# Hanwha Life Insurance Vietnam

Hanwha Life Insurance Vietnam is an Insurance based in Ho Chi Minh City, Vietnam.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Ho Chi Minh City, Vietnam
- **Region:** Asia
- **Address:** 14th Floor, 81-85 Ham Nghi, District 1, Ho Chi Minh City, Vietnam
- **Founded:** 2008
- **Assets under management:** Undisclosed
- **Website:** hanwhalife.com.vn
- **LinkedIn:** https://www.linkedin.com/company/hanwha-life-vietnam

## Regulatory record

- **Reports private funds:** No

## About

Hanwha Life Vietnam is a life insurance company offering individual and group insurance products, including unit-linked, health, and accident insurance. The firm provides online customer services such as premium payment and claims settlement, and is expanding its nationwide network of customer service points. It also runs community activities and brand campaigns like Hanwha Life Champion Track and Dear 20's.

## Sectors

- Insurance

## Offices

- Hanoi, Vietnam
- Da Nang, Vietnam
- Can Tho, Vietnam

## People

- Hwang Jun Hwan — Chairman and CEO

## Questions

### Who runs investment decisions at Hanwha Life Insurance Vietnam?

Investment decisions for the Vietnam entity are overseen by Chairman and CEO Hwang Jun Hwan, with portfolio allocation guided by the parent company's asset-liability management framework. The majority of invested assets are placed in Vietnamese government bonds and high-grade corporate fixed income to match policyholder liabilities. Strategic equity-linked investments, such as the Vingroup commitment, are executed at the parent level through Hanwha Asset Management rather than directly by the Vietnam subsidiary.

### How is Hanwha Life Insurance Vietnam related to Hanwha Group?

Hanwha Life Insurance Vietnam is a wholly-owned subsidiary of Hanwha Life, which is the life insurance arm of Hanwha Group — a Fortune 500 conglomerate based in Seoul, South Korea. Hanwha Group operates across financial services, aerospace, energy, retail, and construction. The parent insurer held approximately $110 billion in total assets as of year-end 2023, making it one of Korea's largest institutional investors.

### What is the significance of Hanwha's partnership with Vingroup for the Vietnam entity?

In 2021, Hanwha Asset Management committed $400 million to Vingroup, Vietnam's largest private conglomerate with interests in real estate, automotive manufacturing, retail, and healthcare. For the life insurance subsidiary, this partnership creates distribution synergies across Vingroup's residential complexes, shopping malls, and EV customer base. It also signals Hanwha's long-term capital commitment to Vietnam beyond traditional insurance underwriting.

### What distribution channels does Hanwha Life Insurance Vietnam use?

The firm employs a tied agency force alongside bancassurance partnerships with domestic banks. A notable differentiator is its strategic partnership with Pharmacity, a pharmacy chain, which allows the insurer to distribute premium payment services and health-linked insurance products through Pharmacity's retail locations — an unusual distribution vector in Vietnam's insurance market.

## Related profiles

- [Hanwha Life Insurance](https://altss.com/profile/hanwha-life-insurance)
- [Hanyang ENG](https://altss.com/profile/hanyang-eng)

---

Last updated: 2026-07-11T01:49:14.000Z

Canonical page: https://altss.com/profile/hanwha-life-insurance-vietnam

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology