SINGAPORE, March 13, 2024 A change in Vietnam law pertaining to the distribution and purchase of insurance products through the bancassurance channel is expected to constrain sales growth over the near term, more so for life side products than the non-life side of the business, according to a new AM Best report.
Le Hoai An, a banking consultant and trainer at Integrated Financial Solutions, talked with VIR’s Hong Dung about the new regulations on bancassurance operations in Vietnam.