Thứ Sáu, 18 tháng 10, 2013

The annual report of Vietnam Insurance Market 2012 (Part 1)

Key Development Indicator


2007
2008
2009
2010
2011
2012
1. Market Structure






Number of Enterprises
40
49
50
53
57
57
- Non-Life Insurers
22
27
28
29
29
29
- Life Insurers
9
11
11
12
14
14
- Professional Reinsurers
1
1
1
1
2
2
- Brokers
8
10
10
11
12
12
2. Market size (VND bil.)
24,273
28,054
32,821
39,138
46,985
51,523
- Insurance premiums
17,650
21,255
25,593
30,842
36,552
41,246
+ Non-Life Business
8,213
10,948
13,754
17,070
20,554
22,849
+ Life Business
9,437
10,307
11,839
13,772
15,998
18,397
- Investment Income
6,623
6,799
7,228
8,296
10,433
10,277
- Insurance Penetration (%)
2.12%
1.90%
1.99%
1.98%
1.85%
1.94%
+ Non-Life Business
0.72%
0.74%
0.83%
0.86%
0.81%
0.86%
+ Life Business
0.82%
0.70%
0.72%
0.70%
0.63%
0.69%
+ Investment Income
0.58%
0.46%
0.44%
0.42%
0.41%
0.39%
- Insurance Density (VND' 000)
207
247
295
450
535
580
3. Contribution to socio-economic stabilization
14,605
14,370
14,972
19,101
21,848
25,334
- Claim payments and Insurance Payout (VND bil.)
6,627
9,533
8,956
12,300
15,971
16,649
- Technical Reserves (VND bil.)
7,978
4,837
6,016
6,801
5,877
8,685
4. Investments (VND bil.)
46,549
56,435
65,094
79,069
83,439
89,567
5. Financial Capacity






- Total Asset (VND bil.)
57,543
71,831
84,977
99,330
106,246
114,663
- Accumulated Technical Reserves (VND bil.)
35,685
42,214
48,641
55,324
61,878
69,393
6. Employment (employees & agents)
131,910
135,256
187,702
243,203
303,716
322,676
Source: somewhere in the net