese Health Insurance Category – Written Premium (VND Billion), 2007–2011
Table 50: Vietnamese Health Insurance Sub-Category – Written Premium (VND Billion), 2011–2016
Table 51: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2007–2011
Table 52: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2011–2016
Table 53: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2007–2011
Table 54: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2011–2016
Table 55: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2007–2011
Table 56: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2011–2016
Table 57: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Table 58: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 59: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 60: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 61: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2007–2011
Table 62: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2011–2016
Table 63: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2007–2011
Table 64: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2011–2016
Table 65: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 66: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 67: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Table 68: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Table 69: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2007–2011
Table 70: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2011–2016
Table 71: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2007–2011
Table 72: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2011–2016
Table 73: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Table 74: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Table 75: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Table 76: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Table 77: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2007–2011
Table 78: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2011–2016
Table 79: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2007–2011
Table 80: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2011–2016
Table 81: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2007–2011
Table 82: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2011–2016
Table 83: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2007–2011
Table 84: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2011–2016
Table 85: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2007–2011
Table 86: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2011–2016
Table 87: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2007–2011
Table 88: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2011–2016
Table 89: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2007–2011
Table 90: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2011–2016
Table 91: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2007–2011
Table 92: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2011–2016
Table 93: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2007–2011
Table 94: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2011–2016
Table 95: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2007–2011
Table 96: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2011–2016
Table 97: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Table 98: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Table 99: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Table 100: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Table 101: Vietnamese Reinsurance Segment, Market Size by Category, (VND Billion), 2007–2011
Table 102: Vietnamese Reinsurance Segment, Market Size by Category, (US$ Billion), 2007–2011
Table 103: Vietnamese Reinsurance Segment, Market Size by Category, (VND Billion), 2011–2016
Table 104: Vietnamese Reinsurance Segment, Market Size by Category, (US$ Billion), 2011–2016
Table 105: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (VND Billion), 2007–2011
Table 106: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2007–2011
Table 107: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (VND Billion), 2011–2016
Table 108: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2011–2016
Table 109: Vietnamese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 110: Vietnamese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 111: Vietnamese Personal Accident and Health Insurance Segment Share (%), 2010
Table 112: BaoMinh Insurance Corporation, Key Facts
Table 113: PVI Insurance Corporation, Key Facts
Table 114: Petrolimex Joint-Stock Insurance Company, Key Facts
Table 115: Agriculture Bank Insurance Joint Stock Corporation, Key Facts
LIST OF FIGURES
Figure 1: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), 2007–2016
Figure 2: Vietnamese Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Vietnamese Personal Accident and Health Insurance Written Premium by Category (VND Billion), 2007–2016
Figure 4: Vietnamese Personal Accident and Health Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Vietnamese Personal Accident and Health Insurance Segment Dynamics by Category, 2007–2016
Figure 6: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2007–2011
Figure 7: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2011–2016
Figure 8: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (VND Billion), 2007–2016
Figure 9: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (VND Billion), 2007–2016
Figure 10: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Figure 11: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Figure 12: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2007–2011
