SINGAPORE, June 12 (Bernama-BUSINESS WIRE) -- AM Best has assigned a stable market segment outlook to Vietnam’s non-life insurance segment, citing solid risk-adjusted capitalisation levels among market participants, supported by conservative investment portfolios, and demographic and demand factors that support medium- to long-term growth prospects. Spillover effects of the ongoing U.S.-China trade war, which likely will benefit Vietnam, is also a factor that supports the stable outlook.
BEST'S MARKET SEGMENT REPORT: INSURERS' SOLID CAPITAL LEVELS, GROWTH PROSPECTS SUPPORT STABLE OUTLOOK ON VIETNAM NON-LIFE SECTOR
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