NOTICE OF ESTABLISHMENT

08-02-2021


Shinhan Life Vietnam Insurance Co., Ltd. is pleased to announce that on February 8, 2021, Shinhan Life Vietnam was granted the establishment and operation with license number 85/GP/KDBH by the Vietnamese Ministry of Finance with the following contents:

1. Name & head office:
Full name in Vietnamese: Shinhan Life Vietnam Insurance Co., Ltd
Full name in English: Shinhan Life Insurance Vietnam Limited Liability Company
In short: Shinhan Life
Head office address: Room EBC014, Empress Office Service Center, 17th Floor, Empress Tower, 138-142 Hai Ba Trung Street, Da Kao Ward, District 1, Ho Chi Minh City, Vietnam

2. Content, scope, and duration of operation:
Business lines: Life insurance, Health Insurance, and Financial Investment.
Area of ​​operation: All over the territory of Vietnam.
Target customers: Individuals, Vietnamese and foreign organizations.

3. Charter capital:VND 2,320,000,000,000 100% contributed by Shinhan Life Insurance Corporation;

4. Legal representative:You Min Choul

5. License for establishment and operation:No. 85/GP/KDBH issued on 08/02/2021.

6. The operations permitted to do business:
Life Insurance:
(i) Whole Life Insurance; (ii) Term Life Insurance; (iii) Endowment; (iv) Pure Endowment; Health Insurance:
(i) Personal Accident Insurance; (ii) Health Insurance; (iii) Health Care Insurance Reinsurance business: receiving and transferring reinsurance for life insurance and health insurance business;
Manage the fund and conduct investment activities following the law;
Other activities as prescribed by law.

About Shinhan Life Vietnam
About Shinhan Life Vietnam

Shinhan Life Insurance Vietnam Limited Liability Company entered the Vietnamese insurance market from February 2021, headquarters in Ho Chi Minh City, operates in the fields of life insurance, health insurance, and financial investment. With charter capital of VND 2,320 billion, fully contributed by its parent company Shinhan Life Insurance Corporation, Shinhan Life officially launched and operated its business in Vietnam in January 2022.

Contact point:

Trần Thị Tuyết Minh – Head of Marketing
Phone: 028 730 09920
Email: minhtran@shinhan.com or minhtran@shinhanlife.biz.vn

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