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The equity of insurers amounted to VND93,500 billion, up 20.2% while the premiums collected by insurance companies hit around VND100,000 billion, up 23.6%.
The total insurance compensation saw a year-on-year increase of 8.6%, attaining VND25,300 billion.
Viet Nam now has 779,600 insurance agents. The country’s insurance sector has targeted a growth rate of 20% this year.
By Thuy Dung