american international group vietnam

Name

american international group vietnam

Legal name

Công Ty TNHH Bảo Hiểm AIG Việt Nam (AIG Vietnam Insurance Company Limited)

Website

https://aig.com.vn

Company type

Public

Founded year

2005

Operating status

Operating

Ownership category

akta.pro rank

Product category

Non-life (Property & Casualty) Insurance

NAICS

Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers (5241)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Marine & Aviation Insurance (FSAJAMAI)

Keywords

• Non-life insurance
• Commercial property insurance
• Marine cargo insurance
• Trade credit insurance
• Energy insurance

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Non-life (Property & Casualty) Insurance Premiums: AIG Vietnam generates revenue primarily through non-life insurance premiums. The company offers a broad portfolio including travel, personal accident, commercial property, marine, energy, financial lines, trade credit, and liability insurance. Premiums can be fixed or adjusted based on sales volume. The company is a 100% American-owned non-life insurance company operating in Vietnam.
2. Insurance Distribution (Broker/Agent Commissions): AIG Vietnam distributes insurance through intermediaries (brokers and agents) who receive commissions (fixed amounts or percentage of premiums) and potential contingent payments based on sales performance.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

AIG Vietnam is a 100% American-owned non-life (property and casualty) insurance company offering a diversified portfolio of personal and commercial insurance products in Vietnam. Personal lines include international travel and personal accident insurance, while commercial lines span marine cargo, energy, commercial property, terrorism, liability, financial lines (D&O, K&R, M&A W&I, Professional Indemnity), and trade credit insurance. The company also delivers the MIV Protect export insurance solution for Vietnamese exporters and operates proprietary digital platforms (myAIG agent portal and eMarine) to support distribution and self-service policy issuance.

Product overview

AIG Vietnam is a 100% American-owned non-life insurance company offering a diversified portfolio of personal and commercial insurance products. Personal insurance includes travel and accident coverage. Commercial insurance spans marine cargo (with the proprietary eMarine online platform for self-issuance of certificates), energy, commercial property, terrorism, liability (workers' compensation, employers' liability, public/product/environmental liability), financial insurance (K&R, M&A W&I, D&O under Dragonshield and Private Edge brands, Professional Indemnity, SPPI), trade credit (domestic, export, and multinational programs), and the MIV Protect export insurance solution. Supporting services include claims handling and loss prevention/risk engineering (with capacity up to $1.5 billion per loss). Distribution is supported via the myAIG agent portal (quoting, payment, issuance, training, and claims tracking) and an electronic invoice lookup system. Operations are headquartered in Hanoi and Ho Chi Minh City. The company was established in 2005 under Operating License No. 35GP/KDBH.

Differentiator

Problem solved

Functional benefit

Products and services

• Travel Insurance (Bảo Hiểm Du Lịch) International travel insurance covering medical emergencies, trip cancellations, flight delays, lost baggage, and travel-related incidents for travelers from Vietnam. AIG Vietnam is recognized as a market leader in international travel insurance in Vietnam.
• Personal Accident Insurance (Bảo Hiểm Tai Nạn) Personal accident insurance providing coverage for injuries and related expenses for individual policyholders in Vietnam.
• Marine Cargo Insurance (Bảo Hiểm Hàng Hải) Marine cargo and shipping insurance covering goods in transit domestically and internationally via sea, air, and land transportation.
• Energy Insurance (Bảo Hiểm Năng Lượng) Specialized insurance for oil, gas, petrochemical, chemical, and pharmaceutical industries, covering physical damage, business interruption, and industry-specific risks. Backed by AIG's 30+ years of global energy sector experience.
• Commercial Property Insurance (Bảo Hiểm Tài Sản Thương Mại) Commercial property insurance with AIG underwriting capacity up to US$1.5 billion per loss and significant catastrophe capacity across various asset classes globally.
• Terrorism Insurance (Bảo Hiểm Khủng Bố) Insurance covering sabotage, terrorism, civil commotion, riots, uprising, and coups (excluding war and civil war) for multinational companies operating in territories where these risks are typically excluded from standard insurance programs.
• Liability Insurance (Bảo Hiểm Trách Nhiệm) Comprehensive liability insurance products including workers' compensation, employers' liability, public liability, product liability, environmental liability, and contaminated products insurance.
• Financial Lines Insurance (Bảo Hiểm Tài Chính) Financial lines insurance products including Kidnap & Ransom (K&R), Mergers & Acquisitions Warranty & Indemnity (W&I), Anti-Fraud, Directors & Officers (D&O) under the Dragonshield and Private Edge brands, Financial Institution Liability, Professional Indemnity (PI), and Project-Specific Professional Indemnity (SPPI).
• Trade Credit Insurance (Bảo Hiểm Tín Dụng Thương Mại) Trade credit insurance protecting accounts receivable from buyer insolvency, protracted default, or political risks preventing payment for domestic and export sales.
• Multinational Credit Insurance (Bảo Hiểm Tín Dụng Đa Quốc Gia) Global credit insurance program providing coverage under a Controlled Master Program (CMP) for multinational corporations' accounts receivable against insolvency, default, or currency transfer risks.
• Bank & Financial Institution Credit Insurance Credit insurance for banks and financial institutions providing non-recourse financing based on export or domestic receivables.
• MIV Protect (Made in Vietnam Protect) Comprehensive export insurance solution designed to support Vietnamese businesses in managing operational risks throughout the export journey to the United States and Europe.
• Loss Prevention Services (Dịch Vụ Phòng Ngừa Tổn Thất) Risk management and loss prevention services including on-site inspections, risk assessments, catastrophe risk evaluation, and Highly Protected Risk (HPR) assessments, supported by underwriting capacity of up to US$1.5 billion per loss.
• eMarine Platform Vietnam's first online marine cargo insurance platform, enabling customers to self-issue insurance certificates and declare insured goods online through a secure network, providing complete control of marine cargo insurance needs with reduced paperwork and operational costs.
• myAIG Agent Portal Online agent portal providing quote systems, payment processing, contract issuance, training schedules, contract management tools, claims tracking, and latest updates for insurance agents and brokers in Vietnam.
• Electronic Invoice Lookup Service Electronic invoice lookup and management system allowing customers to search invoices by code, compliant with Vietnamese government regulations (Decree 119/2018/ND-CP and Circular 68/2019/TT-BTC), with conversion invoice capabilities.

