Ho Chi Minh city, Vietnam – 15 April 2021 – Chubb Life Insurance Vietnam Co., Ltd. (“Chubb Life Vietnam”) today announced it has been awarded the Certificate of Merit by Minister of Education and Training of Vietnam for the company’s outstanding contribution to education and training.
Since opening its first office in the country in 2005, Chubb Life Vietnam has focused on creating a positive impact and sustainable development for the communities in which it operates. The company now employs over 40,000 employees and agents, in over 140 offices across Vietnam and an important initiative for the company has been to contribute to the development of the national education system.
To date, Chubb Life Vietnam and the Chubb Charitable Foundation have contributed over VND 30 billion in the construction of nine new schools in Central Vietnam. The company has also funded new educational equipment to schools and awarded scholarships to support thousands of underprivileged students in their schooling.
Mr. Lam Hai Tuan, Chairman and Country President of Chubb Life Vietnam said, “We are proud to receive the Certificate of Merit from the Minister of Education and Training of Vietnam as part of our continuous effort to support the communities we live and work in. With our goal of sustainable development, Chubb Life Vietnam not only focuses on maintaining exceptional business performance, but also strives to create long-term value for our customers and their communities. We strongly believe in the need to invest in the education and development of future generation. This award is a great recognition and encouragement to our employees’ unwavering effort to support the future generation of Vietnam.”
Mr. Lam Hai Tuan added: “I want to take this opportunity to thank the Ministery for their support and recognition of our work helping to ensure a brighter future for the younger generation.”
Chubb Life Vietnam stands ready to provide timely and practical support to the community. When a series of rainstorms hit Vietnam in October 2020, the company donated 15,000 warm coats to children in the affected area of Central Vietnam through the “Chubb Life Vietnam - Ấm tình miền Trung” initiative. Not only did this provide much needed material aid, but it also comforted students and allowed them to get back to their study with ease.
About Chubb Life in Vietnam
Chubb is the world’s largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 33,000 people worldwide. Additional information can be found at: www.chubb.com
Chubb Life is the international life insurance division of Chubb. In Asia, Chubb Life operates in Hong Kong SAR, Indonesia, Korea, Myanmar, Taiwan, Thailand and Vietnam, and participates in a joint-venture in China. Chubb Life has been in Vietnam since 2005, and launched its Fund Management Company (Chubb Life Fund Management Company Limited) in 2013. To meet the financial protection and security needs of its broad range of customers, Chubb Life in Vietnam (Chubb Life Insurance Vietnam Company Limited) offers a range of life protection, health, savings, and investment-linked insurance solutions through its agents, and its wide network of offices.
Additional information can be found at: https://life.chubb.com/vn