Insurance Information

Medical Insurer Directory

A reference guide to major medical insurers operating across South East Asia, including contact details, client portals, and market-by-market presence notes.

Onshore licensed entity Offshore / IPMI

Note: Market data is for general reference. Always verify current licensing status with the relevant regulator. Contact Vennsure for current advice.

Aetna InternationalOffshore / IPMI

Aetna International is the global health division of CVS Health, one of the largest US healthcare companies. Aetna offers comprehensive IPMI and group health plans for internationally mobile employees and MNCs, with a particularly strong reputation in the US-headquartered corporate sector and a well-developed direct billing network across Asia.

Contact & Links

SEA Markets (6)

Singapore: Offshore

Aetna International, operates offshore; Singapore serves as Asia Pacific hub

Thailand: Offshore

Available offshore; primarily for MNCs and US-connected employers

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Onshore Offshore
AIAOnshore

AIA is one of Asia's largest pan-regional life and health insurers with a fully onshore presence across most SEA markets. AIA operates licensed entities in each country and offers both individual and group health plans tailored to local regulatory requirements. AIA is generally considered a premium onshore option.

SEA Markets (6)

Thailand: Onshore

AIA Thailand, fully licensed onshore insurer

Vietnam: Onshore

AIA Vietnam, fully licensed onshore insurer

Malaysia: Onshore

AIA Bhd, fully licensed; one of the largest in market

Onshore Offshore
AllianzOnshore / Offshore

Allianz is one of the world's largest insurers and operates both onshore licensed entities and offshore IPMI products across Southeast Asia. Allianz Care is its dedicated international health arm for expat and mobile populations. Allianz has one of the widest footprints of any insurer in the region.

Contact & Links

SEA Markets (7)

Thailand: Onshore

Allianz Ayudhya, fully licensed onshore; Allianz Care for offshore IPMI

Vietnam: Onshore

Allianz Vietnam, fully licensed; Allianz Care for qualifying offshore plans

Malaysia: Onshore

Allianz Malaysia Bhd, fully licensed

Onshore Offshore
April InternationalOffshore / IPMI

April International is a French-origin specialist in international private medical insurance, serving individuals, families and corporate groups across Asia. April is known for flexible plan design, competitive pricing and a strong service infrastructure in France and Asia, with a growing direct billing network across Southeast Asia.

SEA Markets (7)

Thailand: Offshore

Strong operational presence via Bangkok hub; primary SEA market

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Cambodia: Offshore

Freely available; no restrictions

Onshore Offshore
AXAOnshore / Offshore

AXA is a major global insurer with significant onshore operations in several SEA markets, often through joint ventures or local partnerships. AXA International is its IPMI arm for globally mobile populations. AXA has been divesting some Asia operations in recent years, buyers should confirm current entity status.

Contact & Links

SEA Markets (6)

Thailand: Onshore (JV)

AXA Thailand, formerly JV with Krungthai Bank; now Krungthai-AXA Life

Vietnam: Onshore

AXA Vietnam, licensed onshore; products for local and FDI entities

Malaysia: Onshore

AXA Affin Life (now Generali), note recent acquisition by Generali

Onshore Offshore
Bangkok InsuranceOnshore (Thailand)

Bangkok Insurance PCL (BKI) is a long-established Thai non-life insurer with a diversified portfolio spanning motor, fire, marine and group health and personal accident. BKI is regulated by the OIC and is a mainstream onshore option for Thai-registered employers seeking locally licensed group coverage.

Contact & Links

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai non-life insurer; OIC-regulated, SET-listed

Onshore Offshore
Bao LongOnshore (Vietnam)

Bao Long Insurance Joint Stock Corporation is a Vietnamese non-life insurer specialising in health insurance, personal accident and travel products. Bao Long is well known for its health insurance proposition for individuals and small groups and is regulated by the Ministry of Finance in Vietnam.

Contact & Links

SEA Markets (1)

Vietnam: Onshore

Fully licensed domestic Vietnamese non-life insurer; Ministry of Finance regulated

Onshore Offshore
Bao MinhOnshore (Vietnam)

Bao Minh Insurance Corporation (Bao Minh) is one of Vietnam's largest domestic non-life insurers, with a broad portfolio spanning group health, personal accident, motor and property insurance. Bao Minh is partly state-linked and is regulated by the Ministry of Finance in Vietnam.

