Dai-ichi Life Vietnam

What Dai-ichi Life Vietnam does

Dai-ichi Life Vietnam (legal name: Công ty TNHH Bảo hiểm Nhân thọ Dai-ichi Việt Nam) is a private Vietnamese life insurance company incorporated in Ho Chi Minh City and operating as a wholly-owned subsidiary of Daiichi Life Holdings (Japan), one of Japan's largest life insurers. Founded in 2007, the company has accumulated 19 years of operating history, employs between 1,001 and 5,000 staff, and serves more than 5.2 million customers and families across Vietnam, with cumulative insurance benefits paid reaching 29,800 billion VND as of January 2026. In 2025 it was ranked the #1 foreign life insurer in Vietnam by premium revenue and among the Top 3 most reputable life insurance companies in the country.

The company offers a full-stack life and health insurance portfolio organized into two main pillars: 'Safety and Financial Savings' (unit-linked An Phát Đầu Tư Thịnh Vượng; traditional participating An Tâm Song Hành Thịnh Vượng, An Lộc Tích Lũy Thịnh Vượng, An Phúc Hưng Thịnh; voluntary pension Hưng Nghiệp Hưu Trí and An Nhàn Hưu Trí) and 'Protection and Health Care' (term life Vững Bước Vươn Xa; whole-life Đại Gia An Phúc; health, maternity, critical-illness, accident, hospital-income, and premium-waiver riders). Underlying the unit-linked offering are eight proprietary investment funds managed by wholly-owned subsidiary Dai-ichi Life Vietnam Fund Management (DFVN): Balanced, Growth, Development, Capital Preservation, Prosperity, Guaranteed, Leading (large-cap), and Dynamic Financial. Distribution operates through a hybrid model combining a nationwide MDRT-qualified agency force and physical branch network with digital self-service via Dai-ichi Connect (customer portal), D-Success (advisor portal), AD-Portal (agent portal), iTrust (fund transparency), and an e-commerce purchase platform (e.dai-ichi-life.com.vn).

Revenue is generated primarily through recurring life insurance premiums across protection, savings, and unit-linked products, supplemented by investment management fees earned by DFVN on the unit-linked and pension fund books. Pricing is structured by product: traditional participating products carry committed declared rates (e.g., 5%/year for the first 10 years on An Phúc Hưng Thịnh; 3–5% stepped rates on variants); unit-linked returns float with NAVs of the underlying funds (e.g., Quỹ Cân Bằng at 10,052.58 VND and Quỹ Tăng Trưởng at 26,447.09 VND as of June 2026); and protection products are billed annually with coverage amounts scaled to sum insured and rider multipliers. No revenue figures are publicly disclosed.

Name

Dai-ichi Life Vietnam

Legal name

Công ty TNHH Bảo hiểm Nhân thọ Dai-ichi Việt Nam

Website

https://dai-ichi-life.com.vn

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Dai-ichi Life Vietnam is a Hanoi/Ho Chi Minh City-headquartered life and health insurer and wholly-owned subsidiary of Japan's Daiichi Life Holdings. Founded in 2007, it serves over 5.2 million individual, family, and corporate customers in Vietnam with life, health, unit-linked investment, and pension products distributed through an agency network and digital portals.

Ownership category

akta.pro rank

Product category

Life Insurance

NAICS

Direct Life Insurance Carriers (524113), Direct Life, Health, and Medical Insurance Carriers (52411), Direct Health and Medical Insurance Carriers (524114)

SIC

Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Participating (Dividend) Whole Life Insurance (FSAIABAI)

akta.pro secondary industries

Level Term Life Insurance (FSAIAAAA), Whole Life Insurance (FSAIABAA), Group Term Life Insurance (FSAIAAAJ)

Keywords

• Life insurance products
• Investment-linked insurance
• Voluntary pension funds
• Critical illness coverage
• Employee benefits solutions

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure, Supply Chain

Revenue model

1. Life Insurance Premiums: The company generates revenue primarily through life insurance premiums collected from policyholders. Products include term life, whole life, investment-linked, health insurance, and pension products with various payment frequencies (annual, single premium, recurring).
2. Investment Management Fees: Fees earned from managing unit-linked investment funds and voluntary pension funds, including fund management charges and allocation fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Dai-ichi Life Vietnam is a licensed life insurance company that sells term life, whole life, unit-linked investment-linked, savings, pension, and group employee benefit insurance products to individuals, families, and corporate clients across Vietnam. The company collects recurring premiums, manages eight unit-linked investment funds and voluntary pension funds, and pays out claims and benefits through a network of agents, branch offices, and digital self-service platforms including its Dai-ichi Connect customer portal, D-Success advisor platform, AD-Portal, and the e.dai-ichi-life.com.vn online purchasing site.

