Report

Analyst Pin-board Insurance sector - Headwinds in the short term, room for revenue growth from 2023 on

·         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.

Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Son Tran

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