What i have studied from school 0040

Through the given data, it can be seen that the assets of Hanwha Vietnam and
Generali Vietnam tend to increase slowly in the period 2017-2021 (from VND 3.6 trillion
to VND 13.5 trillion for Hanwha, and from VND 3.9 trillion for Hanwha). VND to 12.6
trillion VND for Generali Vietnam). Aviva's assets also increased slowly with 2
businesses, and even Aviva's assets are among the lowest of the 4 mentioned insurance
companies.
Figure 1.5: Total assets of Aviva and other companies in 2017-2021
(Source: Aviva’s Annual Report, Hanwa Life Vietnam’s Annual Report, Generali
Vietnam’s Annual Report and Sun Life’s Annual Report in 2017-2021)
As for Sun Life Vietnam insurance, although total assets decreased slightly around
2017-2019, in the period 2019-2021 the company's assets increased quite strongly. This
proves that Aviva has been in a difficult position when total debt is close to total assets,
making the company's liquidity worse than ever, especially in the context of the
pandemic. COVID-19 is full of difficulties.
2.2.2.3. Equity of Aviva Vietnam
Table 2.4: Total equity of Aviva and other companies in 2017-2021
Unit: million VND
2021

2020

2019

2018

2017

Aviva Vietnam

1,753,495

1,515,174

1,384,377 1,373,452 1,629,815

Hanwha Life Vietnam

4,083,829

3,924,447

3,684,357 3,283,112

460,914

Generali Vietnam

2,755,761

2,273,692

1,642,098 1,235,508

906,162

Sun Life Vietnam

13,376,298 12,721,056 4,055,796 1,167,407 1,109,834

(Source: Aviva’s Annual Report, Hanwa Life Vietnam’s Annual Report, Generali
Vietnam’s Annual Report and Sun Life’s Annual Report in 2017-2021)

According to the data in the table, it can be seen that Aviva Vietnam's equity has almost
no significant growth, decreased slightly in the period from 2018 to 2020. Generali


Vietnam's numbers are similar to Aviva Vietnam's, but Generali's equity in 2017 is
smaller