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Hanwha Life Vietnam to increase charter capital

Jul 16th at 10:15
16-07-2014 10:15:48+07:00

Hanwha Life Vietnam to increase charter capital

Hanwha Life Vietnam is going to increase its charter capital in Viet Nam to nearly VND1.9 trillion or US$103 million – making it one of the top three life insurers in the market.

The capital injection by Hanwha Life Vietnam has been approved by the Ministry of Finance, and shows the company's belief in the Vietnamese life insurance market.

Hanwha Life Vietnam has also announced positive business results in first half year, drawing premiums of VND98.4 billion, an increase of 173 per cent compared with the same period last year.

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