Bảo hiểm phi nhân thọ Bảo Việt Việt Nam
Bao Viet Insurance
Bao Viet Insurance
Vietnam's first and largest non-life insurer by revenue and market share — nearly 60 years in business, 79 member companies, 800+ regional offices and 90 products, part of Bao Viet Holdings Group.
Every insurer in this directory is reviewed on an ongoing basis by our advisory board against 5 professional criteria — Reliability, Benefits Value, Flexibility, Pricing, and Admin & Claims. Insurers are re-rated as regulations, reinsurance backing, and claims behaviour change, so what you see here reflects our current standing recommendation, not a one-time listing.
No single insurer fits every risk
We represent more than 25 insurers precisely because medical, vehicle, home, factory/office, and professional liability cover each reward a different kind of underwriter. An insurer we rate highly for expat medical cover may not be who we'd recommend for a factory property policy. This profile tells you what Bao Viet is — and isn't — the right fit for.
How Bao Viet scores on our 5 criteria
Scored out of 5 on each criterion. See the full methodology for how we assess reliability, benefits, flexibility, pricing and claims handling across all partner insurers.
Reliability
Vietnam's oldest and largest non-life insurer by revenue and branch network, but its client-facing infrastructure for English-speaking or expat clients is underdeveloped — its own "English" site defaults heavily to Vietnamese content, and we could not independently verify an international financial strength rating.
Benefits Value
90 products across individual and enterprise lines is genuinely broad, though individual product literature aimed at expats or English-speaking clients is limited compared to insurers built specifically for that audience.
Flexibility
A wide branch and product network (79 member companies, 800+ regional offices) gives reach across Vietnam, though most products are locally standardised rather than internationally customisable.
Pricing
As Vietnam's largest-scale non-life insurer, Bao Viet is generally competitively priced against both local and foreign insurers operating in the market.
Admin & Claims
A national toll-free hotline (1900 5588 99) and heavy investment in digital claims and policy management infrastructure, though claims support for English-speaking or foreign clients specifically is not clearly documented.
Nearly 60 years as Vietnam's largest non-life insurer
Bao Viet Insurance was established in 1965 as Vietnam's first non-life insurance company, and has held the top position in the market by revenue and market share ever since. It now operates through 79 member companies, more than 3,000 staff, and over 800 regional insurance offices nationwide, offering around 90 products spanning individual and enterprise lines. Bao Viet Insurance is the non-life insurance arm of Bao Viet Holdings Group, which also runs Vietnam's largest life insurer, a bank, a securities firm and a fund management arm — giving the group significant scale and diversification within Vietnam.
Bao Viet has invested heavily in digital transformation — online policy lookup, digital claims processing and app-based services (BAOVIET Direct, BAOVIET Smart) — aimed primarily at its large domestic customer base. Its English-language web presence is noticeably less developed than its Vietnamese site, which is worth factoring in if English-language policy documentation or support matters to you.
Regulation & financial backing
- Headquartered at No. 7 Ly Thuong Kiet, Hoan Kiem District, Hanoi; charter capital of 2,900 billion VND.
- Part of Bao Viet Holdings Group, a diversified, Vietnam-listed financial group spanning non-life insurance, life insurance, banking, securities and fund management.
- We could not independently verify an international financial strength rating (e.g. AM Best, S&P) for Bao Viet Insurance from publicly available English-language sources — a point to confirm directly if that matters for your decision.
Who we recommend Bao Viet for
Ideal client profile
Vietnamese individuals and businesses wanting broad, competitively priced local cover from the market's largest and longest-established insurer, backed by the widest branch network in the country. Also viable for foreign residents and businesses comfortable navigating a primarily Vietnamese-language service experience. Less suited to expats or internationally mobile clients who specifically need English-language policy documents, international claims support, or an insurer with a verifiable international financial strength rating — several other partners on this directory are built specifically for that audience.
Bao Viet An Gia
A comprehensive personal package combining financial protection and health cover against a range of risks.
Combined Personal Insurance
Bundled accident and health-style protection for individuals — Bao Viet's closest product to life & accident cover.
Car Insurance / Civil Liability
Motor vehicle insurance including compulsory civil liability cover for car owners.
International Travel Insurance
Cover for trips abroad, sold alongside Bao Viet's domestic personal insurance range.
Golfer Insurance
A specialty personal accident and liability product for golf players — an unusual niche offering for the market.
Cargo & Engineering Insurance
Cargo insurance and engineering/construction project cover for businesses.
Property & Casualty Insurance
Property damage and casualty cover for business premises, factories and offices.
Credit & Financial Risk Insurance
Cover against credit default and mixed financial risks for corporate clients.
Common questions about Bao Viet
Sourced and paraphrased from Bao Viet's own site — answered here in the context of clients based in Vietnam, with the site's Vietnamese-language default noted where relevant.
Is Bao Viet's website and service available in English?
Only partially. Bao Viet publishes an "/en/" version of its corporate site, but much of the actual content — including its own non-life insurance overview page — is still in Vietnamese. Expect to need Vietnamese-language support, or a bilingual advisor, for most policy details.
Is Bao Viet a state-owned company?
Bao Viet Holdings is a Vietnam-listed group; it has historical roots as a state enterprise and the State remains a significant shareholder through SCIC, alongside other institutional investors — it is not a fully private, internationally-owned insurer like several other partners on this directory.
Does Bao Viet sell health insurance for expats?
Not as a dedicated international expat health product. Its closest offering is Bao Viet An Gia and Combined Personal Insurance, which bundle financial protection and health-style cover for the domestic market rather than a portable international health plan.
How do I make a claim?
Through Bao Viet's national hotline (1900 5588 99) or one of its 800+ regional insurance offices — claims and policy management are also increasingly handled through its BAOVIET Direct and BAOVIET Smart apps.
Why would I choose Bao Viet over a foreign insurer on this directory?
Scale, price and local reach — Bao Viet's branch network and market position mean broad availability and competitive pricing across Vietnam. The trade-off is a more Vietnamese-language-first service experience and less transparent international financial backing than the foreign insurers profiled elsewhere on this site.
Can Bao Viet insure a business as well as an individual?
Yes — its enterprise range covers cargo, engineering, property & casualty, and credit & financial risk insurance, alongside its individual product range.
Reach Bao Viet or your advisor
Bao Viet's contact channels are built primarily for the domestic Vietnamese market — if you need English-language support, we'd recommend routing through your InsuranceinAsia advisor rather than contacting Bao Viet directly.