Product overview

Dai-ichi Life Vietnam operates as a life insurance company offering a comprehensive portfolio of products organized across three main categories: (1) Safety and Financial Savings products including unit-linked (An Phát Đầu Tư Thịnh Vượng), traditional participating (An Tâm Song Hành Thịnh Vượng, An Lộc Tích Lũy Thịnh Vượng, An Phúc Hưng Thịnh), and pension solutions (Hưng Nghiệp Hưu Trí, An Nhàn Hưu Trí); (2) Protection and Health Care products including term life (Vững Bước Vươn Xa), whole life (Đại Gia An Phúc), and health riders (Chăm Sóc Sức Khoẻ Toàn Cầu 24/7, Chăm Sóc Thai Sản Toàn Diện 24/7, Hỗ Trợ Viện Phí, Chăm Sóc Điều Trị Bệnh Hiểm Nghèo 24/7, Chăm Sóc Điều Trị Sau Tai Nạn 24/7, Hỗ Trợ Duy Trì Đóng Phí); and (3) Employee Benefits solutions (An Phát Đầu Tư Thịnh Vượng and An Tâm Song Hành Thịnh Vượng). The company also manages eight unit-linked investment funds (Quỹ Cân Bằng, Quỹ Tăng Trưởng, Quỹ Phát Triển, Quỹ Bảo Toàn, Quỹ Thịnh Vượng, Quỹ Đảm Bảo, Quỹ Dẫn Đầu, Quỹ Tài Chính Năng Động) for policyholders seeking investment flexibility.

Differentiator

Problem solved

Functional benefit

Brands

• Dai-ichi Connect: Customer portal platform for policyholders to manage their insurance policies, make payments, and access services
• Dai-ichi Success
• AD-Portal
• iTrust

Products and services

• Vững Bước Vươn Xa (Term Life Insurance) Annual premium term life insurance providing life protection coverage until age 75, with a simple design and reasonable cost structure targeting individual and family policyholders seeking affordable pure life cover.
• Vững Bước Vươn Xa - Phí Đơn Kỳ (Single Premium Term Life) Single premium payment term life insurance providing protection coverage for 2 to 5 years, designed for customers who prefer a one-time lump-sum premium rather than annual recurring payments.
• An Phát Đầu Tư Thịnh Vượng (Unit-Linked Investment Life Insurance) Investment-linked life insurance product allowing flexible investment choices across eight distinct unit-linked funds with varying risk-return profiles (Balanced, Growth, Development, Capital Preservation, Prosperity, Guaranteed, Leading, Dynamic Financial), with customizable protection levels and companion protection for family members. Also deployed as a corporate employee benefit.
• An Tâm Song Hành Thịnh Vượng (Traditional Participating Life Insurance) Traditional participating life insurance combining comprehensive protection, savings accumulation, and proactive financial planning for individual customers; also offered as a corporate employee benefit package.
• An Lộc Tích Lũy Thịnh Vượng (Savings Life Insurance) Life insurance product with a savings accumulation emphasis, providing prosperity benefits to individual policyholders seeking long-term wealth building combined with life coverage.
• An Phúc Hưng Thịnh (Savings/Investment Life Insurance) Traditional participating savings and investment life insurance offering a declared interest rate of 5.10% per year and a committed rate of 5% per year for the first 10 years (3% thereafter), targeting individual customers seeking guaranteed returns combined with life protection.
• Đại Gia An Phúc (Comprehensive Life Insurance) Comprehensive life insurance product providing extensive coverage and benefits for policyholders, positioned within the Protection and Health Care portfolio for individual customers seeking broad life protection.
• Hưng Nghiệp Hưu Trí (Voluntary Pension Fund) Voluntary pension fund providing committed interest of 5% per year for the first 10 years and 3% per year thereafter, designed for individuals building retirement income and savings for their post-working years.
• An Nhàn Hưu Trí (Voluntary Pension Fund) Voluntary pension fund product designed to deliver comfortable retirement planning for individuals, complementing the Hưng Nghiệp Hưu Trí offering within the company's pension portfolio.

Quantifiable outcome

• Over 5.2 million customers and families served since inception
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• Dai-ichi Life Vietnam Fund Management (DFVN)coreStrategic or Co-development PartnerSubsidiary company specializing in fund management services for unit-linked insurance products and voluntary pension funds. Manages investment funds including Quỹ Cân Bằng, Quỹ Tăng Trưởng, Quỹ Phát Triển, Quỹ Bảo Toàn, Quỹ Thịnh Vượng, Quỹ Đảm Bảo, Quỹ Dẫn Đầu, and Quỹ Tài Chính Năng Động.
• Japanese Financial PartnerscoreTechnology or IntegrationSupport from Japanese financial technology partners enabling access to fund management expertise, investment strategies, and financial planning methodologies from Japan's mature insurance market.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Prudential Vietnam: Foreign-owned life insurer operating nationwide in Vietnam with protection, savings, unit-linked and health products—competes head-to-head with Dai-ichi for the same customer base.
• Manulife Vietnam: Major foreign life insurer in Vietnam offering life, health, and investment-linked products through agents and bancassurance, directly rivaling Dai-ichi.
• AIA Vietnam: Leading foreign life insurer in Vietnam with a similar protection/savings/unit-linked portfolio and agency-led distribution.
• Bao Viet Life: Largest domestic Vietnamese life insurer competing across the same product lines and customer segments in the same market.
• Chubb Life Vietnam: Foreign life insurer active in Vietnam offering comparable life and savings products via agency distribution.
• Sun Life Vietnam: Foreign life insurer providing life, savings, and retirement products in Vietnam, competing in the same category.
• Generali Vietnam: Italian-owned life insurer operating in Vietnam with protection and investment-linked offerings similar to Dai-ichi's.
• FWD Vietnam: Digital-forward foreign life insurer in Vietnam offering life and health products, competing on the same market with a digital emphasis.
• Hanwha Life Vietnam: Korean-owned foreign life insurer in Vietnam with a comparable Asian-parent-backed model and life/savings product suite.

Regional players

• MB Ageas Life: Bancassurance-focused domestic life insurer in Vietnam offering life and savings products, overlapping with Dai-ichi's market but via a bank-led distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dai-ichi Life Vietnam