Figure 13: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2011–2016
Figure 14: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2007–2011
Figure 15: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2011–2016
Figure 16: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2007–2011
Figure 17: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2011–2016
Figure 18: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2007–2011
Figure 19: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2011–2016
Figure 20: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2007–2011
Figure 21: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2011–2016
Figure 22: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2007–2011
Figure 23: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2011–2016
Figure 24: Vietnamese Personal Accident and Health Insurance – Investment Portfolio (VND Billion), 2007–2011
Figure 25: Vietnamese Personal Accident and Health Insurance – Investment Portfolio (% Share), 2007 and 2011
Figure 26: Vietnamese Personal Accident and Health Insurance Penetration (% of GDP), 2007–2011
Figure 27: Vietnamese Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 28: Vietnamese Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 29: Vietnamese Personal Accident and Health Insurance – Premium Per Capita (VND), 2007–2011
Figure 30: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Figure 31: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Figure 32: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2007–2011
Figure 33: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2011–2016
Figure 34: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2007–2011
Figure 35: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2011–2016
Figure 36: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Figure 37: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Figure 38: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2007–2011
Figure 39: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2011–2016
Figure 40: Vietnamese Travel Insurance Category – Loss Ratio (%), 2007–2011
Figure 41: Vietnamese Travel Insurance Category – Loss Ratio (%), 2011–2016
Figure 42: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Figure 43: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Figure 44: Vietnamese Health Insurance Category – Written Premium (VND Billion), 2007–2011
Figure 45: Vietnamese Health Insurance Sub-Category – Written Premium (VND Billion), 2011–2016
Figure 46: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2007–2011
Figure 47: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2011–2016
Figure 48: Vietnamese Personal Accident and Health Insurance Written Premium by Distribution Channel (% Share), 2011 and 2016
Figure 49: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2007–2011
Figure 50: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2011–2016
Figure 51: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2007–2011
Figure 52: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2011–2016
Figure 53: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 54: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 55: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Figure 56: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 57: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2007–2011
Figure 58: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2011–2016
Figure 59: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2007–2011
Figure 60: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2011–2016
Figure 61: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 62: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 63: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 64: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 65: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2007–2011
Figure 66: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2011–2016
Figure 67: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2007–2011
Figure 68: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2011–2016
Figure 69: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Figure 70: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Figure 71: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Figure 72: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Figure 73: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2007–2011
Figure 74: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2011–2016
Figure 75: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2007–2011
Figure 76: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2011–2016
Figure 77: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2007–2011
Figure 78: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2011–2016
Figure 79: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2007–2011
Figure 80: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2011–2016
Figure 81: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2007–2011
Figure 82: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2011–2016
Figure 83: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2007–2011
Figure 84: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2011–2016
Figure 85: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2007–2011
Figure 86: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2011–2016
Figure 87: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2007–2011
Figure 88: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2011–2016
Figure 89: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2007–2011
Figure 90: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2011–2016
Figure 91: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2007–2011
