Developing the Non-life Insurance Market in the Context of the Fourth Industrial Revolution: International Experiences and Lessons for Vietnam

A robust insurance sector is essential for the proper functioning of the economy, as it plays a significant role in fostering economic growth and ensuring financial stability. This study examines the experiences of several developed countries in the development of the non-life insurance market, including the United States, South Korea, and Japan. It also reviews the current state of the non-life insurance market in Vietnam from 2018 to 2022. Based on the research findings, the study proposes policy groups aimed at developing the non-life insurance market in the context of the Fourth Industrial Revolution.