Contact & Links

SEA Markets (1)

Vietnam: Onshore

Fully licensed domestic Vietnamese non-life insurer; Ministry of Finance regulated

Onshore Offshore
Bao VietOnshore (Vietnam)

Bao Viet is Vietnam's largest and oldest domestic insurer, wholly state-connected and one of the most widely used group health providers for local Vietnamese companies. Bao Viet operates exclusively onshore in Vietnam and is a primary option for fully locally-owned Vietnamese entities that cannot purchase offshore.

Contact & Links

SEA Markets (1)

Vietnam: Onshore

Fully licensed domestic insurer; state-connected

Onshore Offshore
Bupa GlobalOffshore / IPMI

Bupa Global is a leading international health insurer with strong brand recognition among expat communities in Asia. It offers comprehensive IPMI plans with worldwide coverage and is widely used by international schools, MNCs and NGOs. Primarily operates offshore across most SEA markets.

SEA Markets (6)

Thailand: Offshore

Direct offshore; onshore intermediaries cannot advise

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Singapore: Offshore

Available offshore to international clients

Onshore Offshore
CignaOffshore / IPMI

Cigna is one of the world's largest international private medical insurance (IPMI) providers, offering individual and group health plans across Asia. Known for strong service infrastructure and a broad direct billing network, Cigna operates primarily offshore across Southeast Asia.

SEA Markets (4)

Thailand: Offshore

Direct offshore sales

Vietnam: Offshore

Must meet Decree 46 criteria for FDI entities

Singapore: Onshore

Cigna Singapore, fully licensed

Onshore Offshore
Daiichi LifeOnshore (Japan / SEA)

Daiichi Life is one of Japan's largest life insurers, with a growing international presence across Southeast Asia. In the region, Daiichi Life has established onshore subsidiaries in Vietnam and other SEA markets, offering group life and health products particularly relevant to Japanese-invested companies.

SEA Markets (3)

Vietnam: Onshore

Dai-ichi Life Insurance Vietnam, fully licensed onshore insurer

Thailand: Offshore

No current licensed onshore entity; offshore plans available

Cambodia: Offshore

No current onshore entity; offshore available for international staff

Onshore Offshore
DhipayaOnshore (Thailand)

Dhipaya Insurance Public Company Limited (Dhipaya Group) is a Thai non-life insurer with a meaningful group health, personal accident and motor insurance book. Dhipaya is one of the established mid-tier onshore options for Thai-registered employers seeking locally licensed group coverage, and is regulated by the OIC.

Contact & Links

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai non-life insurer; OIC-regulated

Onshore Offshore
EtiqaOnshore (Malaysia / Singapore)

Etiqa is a leading Malaysian insurer and takaful operator, part of the Maybank Group. It has a strong onshore presence in Malaysia and Singapore, offering group health, life and takaful products. Etiqa is a key option for Malaysian-based employers and SMEs seeking competitive group medical coverage.

SEA Markets (2)

Malaysia: Onshore

Etiqa Insurance & Takaful, fully licensed; part of Maybank Group

Singapore: Onshore

Etiqa Insurance Pte Ltd, fully licensed in Singapore

Onshore Offshore
Expatriate InsuranceOnshore (Thailand)

Expatriate Insurance Co., Ltd. is a Thai non-life insurer established specifically to serve the foreign and expatriate community resident in Thailand. It offers a focused range of group and individual health, personal accident and travel insurance products designed for the resident expat market, regulated by the OIC.

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai non-life insurer; OIC-regulated

Onshore Offshore
Forte InsuranceOnshore (Cambodia)

Forte Insurance is Cambodia's largest and longest-established general insurer, offering group health, personal accident and travel insurance products. Forte is the go-to onshore option for businesses operating in Cambodia, with a well-developed local claims and service network.

Contact & Links

SEA Markets (1)

Cambodia: Onshore

Fully licensed, largest domestic insurer in Cambodia

Onshore Offshore
FWD GroupOnshore / Regional

FWD Group is a fast-growing, pan-Asian life and health insurer founded in 2013 and backed by PCGI (Pacific Century Group). FWD has built a genuine onshore presence across most major SEA markets through locally licensed entities, and offers individual and group health products with a digital-first, customer-centric positioning. FWD is a credible modern alternative to the legacy pan-Asian life insurers for onshore group medical in Thailand, Vietnam, Malaysia and Singapore.

