Vietnam’s top insurers invest significantly in securities


Prudential has invested the most in stocks, putting nearly 20 trillion dong or about US$757.5mil into the market by the end of the second quarter of this year. — Reuters

HANOI: Several top insurance companies in Vietnam are investing thousands of billions of Vietnamese dong in stocks.

For the top five insurers – Prudential, Manulife, AIA Vietnam, Dai-ichi Life and Bao Viet Group – about 70% to 90% of their total assets are used for short- and long-term investments, of which stocks have gradually become an important investment channel, news portal doanhnhanvn.vn reports.

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