Canadian insurance company increases charter capital in Vietnam

DNVN - Sun Life Vietnam Life Insurance Company Limited has been officially approved by the Ministry of Finance to increase its charter capital from VND 17,944 billion to VND 18,434 billion, according to Adjustment License No. 68/GPDC15/KDBH.

This capital increase is part of Sun Life’s long-term and sustainable growth strategy in Vietnam, with the goal of continuously improving financial capacity, expanding operations and optimizing customer experience. With this additional capital, Sun Life Vietnam continues to consolidate its position as one of the insurance companies with the leading charter capital in the market.

Sun Life Vietnam continues to strengthen its position as one of the insurance companies with leading charter capital in the market.

The strong growth in terms of operational scale, number of customers as well as business network and service centers in recent times is a testament to the long-term commitment and comprehensive investment strategy of Sun Life Canada Group in the Vietnamese market.

Sun Life Vietnam is a member of Sun Life Canada Group - one of the leading international financial services organizations, headquartered in Toronto, Canada. The Group provides comprehensive financial solutions, including insurance and wealth management for individual and corporate clients in many key markets around the world such as Canada, the United States, the United Kingdom, Hong Kong, Japan, the Philippines, Indonesia, India, China, Singapore, Australia, Malaysia, Bermuda and Vietnam. As of March 31, 2025, the total assets under management of the Group reached 1,130 billion USD.

The effort to improve financial capacity not only demonstrates the Group's strategic vision in Vietnam, but also affirms its commitment to providing sustainable, safe and flexible insurance and financial solutions to the Vietnamese people in their journey to protect and build the future.

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Source: https://doanhnghiepvn.vn/kinh-te/tai-chinh-ngan-hang/doanh-nghiep-bao-hiem-canada-tang-von-dieu-le-tai-viet-nam/20250527112753050