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The signing ceremony took place on the sidelines of the World Economic Forum in Davos and was attended by Prime Minister of Vietnam Nguyen Xuan Phuc, Allianz SE board member Sergio Balbinot and FPT's founder and executive chairman Dr. Truong Gia Binh. (Photo: Shutterstock) The signing ceremony took place on the sidelines of the World Economic Forum in Davos and was attended by Vietnam’s Prime Minister Nguyen Xuan Phuc, Allianz SE board member Sergio Balbinot and FPT’s founder and executive chairman Dr. Truong Gia Binh. (Photo: Shutterstock)

Allianz intends to enter the general insurance sector in Vietnam through a digital joint venture to be set up with the FPT Group. To expand Allianz’s footprint in Asia, FPT Group will support Allianz to develop digital insurance products and services to meet the protection needs of local customers.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at djacob@alm.com.

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