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Legal Update

Latest Update on Vietnam's Life Insurance Sector

15 March 2017
Mayer Brown JSM Legal Update
Vietnam's life insurance sector appears poised for growth and development, in particular as the market evolves to incorporate new distribution structures such as bancassurance. This legal update provides an overview of the following updates related to the life insurance business in Vietnam: 1) required reserves for insurers; 2) solvency regulations; 3) product sales regulations; and 4) foreign ownership limits.
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