Figure 92: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2011–2016
Figure 93: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 94: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 95: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 96: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 97: Vietnamese Personal Accident and Health Insurance Segment – Five Forces Analysis
Figure 98: Vietnamese Premium Ceded to Reinsurance by Category (VND Billion), 2007–2016
Figure 99: Vietnamese Premium Ceded to Reinsurance by Category (% Share), 2011 and 2016
Figure 100: Vietnamese Reinsurance Market Dynamics by Category, 2007–2016
...
COMPANIES MENTIONED
BaoMinh Insurance Corporation
PVI Insurance Corporation
Petrolimex Joint-Stock Insurance Company
Agriculture Bank Insurance Joint Stock Corporation
2 INTRODUCTION
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology
3 VIETNAMESE INSURANCE INDUSTRY ATTRACTIVENESS
3.1 Insurance Industry Market Size, 2007–2016
3.2 Key Industry Trends and Drivers
3.2.1 Business drivers
3.2.2 Consumer drivers
3.3 Recent Market Developments
4 PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT OUTLOOK
4.1 Personal Accident and Health Insurance Growth Prospects by Category
4.1.1 Personal accident category
4.1.2 Travel insurance category
4.1.3 Health insurance category
5 ANALYSIS BY DISTRIBUTION CHANNELS
5.1 Direct Marketing Channel
5.2 Bancassurance Channel
5.3 Agencies Channel
5.4 E-Commerce Channel
5.5 Brokers Channel
5.6 Other Channels
6 REGULATORY POLICIES
7 PORTER’S FIVE FORCES ANALYSIS – VIETNAMESE PERSONAL ACCIDENT AND HEALTH INSURANCE SEGMENT
7.1 Bargaining Power of Supplier: High
7.2 Bargaining Power of Buyer: Low
7.3 Barriers to Entry: Low
7.4 Intensity of Rivalry: Medium to High
7.5 Threat of Substitutes: Low
8 REINSURANCE GROWTH DYNAMICS AND CHALLENGES
8.1 Reinsurance market size, 2007–2016
8.2 Reinsurance market size by type of insurance, 2007–2016
9 COMPETITIVE LANDSCAPE AND STRATEGIC INSIGHTS
9.1 Overview
9.2 Leading Companies in the Vietnam Personal Accident and Health Insurance Segment
9.3 BaoMinh Insurance Corporation – Company Overview
9.3.1 BaoMinh Insurance Corporation – key facts
9.4 PVI Insurance Corporation – Company Overview
9.4.1 PVI Insurance Corporation – key facts
9.5 Petrolimex Joint-Stock Insurance Company – Company Overview
9.5.1 Petrolimex Joint-Stock Insurance Company – key facts
9.6 Agriculture Bank Insurance Joint-Stock Corporation– Company Overview
9.6.1 Agriculture Bank Insurance Joint-Stock Corporation – key facts
10 BUSINESS ENVIRONMENT AND COUNTRY RISK
10.1 Business Confidence
10.1.1 Market capitalization trend – Ho Chi Minh City Stock Exchange, Vietnam
10.2 Economic Performance
10.2.1 GDP at constant prices (US dollars)
10.2.2 GDP per capita at constant prices (US dollars)
10.2.3 GDP at current prices (US dollars)
10.2.4 GDP per capita at current prices (US dollars)
10.2.5 GDP split by key sectors
10.2.6 Agriculture net output at current prices (Vietnam Dong)
10.2.7 Agriculture net output at current prices (US dollars)
10.2.8 Agriculture net output at current prices as a percentage of GDP
10.2.9 Manufacturing net output at current prices (Vietnam Dong)
10.2.10 Manufacturing net output at current prices (US dollars)
10.2.11 Manufacturing net output at current prices as a percentage of GDP
10.2.12 Mining, manufacturing and utilities net output at current prices (Vietnam Dong)
10.2.13 Mining, manufacturing and utilities at current prices (US dollars)
10.2.14 Mining, manufacturing and utilities at current prices as a percentage of GDP
10.2.15 Construction net output at current prices (Vietnam Dong)
10.2.16 Construction net output at current prices as a percentage of GDP
10.2.17 Construction net output at current prices (US dollars)
10.2.18 Inflation rate
10.2.19 Current account balance as a percentage of GDP
10.2.20 Exports growth
10.2.21 Imports growth
10.2.22 External debt as a percentage of GDP
10.2.23 Annual average exchange rate US$–VND
10.2.24 End of period exchange rate US$–VND
10.3 Infrastructure Quality and Availability
10.3.1 Railways and roads
10.3.2 Passenger vehicle registration
10.3.3 Commercial vehicle production
10.3.4 Healthcare expenditure
10.3.5 Healthcare expenditure as a percentage of GDP
10.3.6 Healthcare per capita expenditure
10.3.7 Total internet subscribers
10.4 Labor Force
10.4.1 Labor force
10.4.2 Unemployment rate
10.5 Demographics
10.5.1 Annual disposable income
10.5.2 Annual per capita disposable income
10.5.3 Total population
10.5.4 Urban and rural population
10.5.5 Females as a percentage of the total population
10.5.6 Males as a percentage of the total population
10.5.7 Median age of population
10.5.8 Population density
10.5.9 Age distribution of the total population
10.5.10 Age distribution of the male population
10.5.11 Age distribution of the female population
10.5.12 Number of households
10.6 Political and Social Risk
10.6.1 Political stability
10.6.2 Terrorism Index
10.6.3 Transparency index
11 APPENDIX
11.1 Methodology
11.1 Contact Us
11.2 About Timetric
11.3 Disclaimer
LIST OF TABLES
Table 1: Insurance Industry Definitions
Table 2: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), 2007–2011
Table 3: Vietnamese Insurance Overall Written Premium by Segment (US$ Billion), 2007–2011
Table 4: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), 2011–2016
Table 5: Vietnamese Insurance Overall Written Premium by Segment (US$ Billion), 2011–2016
Table 6: Vietnamese Insurance Segmentation (% Share), 2007–2016
Table 7: Personal Accident and Health Insurance Written Premium by Category (VND Billion), 2007–2011
Table 8: Vietnamese Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2007–2011
