1. AAA Conference | 26 May 2017 Kuala Lumpur, Malaysia Members Report: AEGIS Co.,Ltd

2. AAA Members Report – Vietnam
Country: Vietnam
Name of Member: AEGIS
Membership details (update)
Annual Premium Turnover: USD4,684,391 (excluding fees & large projects) Number of Staff: 29
Location: Vietnam • • •
Countries of Operation: Vietnam, Myanmar
(Laos/ Cambodia)*

3. AAA Members Report – Vietnam
Professional Indemnity Details (update)
Limit of Indemnity: US$ 2 million Legislative Requirements: Yes Insurer: AIG • • •

4. AAA Members Report – Vietnam
Who regulates Insurance Brokers in the country: Ministry Of Finance
What Insurance Broker and Agent Education Programs exists: Chartered Insurance Institute (CII UK)
How many Insurers operate in the country: 46 (29 non-life insurance companies & 17 life
insurance companies)

5. AAA Members Report – Vietnam
Market Conditions
Number of Insurers decreasing, increasing, stable: Stable
Insurance capacity decreasing, increasing, stable: Stable
Premiums decreasing, increasing, stable:
Increasing
Commissions decreasing, increasing, stable:
Average Broker income percentage earned as fees: Increasing • • • • •

6. AAA Members Report – Vietnam
Number of Brokers decreasing, increasing, stable: Stable
Overall level of Insurance Business decreasing, increasing, stable: Stable Percentage of business controlled direct by Brokers: Increasing
Percentage of business controlled direct by insurers: Stable
Percentage of business controlled by other outlets: Stable • • • • •

7. AAA Members Report – Vietnam
Information Technology used by Brokers (including Internet): Global & AEGIS Online CRM + Google Applications for Business

8. AAA Members Report – Vietnam
Political issues at time of report: Medium- High Risks
Economy at time of report: Low growth

9. AAA Members Report – Vietnam
Member’s view of Insurance Broking over the next three years: Good - Excellent
Any major issues to be resolved: Market Professionalism
Member’s principle activities over last year:
Consolidation + Major Projects
Member’s planned activities over the coming year: Consolidation/Expansion + Major Projects