SEA Markets (7)

Thailand: Onshore

FWD Life Insurance and FWD Insurance (Thailand), fully licensed onshore insurers

Vietnam: Onshore

FWD Vietnam, fully licensed onshore insurer

Malaysia: Onshore

FWD Takaful / FWD Life Insurance (Malaysia), fully licensed; includes takaful offering

Onshore Offshore
GeneraliOnshore / Offshore

Generali is one of Italy's largest and oldest insurance groups, with a growing presence in Southeast Asia through a combination of acquisitions and organic growth. Generali has taken on several former AXA and other legacy positions in SEA markets, and offers both onshore group health and offshore IPMI through its Global Corporate & Commercial and Generali Global Health divisions.

Contact & Links

SEA Markets (6)

Malaysia: Onshore

Generali Life Insurance Malaysia, acquired from AXA Affin Life; fully licensed

Thailand: Offshore

Generali Global Health available offshore; no current onshore entity

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Onshore Offshore
HennerOffshore / IPMI

Henner is a French-origin international health insurer with a strong presence in Asia, particularly among French expat communities, NGOs and international organisations. Henner is known for excellent service levels and multi-language support, and operates primarily offshore across Southeast Asia.

Contact & Links

SEA Markets (5)

Vietnam: Offshore

Available to qualifying FDI entities; widely used by NGOs and international schools

Thailand: Offshore

Available offshore; offshore intermediary required

Cambodia: Offshore

Freely available

Onshore Offshore
Hong LeongOnshore (Malaysia)

Hong Leong Assurance Berhad (HLA) is a major Malaysian insurer and a core entity of the Hong Leong Group Malaysia. HLA offers a broad portfolio of life and non-life products including group health and group personal accident, with a strong onshore Malaysian franchise supported by bancassurance distribution.

SEA Markets (1)

Malaysia: Onshore

Hong Leong Assurance and Hong Leong MSIG Takaful, fully licensed; part of Hong Leong Group Malaysia

Onshore Offshore

IMG is a US-based international medical insurer offering a range of IPMI and travel health plans for globally mobile individuals and groups. IMG is widely used by NGOs, missionaries and internationally mobile workforces, and operates exclusively offshore across SEA markets.

SEA Markets (5)

Thailand: Offshore

Available offshore; expat and NGO-focused plans

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Cambodia: Offshore

Freely available; widely used by NGOs

Onshore Offshore
Infinity General InsuranceOnshore (Thailand)

Infinity General Insurance Public Company Limited is a Thai non-life insurer focused on SME and corporate personal accident, group health and travel insurance. Infinity is particularly active in the small- to mid-segment expat and Thai employer market, and is regulated by the OIC.

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai non-life insurer; OIC-regulated

Onshore Offshore
Liberty InsuranceOnshore / Regional

Liberty Insurance is a subsidiary of Liberty Mutual, one of the world's largest insurers. It has an established onshore presence across several SEA markets and is a well-regarded provider of group medical and employee benefits. Liberty is known for competitive pricing on group health plans.

SEA Markets (4)

Singapore: Onshore

Liberty Insurance Pte Ltd, fully licensed

Thailand: Onshore

Liberty Insurance Thailand, fully licensed

Vietnam: Onshore

Liberty Insurance Vietnam, fully licensed

Onshore Offshore
LonpacOnshore (Malaysia)

Lonpac Insurance Berhad is a Malaysian general insurer, the insurance arm of the Public Bank Berhad group. Lonpac offers a range of non-life products including group health and personal accident, and operates fully onshore under Bank Negara Malaysia regulation.

SEA Markets (1)

Malaysia: Onshore

Lonpac Insurance Berhad, fully licensed; part of Public Bank Berhad group

Onshore Offshore
Luma HealthOffshore / IPMI

Luma Health is a specialist international medical insurer focused on Asia, offering flexible and competitive IPMI plans for individuals, families and SME groups. Luma is particularly active in Thailand, Vietnam and the broader SEA expat market, and is known for a digital-first approach and straightforward plan design.

Contact & Links

SEA Markets (4)

Thailand: Offshore

Primary market; strong local partnerships and direct billing network

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Cambodia: Offshore

Freely available; no restrictions

Onshore Offshore
ManulifeOnshore / Regional

Manulife is a major Canadian-origin life and health insurer with significant onshore operations across Southeast Asia. Manulife offers group benefits, employee health plans and life products through locally licensed entities in several SEA markets, and is a strong option for MNCs and larger employers.

