Aviva Vietnam announces new appointed actuary
Aviva Vietnam announces new appointed actuary
Uponapproval by the Ministry of Finance, Aviva Vietnam Life Insurance Co., Ltd. (Aviva Vietnam) has appointed Zhen Chen as its new appointed actuary. The appointment came into effect on October 8, 2019.Zhen Chen is a qualified actuary of the Society of Actuaries with 14 years of experience as an insurance professional in reputable global insurance organisations across various markets. He held many senior roles such as vice president, chief pricing actuary at Maiden Reinsurance Global (Bermuda, USA), senior pricing actuary (Member of Management) at Partner Reinsurance (Zurich, Switzerland), senior ERM project manager at AIG Group ERM and Analytics (Shanghai and Hongkong, China). With this appointment, Zhen Chen will play a key role in managing the financial KPIs and sustainable business growth of Aviva Vietnam.
On this occasion, Paul George Nguyen, CEO of Aviva Vietnam, said, “I strongly believe that with his in-depth knowledge, action-oriented mindset, and enthusiasm, Zhen Chen will accompany and lead his team to accomplish important missions and to contribute significantly to the ongoing success of the company.”
Aviva is a leading insurer in the UK with over 320 years of experience in Europe, Asia, and North America. Aviva specialises in life, non-life, healthcare, and property insurance products. It currently serves over 33 million customers all over the world.
In Vietnam, Aviva established an exclusive long-term partnership with VietinBank with the mission of bringing premium financial solutions to customers. Aviva Vietnam is one of the fastest-growing life insurers in the market and posted a growth rate of 56 per cent in 2018. In 2019, the company has launched 12 new sales offices all over the country to better support its sales force, and to support the development of Vietnam’s life insurance industry.
