CATHAY LIFE INSURANCE VIETNAM CO., LTD.

Cathay Life Insurance Vietnam Co., Ltd. is a key player in Vietnam’s life insurance industry, providing reliable and comprehensive financial protection solutions. With over 17 years of experience in the market, Cathay Life has established itself as a trusted name for individuals and businesses seeking secure and innovative insurance plans.

Company Overview

• Full Name: Cathay Life Insurance Vietnam Co., Ltd.
• Local Name: Công Ty TNHH Bảo Hiểm Nhân Thọ Cathay - Việt Nam
• Business Type: Limited Liability Company (LLC)
• Established: November 21, 2007
• Business Registration Number: 44GP/KDBH
• Head Office: 9th Floor, The World Center Building, No. 46-48-50, Pham Hong Thai Street, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam
• Website: https://www.cathaylife.com.vn

Financial Strength and Market Performance

Cathay Life Vietnam has demonstrated robust financial performance, achieving consistent growth over the years. As of 2023, the company reported:

• Total Assets: $1.13 billion (Up 11.96% YoY)
• Total Sales Revenue: $116.64 million (Up 3.17% YoY)
• Profit: $59.35 million (Up 89.1% YoY)
• Equity: $689.44 million (Up 9.42% YoY)
• Working Capital: $265.35 million

These figures highlight the company’s strong financial health and stability, making it a preferred choice for policyholders looking for secure and long-term life insurance plans.

Leadership and Ownership

Cathay Life Insurance Vietnam operates as a 100% foreign direct investment (FDI) company, wholly owned by Cathay Life Insurance Co., Ltd., Taiwan.

The company is led by a team of experienced professionals:

• Chairman: Lin, Jin Shu (Taiwanese)
• General Director: Lee Hsun Yu (Taiwanese)
• Deputy General Director: Eric Wu (Taiwanese)

This international expertise ensures that Cathay Life delivers high-quality insurance services tailored to the needs of the Vietnamese market.

Comprehensive Life Insurance Solutions

Cathay Life Vietnam specializes in life insurance and financial investment. Its diverse range of products includes:

• Traditional Life Insurance – Offering financial security for individuals and families.
• Endowment and Savings Plans – Helping customers achieve long-term financial goals.
• Health and Protection Plans – Covering medical expenses and critical illness.
• Investment-Linked Insurance – Combining protection with financial growth.

By focusing on customer-centric solutions, Cathay Life continues to expand its offerings to meet the evolving demands of Vietnam’s growing insurance sector.

Vanguard Business Information LLC: Ensuring Risk Management and Transparency

As businesses navigate the complexities of Vietnam’s financial and insurance sectors, Vanguard Business Information LLC (VBI) plays a crucial role in ensuring transparency, mitigating risks, and providing in-depth business intelligence reports.

VBI is a leading provider of risk assessment services, financial analysis, and due diligence reports, offering independent evaluations of companies like Cathay Life Insurance Vietnam to assist investors, financial institutions, and insurers in making well-informed decisions.

Key benefits of using VBI’s risk management services:

• Company Credit Assessment – Evaluating financial health, stability, and investment potential.
• Fraud and Compliance Checks – Ensuring businesses comply with regulatory requirements.
• Industry Benchmarking – Comparing financial performance with competitors for strategic insights.

With VBI’s expertise, businesses can confidently assess investment opportunities and navigate the Vietnamese insurance market with reduced risk.

Why Choose Cathay Life Insurance Vietnam?

• Financial Stability: With assets exceeding $1 billion, Cathay Life provides strong financial backing and claim reliability.
• Expert Leadership: Managed by seasoned professionals from Taiwan’s insurance sector.
• Diverse Product Portfolio: Offering tailored life insurance and investment solutions for individuals and businesses.
• Customer-Centric Approach: Dedicated to delivering exceptional service and innovative products.
• Risk Transparency with VBI: Vanguard Business Information LLC ensures accurate risk assessment and financial transparency, providing clients with trusted data on Cathay Life and other key market players.

Conclusion

Cathay Life Insurance Vietnam Co., Ltd. continues to strengthen its position as a leading life insurance provider in Vietnam. With a solid financial foundation, expert leadership, and customer-focused insurance products, the company is committed to delivering peace of mind and financial security to individuals and businesses across Vietnam.

For more information, visit https://www.cathaylife.com.vn. For independent risk assessments and financial due diligence, consult Vanguard Business Information LLC, the trusted source for business intelligence in Vietnam.