PROLooking for more than just a company report? Upgrade to Pro now

CATHAY LIFE INSURANCE VIETNAM CO., LTD.

Active

Business ID 0305365284

84-28 / 6255 6393

CATHAY LIFE INSURANCE VIETNAM CO., LTD.

Active

Business ID 0305365284

84-28 / 6255 6393

CATHAY LIFE INSURANCE VIETNAM CO., LTD.

Active

Summary

Name:

CATHAY LIFE INSURANCE VIETNAM CO., LTD.

Business ID (TIN):

0305365284

Date of Registration:

21 Nov 2007

Registered Office:

Ministry of Finance

Address:

9th Floor, The World Center Building, No. 46-48-50, Pham Hong Thai Street, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 6255 6393

Fax:

(84-28) 6255 6399

Financial Statement:

2020, 2021, 2022, 2023, 2024

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.

Legal Profile

English Name:

CATHAY LIFE INSURANCE VIETNAM CO., LTD.

Vietnamese Name:

CONG TY TNHH BAO HIEM NHAN THO CATHAY - VIET NAM

Short Name:

CATHAY LIFE

Business ID (TIN):

0305365284

Date of Registration:

21 Nov 2007

Registered Office:

Ministry of Finance

Ownership Status:

FDI

Operation Status:

Active

Contacts

Key Decision Makers:

+ LIN, J.S

+ LEE H.Y

+ ERIC W

+ NGO T.T

+ NGUYEN T.Q

+ WU, C.H

Address:

9th Floor, The World Center Building, No. 46-48-50, Pham Hong Thai Street, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam

Phone:

84-28 / 6255 6393

Fax:

(84-28) 6255 6399

Branch:

5th Floor, Indovina Bank Building, No. 88, Hai Ba Trung Street, Cua Nam Ward, Hoan Kiem District, Ha Noi City, Vietnam

Branch:

6th Floor, No. 130-132, Bach Dang Street, Hai Chau Ward, Hai Chau District, Da Nang City, Vietnam

Branch:

6th Floor, STS Building, No. 11 B, Hoa Binh Avenue, Tan An Ward, Ninh Kieu District, Can Tho City, Vietnam

Branch:

No. 42C, Nguyen Ai Quoc Street, Tan Tien Ward, Bien Hoa City, Dong Nai Province, Vietnam

Branch:

4th Floor, Sacombank, No. 62-64, Ton Duc Thang Street, Le Chan District, Hai Phong City, Vietnam

Branch:

No. 22, Ly Tu Trong Street, Minh Khai Ward, Hong Bang District, Hai Phong City, Vietnam

Branch:

6th Floor, Ca Mau Telecommunications Building, No. 3, Luu Tan Tai Street, Ward 5, Ca Mau City, Ca Mau Province, Vietnam

Branch:

Gold Star Tower, No. 22-24, Hung Vuong Street, Phu Cuong Ward, Thu Dau Mot City, Binh Duong Province, Vietnam

Business Sector

Key business lines:

VSIC:

6511 Life insurance

NACE:

65.11 Life insurance

NAICS:

524113 Direct Life Insurance Carriers

Industry Sales Growth

CAGR (2019 - 2023)

15.19%

YoY (2023)

-12.41%

Companies by industry

Company distribution and propportions

438

0.0151%

Key Industry Players

Top 10 companies in life insurance industry

aia (vietnam) life insurance company limited prudential vietnam assurance private ltd cathay life insurance vietnam co., ltd. chubb life insurance vietnam company limited hanwha life insurance company limited (vietnam) life insurance generali viet nam limited company manulife (vietnam) company limited fwd vietnam life insurance company limited mb ageas life insurance company limited sun life vietnam insurance company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-22.29%
Owner’s Equity	73.25%
Working Capital	-6.99%
Net Worth	4.41%
Sales	61.13%
Operating income	59.19%
EBIT	-71.29%
Gross Profit Margin	-72.75%
Debt to EBITDA	44.77%

📈 📊

Company Reports

Company Profile Report

Legal Profile

Contact and Location

Legal Representative

Shareholders

Business Operation

Assets

Owner's Equity

Sales

Profit

Company Standard Report

Legal Profile

Business Locations

Legal Representative

EBT

EBITDA

Working Capital

Tangible Net Worth

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Comprehensive Report

Report Summary

Legal Profile

Historical Information

Business Locations

Subsidiary and Affiliated Company

Management and Directors

Shareholders

Business Operation

Suppliers

Buyers

Credit Limit

Industry Information

Key Industry Players

Competitors

Negative Payment Records

Banking Information

Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About CATHAY LIFE INSURANCE VIETNAM CO., LTD.

When did CATHAY LIFE INSURANCE VIETNAM CO., LTD. start operating?

CATHAY LIFE INSURANCE VIETNAM CO., LTD. was started in 21 Nov 2007

What industry does CATHAY LIFE INSURANCE VIETNAM CO., LTD. operate in?

CATHAY LIFE INSURANCE VIETNAM CO., LTD. is operating in "Life insurance" industry

How can I contact CATHAY LIFE INSURANCE VIETNAM CO., LTD.?

CATHAY LIFE INSURANCE VIETNAM CO., LTD. phone numbers is 84-28 / 6255 6393

What adverse news is there about CATHAY LIFE INSURANCE VIETNAM CO., LTD.?

CATHAY LIFE INSURANCE VIETNAM CO., LTD.’s has 1 bad news

What is stock symbol of CATHAY LIFE INSURANCE VIETNAM CO., LTD.?

CATHAY LIFE INSURANCE VIETNAM CO., LTD. is not listed company

Where is the location of CATHAY LIFE INSURANCE VIETNAM CO., LTD.?

CATHAY LIFE INSURANCE VIETNAM CO., LTD. is located at 9th Floor, The World Center Building, No. 46-48-50, Pham Hong Thai Street, Ben Thanh Ward, District 1, Ho Chi Minh City, Vietnam

What is CATHAY LIFE INSURANCE VIETNAM CO., LTD.’s business registration?

CATHAY LIFE INSURANCE VIETNAM CO., LTD. business registration is 0305365284

My Order (0)

CATHAY LIFE INSURANCE VIETNAM CO., LTD.