News Releases

Chubb Life and Chubb Charitable Foundation Announce Opening of 10th School in Vietnam
New Dak Nang Junior High school in Dak Nong features two floors and six well-equipped classrooms
Nov 17, 2022

Ho Chi Minh City, 17th November 2022 – Chubb Life Vietnam today announced the opening of the Dak Nang Junior High school in Dak Nong province. This is the company’s 10th school-building project in Vietnam as part of its “Chubb Life – Vi the he tuong lai” program.  Chubb Life Vietnam and the Chubb Charitable Foundation donated VND2.8 billion (approximately US$117,600) to fund construction of the school, which features two floors and six well-equipped classrooms that meet national standards. Once a run-down campus, the newly constructed school building provides learning facilities for teachers and students, as well as contributing to the quality of comprehensive education in the area.

The Community Fund for Disaster Prevention and local government also contributed to the construction of the school, which cost VND5 billion (approximately US$210,000) in total. 

Country President of Chubb Life Vietnam – Mr. Nguyen Hong Son said: “We believe that supporting educational activities is a practical way to give back to the local community. Our commitment to this program and its sustainable values are helping to offer a solid foundation to the next generation, through providing better conditions for children to achieve their dreams and ambitions, thereby helping them to become good citizens in the future.”

Since opening its first office in Vietnam in 2005, education has been at the heart of Chubb Life Vietnam’s commitment to sustainable development. To date, Chubb Life Vietnam and the Chubb Charitable Foundation have contributed nearly VND34 billion (approximately $1.428.000) to constructing 10 schools in Central Vietnam, funding new educational equipment for schools, and awarding scholarships to support thousands of underprivileged students. The company has also donated 15,000 warm coats to children in the affected area of Central Vietnam and 16,000 new school bags to disadvantaged students at 97 schools in 14 provinces and cities across the country.

Principal of Dak Nang Secondary School – Mr. Truong Quang Hung said: “Perhaps, the greatest joy for teachers and parents is when they see more students enthusiastic about learning and excited to come to school. The inauguration of Dak Nang Junior High School brought joy not only to us teachers and our students, but also the wider local community. This newly renovated school, and the computer equipment for teaching, will provide students with better access to knowledge and skills, helping to secure a brighter future for them."

Director of the Community Fund for Disaster Prevention – Ms. Le Thi Thuc commented: “We greatly appreciate the subtainable activities conducted by Chubb Life Vietnam and the Chubb Charitable Foundation, in particular the school-building activities they have carried out over the past decade, which have made a positive contribution to education in Central Vietnam. As with the previous nine schools, we believe that this new school will serve the students and local community well for years to come.”

The journey of “Chubb Life – Vi the he tuong lai” will continue to be at the heart of Chubb Life Vietnam and its commitment to contributing to the education of the future generation of Vietnam.

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 34,000 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

Contact

Vũ Thanh Trúc – Director, Head of Communications

Chubb Life Insurance Vietnam Company Limited

21F SunWah Tower,

115 Nguyen Hue Blvd., Dist. 1,

Ho Chi Minh City, Vietnam

Tel: +84 (28) 3827 8989 – [8967]