SEA Markets (5)

Singapore: Onshore

Manulife Singapore, fully licensed

Vietnam: Onshore

Manulife Vietnam, fully licensed onshore insurer

Malaysia: Onshore

Manulife Insurance Bhd, fully licensed

Onshore Offshore

Military Insurance Company (MIC) is a Vietnamese non-life insurer originally established under the Ministry of National Defence. MIC offers a range of products including group health, personal accident and property cover, with a particular client base among military-linked and state organisations, and is regulated by the Ministry of Finance in Vietnam.

Contact & Links

SEA Markets (1)

Vietnam: Onshore

Fully licensed domestic Vietnamese non-life insurer; Ministry of Finance regulated

Onshore Offshore

Morgan Price International is a UK-based specialist IPMI provider offering international health insurance plans for individuals, families and small to mid-size groups. Morgan Price is known for competitive pricing, straightforward plan design and a strong focus on the expat and globally mobile market across Asia and beyond.

Contact & Links

SEA Markets (6)

Thailand: Offshore

Available offshore; distributed through expat broker network

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Cambodia: Offshore

Freely available; no restrictions

Onshore Offshore
MSH InternationalOffshore / IPMI

MSH International is a French-origin IPMI provider and third-party administrator specialising in expatriate and international group health plans. MSH has a strong presence in Asia among NGOs, French multinationals and international organisations, and operates primarily offshore across SEA markets.

Contact & Links

SEA Markets (5)

Vietnam: Offshore

Available to qualifying FDI entities; widely used by NGOs and French companies

Thailand: Offshore

Available offshore; offshore intermediary required

Cambodia: Offshore

Freely available; no restrictions

Onshore Offshore
MSIGOnshore / Regional

MSIG (Mitsui Sumitomo Insurance Group) is a major Japanese general insurer with a well-established onshore presence across Southeast Asia. MSIG offers group personal accident, group health and general insurance products through locally licensed entities in multiple SEA markets, and is a mainstream choice for Japanese-invested companies in the region.

Contact & Links

SEA Markets (6)

Singapore: Onshore

MSIG Insurance (Singapore) Pte Ltd, fully licensed

Thailand: Onshore

Mitsui Sumitomo Insurance (Thailand), fully licensed

Vietnam: Onshore

MSIG Insurance (Vietnam), fully licensed onshore

Onshore Offshore
Muang Thai InsuranceOnshore (Thailand)

Muang Thai Insurance Public Company Limited is the non-life/general insurance arm historically associated with the Muang Thai group of companies. It offers personal accident, group health and general insurance products for Thai-registered employers, alongside the separately listed Muang Thai Life entity, and is regulated by the OIC.

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai non-life insurer; OIC-regulated

Onshore Offshore
Muang Thai LifeOnshore (Thailand)

Muang Thai Life is one of Thailand's leading domestic life and health insurers, offering a wide range of group medical and individual health products. It is a well-established onshore option for Thai-registered entities and is known for competitive group health pricing in the Thai market.

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai life and health insurer

Onshore Offshore

Now Health International is a specialist IPMI provider offering modular, transparent and competitively priced international health plans for individuals, families and corporate groups. Now Health is fully digital in its approach and has built a strong reputation in Asia for straightforward plan design, excellent digital tools and responsive claims handling.

Contact & Links

SEA Markets (7)

Thailand: Offshore

Available offshore; strong distribution through Thai expat broker network

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Singapore: Offshore

Available offshore to international clients

Onshore Offshore
Pacific CrossOffshore / IPMI

Pacific Cross is a specialist IPMI provider with strong regional roots in Southeast Asia, making it one of the few offshore providers with genuine local knowledge and operational presence in the region. Pacific Cross is widely used by international schools, expat communities and SMEs in Thailand, Vietnam and beyond.

SEA Markets (5)

Thailand: Offshore

Strong local operational presence; offshore plan structure

Vietnam: Offshore / Agency

Operates via insurance agency model in Vietnam

Cambodia: Offshore

Freely available; no restrictions

Onshore Offshore
Phongsavanh (APA)Onshore (Laos)

Phongsavanh Insurance Public Company (APA) is Laos's first and largest private general insurer, established by the Phongsavanh Group. APA offers a range of non-life products including group health and personal accident cover for businesses operating in Laos, and is licensed by the Lao Ministry of Finance.

