Development Policy for the Non-Life Insurance Market in Vietnam in the Context of Industry 4.0

The development of the non-life insurance market is vital for supporting capital market growth and investment, as well as for enhancing economic stability and development. This study assesses the current state of policies for developing the non-life insurance market in Vietnam in the context of Industry 4.0. The research specifically focuses on evaluating these policies across several dimensions: entry policies for the non-life insurance sector, policies for the provision of non-life insurance products, financial policies for non-life insurance companies, policies for supervising non-life insurance business activities, and policies for protecting non-life insurance participants. By identifying the strengths and weaknesses of these development policies within the industry 4.0 context, the study proposes several solutions to enhance policy effectiveness and promote the development of the non-life insurance market in Vietnam.