Newcomer in Vietnam Non-life Insurance Market

The company, with a total capital of VND300 billion, provides a wide range of insurance products like property insurance, liability insurance, transportation insurance, health insurance, casualty insurance, engineering insurance, etc.

 

Mr Pin Lin Yao, President and CEO of Cathay Non-life Insurance Company, said: “We are very impressive with an emerging, dynamic and fast-growing economy and a potential non-life insurance market like Vietnam. We wish to contribute our part to the development of Vietnamese financial market and economy.”

 

In the next five years, Cathay Insurance will set up a broad system supported by two central agents in the north and in the south. The company will apply its successful models in Taiwan to Vietnam.