The subject is a member of Taiwan's largest financial group – CATHAY LIFE Group. The company's charter capital currently amounts to USD 290 million, taking third place in Vietnam Insurer's Charter Capital Ranking. In Aug 2018, the subject received nearly VND 2,800 billion from the parent company (from Taiwan). Updated to Nov 2019, CATHAY LIFE VIET NAM has 6 branches and 78 sales offices with a full-time financial team of nearly 3,000 people. In 2019, it has stopped cooperating insurance distribution with BESTLIFE.,JSC; IVNCA COMPANY LIMITED, and OCB bank. On 14 Feb 2020, the administrator of health insurance and travel insurance - Pacific Cross Vietnam and the subject officially signed a service agreement.According to Department of the Insurance Supervisory Authority, now Vietnam's insurance industry has 65 companies. The subject is one of 18 life insurance companies. Updated to the first 8 months of 2019, its market share (1%) is negligible(1st - Bao Viet Life (25%); 2nd - Prudential (20.1%); 3rd - Manulife (14.5%).
Headquarters
9th Floor, The World Center Building, No. 46-48-50, Pham Hong Thai Street, Ben Thanh Ward
Ho Chi Minh municipality; South Eastern Vietnam;
Postal Code: 70000-74000
Contact Details: Purchase the Cathay Life Insurance Vietnam Co., Ltd. report to view the information.
Website: https://www.cathaylife.com.vn
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