US insurer bullish on Vietnam

The new general director of Liberty Insurance said he was upbeat about the growth of the non-life insurance sector in Vietnam.

According to a study released last month by Global Market Research & Consultancy Company (RNCOS), the non-life insurance sector in Vietnam will grow by 25 percent from 2009– 2013, despite the global economic slump.

Carlos Vanegas told reporters on Thursday that there was ample opportunity for insurance companies to invest and compete in Vietnam.

Liberty Insurance does not offer life insurance.

Vinh Bao

thanhnien

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