Life insurer Manulife Vietnam reported a positive growth for 2012 with annualized premium equivalent insurance sales of VND718 billion, increasing 19% over 2011. It total premiums and deposits were at over VND2.1 trillion, a 21% year-on-year surge. This is strong evidence of the company’s commitment to business development and market expansion in Vietnam, Chung Ba Phuong, CEO of Manulife Vietnam,... 

Life insurer Manulife Vietnam on Monday introduced Manulife-My Talent, a new life insurance product for children’s education. This product provides children aged 0-12 a savings fund that could be used for their university education and a medical fund to cover unforeseen hospitalization expenses after illnesses or surgery. The product has two plan options, protection plan and savings plan. Both... 

Manulife Vietnam, the first 100 per cent foreign-owned life insurance company licenced in Vietnam, has opened its new customer service office at Maritime Bank Building’s in Ho Chi Minh City’s District 1 last week. The new office, designed to offer customers more convenient and better service, covers a total area of 1,470 square metres. It supplements the company’s existing headquarters at... 

Saigon Thuong Tin Commercial Bank, or Sacombank, and life insurer Manulife Vietnam on Monday signed a cooperation agreement to diversify products and better customer services of the both sides. The agreement offers customers of Manulife Vietnam more insurance premium payment methods. Clients can settle fees at 410 transaction points of Sacombank by providing contract numbers or authorize the bank... 

Manulife Vietnam has just launched two new investment-linked insurance products into the market. The leading life insurer in Vietnam’s products are ‘Manulife-The key support for our dream’ catered to energetic and ambitious youngsters and ‘Manulife-The key support for your love’ reserved for customers aged from 40 with a stable career. The two new products are unique in that their customers... 

Manulife Vietnam has just reported it had achieved a strong growth in insurance sales in the first quarter of 2012, with a year-on-year increase of 34% in annualized premium equivalent (APE). In addition to the business growth, the insurance service provider saw its agency force expand 31% over the same period last year. Chung Ba Phuong, CEO and General Director of Manulife Vietnam, said: “The... 

Life insurer Manulife Vietnam has launched “More Benefits, Better Satisfaction,” to champion education and health programmes for customers nationwide. In cooperation with reputable education and healthcare partners, Manulife is offering special benefits to customers whose policies are issued from May 1, 2012 to April 30, 2014 and of annual premium fee from VND15 million ($718). These include a... 

The year 2011 witnessed the instability of the economy which caused difficulties to many companies. However, prompt responses to the market changes have helped Manulife Vietnam weather the storm and go on track of development in Vietnam’s insurance market. David Wong, senior vice president of Manulife Financial – ASEAN Operations, saw 2011 as a challenging year for both individuals and companies... 

Manulife Vietnam has reported 32 per cent second-quarter growth in annualised premium equivalent for its life insurance division compared with 2010’s second quarter. Second-quarter business growth for Manulife Vietnam was attributed to the expansion of its sales force and launch of an endowment product called My Family. The My Family product was launched in June and offers customers financial protection... 

Manulife Vietnam launched its Vung Tau City sales office Monday, strengthening the Canadian-invested life insurer’s presence in the southern province of Ba Ria-Vung Tau, Vietnam’s hub for oil and gas exploration. “Vung Tau has become an essential market for Manulife with significant business growth recently,” Manulife Vietnam CEO Carl Gustini said during the office launch. “In this market,...