Table 9: Vietnamese Personal Accident and Health Insurance Written Premium by Category (VND Billion), 2011–2016
Table 10: Vietnamese Personal Accident and Health Insurance Written Premium by Category (US$ Billion), 2011–2016
Table 11: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2007–2011
Table 12: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2011–2016
Table 13: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (VND Billion), 2007–2011
Table 14: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2007–2011
Table 15: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (VND Billion), 2011–2016
Table 16: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (US$ Billion), 2011–2016
Table 17: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (VND Billion), 2007–2011
Table 18: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2007–2011
Table 19: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (VND Billion), 2011–2016
Table 20: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (US$ Billion), 2011–2016
Table 21: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Table 22: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Table 23: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2007–2011
Table 24: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2011–2016
Table 25: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2007–2011
Table 26: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2011–2016
Table 27: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2007–2011
Table 28: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2011–2016
Table 29: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2007–2011
Table 30: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2011–2016
Table 31: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2007–2011
Table 32: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2011–2016
Table 33: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2007–2011
Table 34: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2011–2016
Table 35: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Table 36: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Table 37: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2007–2011
Table 38: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2011–2016
Table 39: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2007–2011
Table 40: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2011–2016
Table 41: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Table 42: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Table 43: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2007–2011
Table 44: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2011–2016
Table 45: Vietnamese Travel Insurance Category – Loss Ratio (%), 2007–2011
Table 46: Vietnamese Travel Insurance Category – Loss Ratio (%), 2011–2016
Table 47: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Table 48: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Table 49: Vietnamese Health Insurance Category – Written Premium (VND Billion), 2007–2011
Table 50: Vietnamese Health Insurance Sub-Category – Written Premium (VND Billion), 2011–2016
Table 51: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2007–2011
Table 52: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2011–2016
Table 53: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2007–2011
Table 54: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2011–2016
Table 55: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2007–2011
Table 56: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2011–2016
Table 57: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Table 58: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Table 59: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Table 60: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Table 61: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2007–2011
Table 62: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2011–2016
Table 63: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2007–2011
Table 64: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2011–2016
Table 65: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Table 66: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Table 67: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Table 68: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Table 69: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2007–2011
Table 70: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2011–2016
Table 71: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2007–2011
Table 72: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2011–2016
Table 73: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Table 74: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Table 75: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Table 76: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Table 77: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2007–2011
Table 78: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2011–2016
Table 79: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2007–2011
Table 80: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2011–2016
Table 81: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2007–2011
Table 82: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2011–2016
Table 83: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2007–2011
Table 84: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2011–2016
Table 85: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2007–2011
Table 86: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2011–2016
Table 87: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2007–2011
