Vietnam's non-life insurance market, currently valued at approximately US$ 2.8 billion, is projected to grow to $28 billion by 2030. Despite this potential, foreign investors have found limited success in the sector over the past 20 years.

Non-life insurance companies have seen a mixed performance in the first quarter of 2024, with several experiencing significant profit growth and others facing challenges.

Viet Nam’s non-life insurance market has continued to attract foreign investors in the first months of this year.