Quantifiable outcome

• First 100% American-owned non-life insurance company licensed in Vietnam (since 2005)
• +3 more outcomes

Named customers1 record

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature2 records

Partnerships

One partnership is on record.

• NSF InternationalminorImplementation/ SI/ Consulting PartnerNSF International is listed as a risk consulting advisor for AIG Vietnam's Contaminated Products Insurance and Product Recall Insurance offerings. NSF International provides risk consulting specifically for first-party contaminated products insurance and product recall insurance, supporting AIG Vietnam's risk management service capabilities.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Samsung Vina Insurance: Foreign-affiliated non-life insurer in Vietnam. Comparable to AIG Vietnam as a foreign-backed P&C player in the Vietnamese market, though typically smaller in scale and more focused on captive/FDI-linked business.

Direct peers

• Bảo Việt Holdings: Vietnam's largest insurance group offering both life and non-life insurance, plus financial services. Directly comparable to AIG Vietnam as the leading broad-line P&C competitor with dominant domestic market share and a wide agency/broker network across Vietnam.
• Bảo Hiểm Bưu Điện (PTI): Vietnamese non-life insurer affiliated with VNPost, offering broad P&C coverage through a wide postal-distributed network. Comparable to AIG Vietnam in the Vietnamese non-life market, particularly in distribution-led segments.
• PVI Insurance: One of the largest non-life insurers in Vietnam, with strong presence in energy, engineering, and corporate risks. Directly comparable to AIG Vietnam in serving enterprise and industrial clients with multi-line P&C coverage in the Vietnamese market.
• Bảo Minh Insurance: Major Vietnamese non-life insurer offering property, marine, motor, and liability insurance. Comparable to AIG Vietnam as a domestic multi-line P&C competitor operating through agents and brokers across Vietnam.
• MSIG Vietnam: Japanese-owned non-life insurer offering P&C coverage including marine, motor, property, and engineering. Comparable to AIG Vietnam as a foreign-affiliated insurer with similar product breadth serving Vietnamese enterprise clients.
• Liberty Insurance Vietnam: Foreign-owned non-life insurer in Vietnam backed by Liberty Mutual. Comparable to AIG Vietnam as an internationally-affiliated P&C competitor targeting corporate and SME clients in the same Vietnamese market.
• AXA Insurance Vietnam: Vietnamese subsidiary of global insurer AXA, providing non-life and health insurance products. Comparable to AIG Vietnam as an internationally-affiliated competitor offering P&C and specialty coverage to Vietnamese corporate and individual clients.
• Chubb Insurance Vietnam: Subsidiary of global insurer Chubb, offering P&C and accident & health products in Vietnam. Directly comparable to AIG Vietnam in leveraging a global insurance group's brand, capacity, and product suite for Vietnamese enterprise clients.
• Allianz Insurance Vietnam: Vietnamese subsidiary of global insurer Allianz, providing P&C coverage including motor, property, and engineering. Comparable to AIG Vietnam as a foreign global insurer competing for corporate and specialty business in Vietnam.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xtwitter.com/AIGinsurance
• YouTubeyoutube.com/aig
• Facebookfacebook.com/AIGInsurance
• LinkedInlinkedin.com/company/aig
• Instagraminstagram.com/aiginsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

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 american international group vietnam