Information

This barrier is unrelated to the end of the transition period, following the United Kingdom's departure from the EU.

Public ID: PID-9J5EW9

Limits on overseas reinsurance companies in Vietnam

in Vietnam

Trade barrier summary

Where an insured risk is ceded, at the request of the person or organisation covered by the insurance, local insurers can only reinsure up to 90% of its total insurance liability with overseas reinsurers. This limits the support UK reinsurers can provide to Vietnamese businesses and the wider economy.

Sectors affected

  • Financial and professional services

Resolved

No

Date reported

30 August 2019

Last updated

17 December 2020

Public ID

PID-9J5EW9

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