HANOI RE CEO HONORED IN THE TOP 30 OF THE 2025 RED STAR AWARD – VIETNAM OUTSTANDING YOUNG ENTREPRENEURS

According to the announcement by the Central Committee of the Vietnam Young Entrepreneurs Association, Mr. Trịnh Anh Tuấn, Chief Executive Officer of Hanoi Reinsurance Corporation (Hanoi Re), has been named among the Top 30 Vietnam Outstanding Young Entrepreneurs – Red Star Award 2025.
This recognition comes at a pivotal time as Hanoi Re continues to solidify its trajectory of sustainable growth, comprehensive transformation, and an expanding international footprint.
 

In recent years, Hanoi Re has achieved strong results despite a volatile global reinsurance market and significant natural catastrophe impacts on Vietnam’s insurance sector. The company has maintained stable growth, disciplined portfolio management, and a robust capital position. During 2020–2024, Hanoi Re recorded an average annual premium growth of nearly 14%, with pre-tax profit increasing by 11% per year. Total contributions to the state budget reached VND 423 billion from 2016–2024.

Its consistent dividend policy—maintained at 16% for eight consecutive years and increased to 17% in 2025—further demonstrates financial effectiveness and delivers tangible value to shareholders.

Hanoi Re now operates in more than 50 countries and territories, strengthening its presence across Asia, the Middle East, and Africa.

As part of its brand repositioning strategy, Hanoi Re has completed its charter capital increase to VND 1,044 billion—an important foundation for enhancing retention and expanding underwriting capacity. The renaming from PVI Re to Hanoi Re, together with the new corporate identity, marks not only the company’s maturity but also its ambition to become a Vietnamese reinsurer meeting international standards. The company continues to hold a Financial Strength Rating of B++ (Good), Long-Term Issuer Credit Rating of bbb with a Positive Outlook from AM Best, reflecting disciplined underwriting, strong risk management, and adherence to international audit and governance standards.

The Red Star Award, held every three years, features a rigorous multi-layered selection process assessing business performance, governance quality, and societal contributions. In 2025, more than 300 candidates nationwide underwent independent screening rounds and on-site evaluations.
Being selected among the Top 30 underscores not only the CEO’s leadership excellence but also the discipline, innovation, and breakthrough spirit of the entire Hanoi Re team within the insurance–reinsurance industry.
The Red Star Award ceremony will be held at 20:00 on 26 November 2025 at VinPalace Convention Center (Dong Anh – Hanoi), broadcast live on VTV1 and livestreamed on digital platforms of the Vietnam Young Entrepreneurs Association.