Insurance company: Vietnamese people spend on car insurance more than health insurance?

According to non-life insurance company, motor vehicle insurance and health insurance accounts for the majority of the premium revenue, respectively reaching 28.2% and 21.5%.

Insurance company: Vietnamese people spend on car insurance more than health insurance?

According to the Office of Management and supervision Insurance (ISA) announced at the Conference "Improving governance capacity Insurers, towards international standards" was held on 14.12.2015, Vietnam currently has 29 non-life insurance company, while 10 Companies Limited, Ltd. 24 members and 15 joint stock insurance company.

The total original premium revenue period 2011 - 2015 the average growth of 11% / year. 2015, written premiums revenue estimated at 31,400 billion, up 14% compared with 2014.

Also in the market non-life insurance, motor vehicle insurance and health insurance accounts for the majority of the premium revenue, respectively reaching 28.2% and 21.5%. Property insurance and damage insurance with 21.1% 3rd premium revenue.

Thus in 2015, who spent over 8,800 billion Vietnamese for the cost of insurance of motor vehicles, but the number of health insurance for just over 6.700 billion.