Insurance segment sits in good stead 14:00 | 05/02/2021 Experts predict healthy figures for life and non-life insurance segments this year, photo Le Toan Military Insurance Corporation last week officially re-listed 130 million shares on the Ho Chi Minh City Stock Exchange, switching from the Unlisted Public Company Market, with a reference price of around VND15,500 (67 US cents). Other insurers are also going public or working with foreigners. For instance, Petrolimex Insurance JSC â a subsidiary of Petrolimex â has confirmed to raise its foreign cap from 49 per cent to 100 per cent. Currently Vietnam boasts 31 non-life insurers, 18 life insurers, 16 brokers, and two reinsurers. Many reputable foreign insurance companies have a presence in Vietnam in both life and non-life sectors.