Contact & Links

SEA Markets (1)

Laos: Onshore

Fully licensed domestic Lao non-life insurer; Lao MoF regulated

Onshore Offshore
PrudentialOnshore / Regional

Prudential is one of Asia's most recognised life and health insurers, with fully licensed onshore entities across all major SEA markets. Prudential offers individual and group health products through extensive agent networks and is a primary choice for onshore group medical in Thailand, Malaysia, Vietnam and beyond.

SEA Markets (7)

Singapore: Onshore

Prudential Singapore, fully licensed

Malaysia: Onshore

Prudential BSN Takaful / Prudential Assurance Malaysia, fully licensed

Thailand: Onshore

Prudential Thailand Life Assurance, fully licensed

Onshore Offshore

PTI is a Vietnamese domestic insurer owned by Vietnam Post. It offers a range of non-life insurance products including group medical cover, and is commonly used by local Vietnamese organisations and SMEs. PTI operates strictly onshore and is regulated by the Ministry of Finance in Vietnam.

Contact & Links

SEA Markets (1)

Vietnam: Onshore

Fully licensed domestic Vietnamese insurer

Onshore Offshore
PVIOnshore (Vietnam)

PVI Insurance Corporation (PVI) is one of Vietnam's largest non-life insurers, originally established by PetroVietnam and now backed by HDI Global, the German insurance arm of Talanx Group. PVI has a strong industrial and commercial book complemented by group health and personal accident products, and operates strictly onshore in Vietnam under Ministry of Finance regulation.

Contact & Links

SEA Markets (1)

Vietnam: Onshore

Fully licensed domestic non-life insurer; HDI/Talanx strategic partner

Onshore Offshore
Sompo InternationalOnshore / Regional

Sompo International is the global specialty insurance and reinsurance arm of Sompo Holdings, one of Japan's largest insurance groups. Sompo has a growing presence in Southeast Asia through onshore licensed entities and is a well-regarded provider of group health, personal accident and general insurance products, particularly for Japanese-invested companies.

Contact & Links

SEA Markets (6)

Singapore: Onshore

Sompo Insurance Singapore Pte Ltd, fully licensed

Thailand: Onshore

Sompo Insurance (Thailand), fully licensed

Vietnam: Onshore

Sompo Insurance Vietnam, fully licensed onshore

Onshore Offshore

UnitedHealth Group's international health division offers group IPMI and managed care solutions for multinational employers with globally mobile workforces. UnitedHealthcare Global is primarily focused on large corporates and MNCs, with significant infrastructure in the Americas and a growing Asia Pacific presence serviced through its Singapore hub.

Contact & Links

SEA Markets (5)

Singapore: Offshore

Asia Pacific hub; services MNC clients across the region

Thailand: Offshore

Available offshore; primarily for large MNCs with US headquarters

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Onshore Offshore
ViriyahOnshore (Thailand)

Viriyah Insurance Public Company Limited is one of Thailand's longest-established and largest non-life insurers, with a market-leading position in personal accident and a substantial group health book. Viriyah serves a wide range of Thai-registered employers and is regulated by the OIC.

Contact & Links

SEA Markets (1)

Thailand: Onshore

Fully licensed domestic Thai non-life insurer; OIC-regulated

Onshore Offshore
William RussellOffshore / IPMI

William Russell is a UK-based specialist international health insurer focused exclusively on expat and internationally mobile populations. It is well regarded for transparent plan design, strong customer service and straightforward claims. William Russell operates offshore across all SEA markets.

SEA Markets (7)

Thailand: Offshore

Available offshore; expat-focused plan structure

Vietnam: Offshore

Available to qualifying FDI entities under Decree 46

Singapore: Offshore

Available offshore to expat clients

Onshore Offshore

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Who Owns Whom, Insurer Relationship Matrix

A structural map of the corporate ties and operating links between international and local health insurers across South East Asia. Use it to tell apart an onshore licensed entity, an offshore IPMI product, and the parent groups that sit above both.

Corporate parent Onshore licensed entity Offshore / IPMI product No operational link
Case A, Simple Fronting Relationship
Luma HealthOffshore / IPMI

International expat insurer, offshore plan structure

Local Fronting Partner
Bao LongOnshore

Vietnamese non-life underwriter, onshore MoF licence

Luma's international plan is locally underwritten and fronted through Bao Long's onshore Vietnamese non-life licence, giving policyholders in-country claims handling and compliance without Luma needing its own Vietnamese insurance licence.

