Hanoi Re Honored with a Commendation on Vietnam Insurance Market Day

On the evening of December 18, 2025, in Hanoi, Insurance Association of Vietnam (IAV) held a ceremony to commemorate the 32nd anniversary of Vietnam Insurance Market Day (December 18, 1993 – December 18, 2025) and the 26th anniversary of the establishment of IAV.

The ceremony was attended by Mr. Ngo Viet Trung, Director General of the Insurance Supervision Authority (Ministry of Finance), Representatives of Ministries, Departments, Leaders of IAV, as well as Leaders of member insurance and reinsurance companies.

Within the framework of the event, Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) – an active member of IAV – was honored with a Commendation from the Association, recognizing outstanding business performance in 2024.

The commendation acknowledges Hanoi Re’s persistent efforts, proactive approach and strong sense of responsibility amid a challenging environment for the insurance and reinsurance market, particularly in the face of major natural catastrophe risks in recent years. Hanoi Re has remained committed to its safe and efficient development strategy, maintaining strong financial capacity, fulfilling its obligations to clients and partners, and contributing positively to overall market stability.

The Commendation serves as an additional motivation for Hanoi Re to further strengthen its role as a domestic reinsurance company, continuing to accompany the market, enhance service quality, reinforce risk management, and pursue sustainable development in the period ahead.

Vietnam Insurance Market Day (December 18) marks an important milestone reflecting more than three decades of development of Vietnam’s insurance market, while underscoring the role of state regulatory authorities in improving the legal framework, strengthening supervision, and promoting a market that is safe, transparent and sustainable, in line with international practices. Through its participation in the event, Hanoi Re reaffirmed its commitment to aligning with the policy directions of the Ministry of Finance, complying with regulatory standards, strengthening financial capacity and risk management, and contributing to the healthy and transparent development of Vietnam’s insurance market in the coming period.