News about life insurance

Techcom Life, licensed in July 2025 and operating nationwide since January 2026, entered the top five life insurers by new business revenue in Q3 and completed a charter capital increase from VND 1,900 billion to VND 4,300 billion, a rise of about 126%. Its Q3 new business revenue reached about VND 652 billion, up 22% from the previous quarter, while industry-wide life insurance new business fell about 9% year on year. The company leads the bancassurance channel and has built the iProtek, Tori and LUMOS Engine platforms; its OnePass fast-underwriting feature now covers nearly 38% of insurance applications. One Mount Group joined as a strategic shareholder for technology and data, and the additional capital is intended for technology, product innovation and distribution expansion.