Operational Fronting Partner, PVI × Allianz Care
Allianz CareOffshore / IPMI

Offshore IPMI product, distributed regionally by Allianz

Local Service / Claims
PVI InsuranceOnshore

Onshore Vietnamese non-life insurer, MoF licensed; HDI/Talanx-backed

Allianz Care's offshore IPMI plan uses PVI's onshore non-life licence and hospital network to deliver in-country cashless claims handling and policyholder service in Vietnam. Insurer of record remains Allianz Care offshore; PVI acts as the in-country fronting and service partner rather than underwriting the plan.

Operational Fronting Partner, PVI × April International
April InternationalOffshore / IPMI

Offshore IPMI product, Asia hub in Bangkok

Local Service / Claims
PVI InsuranceOnshore

Onshore Vietnamese non-life insurer, MoF licensed

April International's offshore IPMI plan is locally serviced in Vietnam via PVI, which provides onshore claims handling and the in-country cashless hospital network. The policy is underwritten offshore; PVI's role is operational fronting rather than underwriting the plan itself.

Operational Fronting Partner, PTI × Pacific Cross
Pacific CrossOffshore / IPMI

Offshore IPMI, operates in Vietnam via an insurance agency model

Onshore Fronting / Agency
PTI (Post & Telecom Insurance)Onshore

Vietnamese non-life insurer, owned by Vietnam Post; MoF licensed

Pacific Cross distributes its offshore plan in Vietnam through PTI's onshore licence and agency relationship, giving Vietnamese-resident policyholders in-country claims handling and cashless service through PTI's local hospital network.

Joint Venture, AXA × Bao Minh
AXA GroupEntity

French global insurer, JV partner

Joint Venture
Bao MinhOnshore

Vietnamese state-linked non-life insurer, JV partner

Operates as a single jointly-owned onshore entity
Bao Minh - AXA InsuranceOnshore

Onshore Vietnamese non-life JV, distributes travel, accident and group health

AXA and Bao Minh established Bao Minh - AXA Insurance as an onshore Vietnamese non-life joint venture distributing travel, accident and bundled health products through both parents' networks. The JV is the licensed onshore insurer; both parents contribute capital, capability and distribution.

Case B, Corporate Umbrella: Talanx Group (Ultimate Parent)
Talanx GroupCorporate Parent

Ultimate parent, Germany; listed on Frankfurt Stock Exchange

Subsidiary of
HDI Global SEEntity

International specialty insurance subsidiary of Talanx

Specialist underwriting entity
HDI Global Specialty SEEntity

Underwriting vehicle for specialty lines

Underwrites
Expatriate HealthcareOffshore / IPMI

Offshore IPMI product, distributed regionally, not locally licensed in Vietnam

No Operational Link

PVI and Expatriate Healthcare sit under the same ultimate parent, yet operate as completely separate legal entities with no shared networks, distribution, claims handling, or service relationship in Vietnam.

Controlling stake owned by HDI Global (~25–55%)
PVI Holdings (Vietnam)Onshore

Onshore Vietnamese non-life insurer, MoF regulated, locally licensed

Both entities appear under the Talanx / HDI corporate umbrella for financial lineage, but they are operationally disconnected. PVI operates onshore under a Vietnamese non-life licence; Expatriate Healthcare is an offshore IPMI product underwritten through HDI Global Specialty SE. Buying one does not entitle a customer to the other's network, claims service, or hospital list.

Joint Venture, Bancassurance: VietinBank × Manulife
VietinBankOnshore

Vietnam Bank for Industry & Trade, state-owned commercial bank

Joint Venture (equity)
Manulife FinancialEntity

Canadian life insurer, onshore Vietnamese licence

Operates as a single jointly-owned entity
VietinBank-Manulife Life InsuranceOnshore

Onshore Vietnamese life & health insurer, exclusive bancassurance through VietinBank branches

VietinBank and Manulife formed VietinBank-Manulife Life Insurance as an equity joint venture, a single jointly-owned onshore life insurer that distributes group life and health products principally through VietinBank's branch network.

This matrix is illustrative and based on publicly disclosed corporate structures. Holding percentages, JV terms and licensed entity names change frequently, always confirm current licensing status with the relevant regulator or contact Vennsure for an up-to-date view.