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Developing the Non-life Insurance Market in the Context of the Fourth Industrial Revolution: International Experiences and Lessons for Vietnam

Year: 2025

Type: article

Abstract: A robust insurance sector is essential for the proper functioning of the economy, as it plays a significant role in fostering economic growth and ensuring financial stability. This study examines the experiences of several developed countries in the development of the non-life insurance market, including the United States, South Korea, and Japan. It also reviews the current state of the non-life insurance market in Vietnam from 2018 to 2022. Based on the research findings, the study proposes policy groups aimed at developing the non-life insurance market in the context of the Fourth Industrial Revolution.

Source: International Journal of Economics Business and Management Research

DOI: 10.51505/ijebmr.2025.9414

Authors: Nguyen Hong Hoang Nam, Ngo Thang Loi

Language: English

Topic: Insurance and Financial Risk Management

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: bronze

OpenAlex ID: W4410414156

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Related to: 10