Table 88: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2011–2016
Table 89: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2007–2011
Table 90: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2011–2016
Table 91: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2007–2011
Table 92: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2011–2016
Table 93: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2007–2011
Table 94: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2011–2016
Table 95: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2007–2011
Table 96: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2011–2016
Table 97: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Table 98: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Table 99: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Table 100: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Table 101: Vietnamese Reinsurance Segment, Market Size by Category, (VND Billion), 2007–2011
Table 102: Vietnamese Reinsurance Segment, Market Size by Category, (US$ Billion), 2007–2011
Table 103: Vietnamese Reinsurance Segment, Market Size by Category, (VND Billion), 2011–2016
Table 104: Vietnamese Reinsurance Segment, Market Size by Category, (US$ Billion), 2011–2016
Table 105: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (VND Billion), 2007–2011
Table 106: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2007–2011
Table 107: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (VND Billion), 2011–2016
Table 108: Vietnamese Premium Ceded to Reinsurance by Type of Insurance (US$ Billion), 2011–2016
Table 109: Vietnamese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2007–2011
Table 110: Vietnamese Personal Accident and Health Insurance – Percentage of Reinsurance Ceded (%), 2011–2016
Table 111: Vietnamese Personal Accident and Health Insurance Segment Share (%), 2010
Table 112: BaoMinh Insurance Corporation, Key Facts
Table 113: PVI Insurance Corporation, Key Facts
Table 114: Petrolimex Joint-Stock Insurance Company, Key Facts
Table 115: Agriculture Bank Insurance Joint Stock Corporation, Key Facts
LIST OF FIGURES
Figure 1: Vietnamese Insurance Overall Written Premium by Segment (VND Billion), 2007–2016
Figure 2: Vietnamese Insurance Market Dynamics by Segment, 2007–2016
Figure 3: Vietnamese Personal Accident and Health Insurance Written Premium by Category (VND Billion), 2007–2016
Figure 4: Vietnamese Personal Accident and Health Insurance Written Premium by Category (% Share), 2011 and 2016
Figure 5: Vietnamese Personal Accident and Health Insurance Segment Dynamics by Category, 2007–2016
Figure 6: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2007–2011
Figure 7: Vietnamese Personal Accident and Health Insurance – Earned Premium (VND Billion), 2011–2016
Figure 8: Vietnamese Personal Accident and Health Insurance – Paid Claims by Category (VND Billion), 2007–2016
Figure 9: Vietnamese Personal Accident and Health Insurance – Incurred Loss by Category (VND Billion), 2007–2016
Figure 10: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2007–2011
Figure 11: Vietnamese Personal Accident and Health Insurance – Loss Ratio (%), 2011–2016
Figure 12: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2007–2011
Figure 13: Vietnamese Personal Accident and Health Insurance – Commission and Expenses (VND Billion), 2011–2016
Figure 14: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2007–2011
Figure 15: Vietnamese Personal Accident and Health Insurance – Combined Ratio (%), 2011–2016
Figure 16: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2007–2011
Figure 17: Vietnamese Personal Accident and Health Insurance – Frauds and Crimes (VND Billion), 2011–2016
Figure 18: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2007–2011
Figure 19: Vietnamese Personal Accident and Health Insurance – Total Assets (VND Billion), 2011–2016
Figure 20: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2007–2011
Figure 21: Vietnamese Personal Accident and Health Insurance – Total Investment Income (VND Billion), 2011–2016
Figure 22: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2007–2011
Figure 23: Vietnamese Personal Accident and Health Insurance – Retentions (VND Billion), 2011–2016
Figure 24: Vietnamese Personal Accident and Health Insurance – Investment Portfolio (VND Billion), 2007–2011
Figure 25: Vietnamese Personal Accident and Health Insurance – Investment Portfolio (% Share), 2007 and 2011
Figure 26: Vietnamese Personal Accident and Health Insurance Penetration (% of GDP), 2007–2011
Figure 27: Vietnamese Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2007–2011
Figure 28: Vietnamese Personal Accident and Health Insurance – Number of Policies Sold (Thousand), 2011–2016
Figure 29: Vietnamese Personal Accident and Health Insurance – Premium Per Capita (VND), 2007–2011
Figure 30: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Figure 31: Vietnamese Personal Accident Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Figure 32: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2007–2011
Figure 33: Vietnamese Personal Accident Insurance Category – Written Premium (VND Billion), 2011–2016
Figure 34: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2007–2011
Figure 35: Vietnamese Personal Accident Insurance Category – Loss Ratio (%), 2011–2016
Figure 36: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Figure 37: Vietnamese Travel Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Figure 38: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2007–2011
Figure 39: Vietnamese Travel Insurance Category – Written Premium (VND Billion), 2011–2016
Figure 40: Vietnamese Travel Insurance Category – Loss Ratio (%), 2007–2011
