Conditions for insurance brokerage of foreign investors in Vietnam
A risk is an adverse event that happens to an object or phenomenon. It can have objective or subjective causes, but the results are almost always negative either way. And insurance is a type of risk management mainly used to protect against potential losses or hazards that may occur accidentally. Insurance is one technique to cope with financial losses brought on by threats. However, when people’s material and spiritual lives were improved, awareness of insurance for individuals and organizations in Vietnam only started to form and overgrow. Therefore, Vietnam is a fresh market; thus, it has the potential to draw foreign investors that want to invest in insurance services. Conditions for insurance brokerage of foreign investors in Vietnam 1. Conditions for foreign investors’ insurance brokerage activities in Vietnam For the existence and growth of insurance brokerage operations, the insurance market and insurance companies must develop. An insurance brokerage company a...