Mondaq All Regions - Vietnam: Insurance
Duane Morris LLP
A project "ComFrame" set up by the Internationally Active Insurance Groups (IAIG related to IAIS), is planned to establish regulatory framework with mandatory standards.
Clyde & Co
Amongst other changes, Decree 73 imposes restrictions, in certain circumstances, on the amount of risk and premium that can be transferred by insurers operating in Vietnam to their reinsurers...
Russin & Vecchi
Government regulations in the industry demand disclosure and transparency, and prohibit anti-competitive practices.
Reed Smith (Worldwide)
Recent turmoil and violence at manufacturing parks throughout Vietnam over the last few weeks is impacting both local and global manufacturers.
Mayer Brown
Vietnam started liberalising its insurance market by allowing foreign insurers to participate in the domestic market almost 20 years ago.
Clyde & Co
The Vietnamese insurance market is growing rapidly; some figures have suggested a growth rate of 20% rate per annum since 2007.
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