23/10/2013
PVIRe successfully organized 9 months review meeting and implementing business plan for the last quarter of the year 2013
The meeting is held on 23rd October 2013 with the participation of Mr. Nguyen Anh Tuan, Chairman of PVI Holdings, Mr. Bui Van Thuan, CEO of PVI Holdings and other representative leaders from PVI Insurance
The meeting is held on 23rd October 2013 with the participation of Mr. Nguyen Anh Tuan, Chairman of PVI Holdings, Mr. Bui Van Thuan, CEO of PVI Holdings and other representative leaders from PVI Insurance, PVIRe as well as other associated companies of PVI.
Mr. Vu Van Thang – Chairman of PVI Re & Mr. Le Hoai Nam – CEO of PVIRe presided the meeting
In the first 9 months of 2013, insurance market in Vietnam is reported to grow averagely and the big players’ growing speed and market share have tended to go down slightly. The total written premium is estimated at VND 17.450 billions, increased by 4% compared with the same period last year.
Mr. Nguyen Anh Tuan – Chairman of PVI Holdings delivered speech at the meeting
Despite the gloomy market, PVIRe has continued to remark our development with impressive figures. Total reinsurance written premium for the first 9 months of 2013 reached VND 1,014.8, billions, completed 122.6% of the plan, grew 145.2% compared with last year and equals 85.8% of the annual plan. Investment profit achieved VND 52.8 billions, contribution to reserve fund reached VND 81.23 billions, increased by VND 54.3 billions against the plan, making the total accumulated reserve of VND 251.64 billion by 30th September 2013.
Mr. Bui Van Thuan – CEO of PVI Holdings delivered speech at the meeting
With these captioned achievements, PVIRe has gradually asserted our brand-name and position in not only the local but also the international market.