· Insurance premium revenue in 5M2021 rallied compared to the same period last year. Total premium revenue reached VND 82,727 billion, up 26% YoY. · Strict and prolonged social distancing since mid-July may slow insurance revenue in Q3 before recovering from Q4/2021. · The revised Law on Insurance Business, expected to be promulgated in 2022 and effective from July 1, 2023, will open up many new business opportunities for market participants, especially in life and health insurance. |
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