New Market Study Published: Personal Accident and Health Insurance in Vietnam, Key Trends and Opportunities to 2017
The Vietnamese personal accident and health insurance segment grew from VND1.6 trillion (US$98.0 million) in 2008 to VND4.0 trillion (US$191.9 million) in 2012, at a compound annual growth rate (CAGR) of 25.9% during the review period (2008-2012). With rising medical expenditure and disposable incomes, the segment's growth is expected to be sustained by the poor state of Vietnam's healthcare system, which is leading people to opt for private healthcare and insurance. In 2011, private healthcare accounted for 40.4% of the...
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