Generali granted Vietnamese licence
Generali is to begin operating in Vietnam after the Vietnamese Ministry of Finance granted Generali Group managing director Sergio Balbinot a licence to run life insurance operations in Asia’s second fastest growing economy.
The new company, Generali Vietnam Life Insurance Company, is wholly owned by Generali and headquartered in Ho Chi Minh City, where a representative office opened at the end of 2009.
In 2010 the
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