Figure 41: Vietnamese Travel Insurance Category – Loss Ratio (%), 2011–2016
Figure 42: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2007–2011
Figure 43: Vietnamese Health Insurance Category – Number of Policies Sold (Thousand), 2011–2016
Figure 44: Vietnamese Health Insurance Category – Written Premium (VND Billion), 2007–2011
Figure 45: Vietnamese Health Insurance Sub-Category – Written Premium (VND Billion), 2011–2016
Figure 46: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2007–2011
Figure 47: Vietnamese Health Insurance Sub-Category – Loss Ratio (%), 2011–2016
Figure 48: Vietnamese Personal Accident and Health Insurance Written Premium by Distribution Channel (% Share), 2011 and 2016
Figure 49: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2007–2011
Figure 50: Vietnamese Personal Accident and Health Insurance – Direct Marketing Commission Paid (VND Billion), 2011–2016
Figure 51: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2007–2011
Figure 52: Vietnamese Personal Accident and Health Insurance – Written Premium Through Direct Marketing (VND Billion), 2011–2016
Figure 53: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2007–2011
Figure 54: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Direct Marketing (Thousand), 2011–2016
Figure 55: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2007–2011
Figure 56: Vietnamese Personal Accident and Health Insurance – Number of Direct Marketing Distributors, 2011–2016
Figure 57: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2007–2011
Figure 58: Vietnamese Personal Accident and Health Insurance – Bancassurance Commission Paid (VND Billion), 2011–2016
Figure 59: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2007–2011
Figure 60: Vietnamese Personal Accident and Health Insurance – Written Premium Through Bancassurance (VND Billion), 2011–2016
Figure 61: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2007–2011
Figure 62: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Bancassurance (Thousand), 2011–2016
Figure 63: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2007–2011
Figure 64: Vietnamese Personal Accident and Health Insurance – Number of Bancassurance Distributors, 2011–2016
Figure 65: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2007–2011
Figure 66: Vietnamese Personal Accident and Health Insurance – Commission Paid to Agencies (VND Billion), 2011–2016
Figure 67: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2007–2011
Figure 68: Vietnamese Personal Accident and Health Insurance – Written Premium Through Agencies (VND Billion), 2011–2016
Figure 69: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2007–2011
Figure 70: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Agencies (Thousand), 2011–2016
Figure 71: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2007–2011
Figure 72: Vietnamese Personal Accident and Health Insurance – Number of Agencies, 2011–2016
Figure 73: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2007–2011
Figure 74: Vietnamese Personal Accident and Health Insurance – E-Commerce Commission Paid (VND Billion), 2011–2016
Figure 75: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2007–2011
Figure 76: Vietnamese Personal Accident and Health Insurance – Written Premium Through E-Commerce (VND Billion), 2011–2016
Figure 77: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2007–2011
Figure 78: Vietnamese Personal Accident and Health Insurance – Policies Sold Through E-Commerce (Thousand), 2011–2016
Figure 79: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2007–2011
Figure 80: Vietnamese Personal Accident and Health Insurance – Number of E-Commerce Distributors, 2011–2016
Figure 81: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2007–2011
Figure 82: Vietnamese Personal Accident and Health Insurance – Commission Paid to Brokers (VND Billion), 2011–2016
Figure 83: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2007–2011
Figure 84: Vietnamese Personal Accident and Health Insurance – Written Premium Through Brokers (VND Billion), 2011–2016
Figure 85: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2007–2011
Figure 86: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Brokers (Thousand), 2011–2016
Figure 87: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2007–2011
Figure 88: Vietnamese Personal Accident and Health Insurance – Number of Brokers, 2011–2016
Figure 89: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2007–2011
Figure 90: Vietnamese Personal Accident and Health Insurance – Commission Paid to Other Channels (VND Billion), 2011–2016
Figure 91: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2007–2011
Figure 92: Vietnamese Personal Accident and Health Insurance – Written Premium Through Other Channels (VND Billion), 2011–2016
Figure 93: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2007–2011
Figure 94: Vietnamese Personal Accident and Health Insurance – Policies Sold Through Other Channels (Thousand), 2011–2016
Figure 95: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2007–2011
Figure 96: Vietnamese Personal Accident and Health Insurance – Number of Distributors in Other Channels, 2011–2016
Figure 97: Vietnamese Personal Accident and Health Insurance Segment – Five Forces Analysis
Figure 98: Vietnamese Premium Ceded to Reinsurance by Category (VND Billion), 2007–2016
Figure 99: Vietnamese Premium Ceded to Reinsurance by Category (% Share), 2011 and 2016
Figure 100: Vietnamese Reinsurance Market Dynamics by Category, 2007–2016
...
COMPANIES MENTIONED
BaoMinh Insurance Corporation
PVI Insurance Corporation
Petrolimex Joint-Stock Insurance Company
Agriculture Bank Insurance Joint Stock Corporation
