PVI Insurance’s revenue for the first 9 months of 2021 exceeds the target

04:50' CH - Tuesday, 26/10/2021

On October 21, 2021, PVI Insurance held a conference to review the business results of the first 9 months and implement tasks for the last 3 months of 2021. The conference was chaired by Mr. Pham Anh Duc, General Director.

Mr. Pham Anh Duc, PVI Insurance’s General Director, chairing the conference

For the first 9 months of 2021, total revenue of PVI Insurance was VND 7,583.7 billion, equivalent to 107.8% of the 9-month plan and 79.2% of the annual plan, up 10.3% over the same period of the previous year. Original insurance fee grew by 10.1% compared to the first 9 months of 2020. PVI Insurance's pre-tax profit was VND 686.6 billion, up 20.1% over the same period last year, equivalent to 161.9% of the 9-month plan, 106.4% of the annual plan.

PVI Insurance's first 9 months of 2021 conference

PVI Insurance is the only insurance company listed in the Top 50 Most profitable companies 2021 in Vietnam, according to the most recent announcement by Vietnam Report. PVI Insurance also firmly holds the No. 1 position in industrial insurance field with the revenue from corporate insurance packages growing by 16.3% over the same period in 2020.

In the last 3 months of 2021, PVI Insurance will focus on applying flexible and effective measures in order to reach the revenue target of VND 10,000 billion; promoting the development of e-commerce channels; renewal of reinsurance contracts.

Rewarding teams with outstanding performance in management and business activities

At the Conference, rewards were given to recognize outstanding performance of the member companies and divisions in management and business activities in the first 9 months of 2021.

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