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Monday, 01/12/2025 06:28

The First and Only Vietnamese Non-Life Insurer Honored in Two Prestigious International Award Categories

PVI Insurance has made history as the first and only Vietnamese non-life insurance enterprise to win two major titles simultaneously — “Best General Insurer of the Year” and “Underwriting Initiative of the Year” — at the InsuranceAsia News (IAN) Awards for Excellence 2025.

This remarkable double victory affirms PVI Insurance’s position not only as the No. 1 insurer in Vietnam, but also as one of the leading insurance enterprises in the region, standing alongside major global industry players.

Affirming the Position of Vietnam’s No. 1 Non-Life Insurer

The InsuranceAsia News Awards for Excellence (IAN Awards 2025) is a prestigious annual awards program honoring outstanding insurance and reinsurance companies across the Asia–Pacific region.

Award winners are selected through a rigorous assessment process based on capability profiles and demonstrated achievements, recognizing organizations that have contributed significantly to the regional insurance landscape.

PVI Insurance surpassed numerous international nominees to win two of the most important categories:

1. General Insurer of the Year

This is the highest and most coveted award of the IAN Awards, granted to insurers with comprehensive product portfolios, strong distribution networks, and outstanding claims service quality.

PVI’s victory demonstrates its ability to meet the award’s stringent criteria, reinforcing its capability to provide comprehensive solutions, transparent claims handling, and high operational standards — qualities that position PVI among the top insurers in Asia.

2. Underwriting Initiative of the Year

This award recognizes insurers with groundbreaking underwriting initiatives that push the limits of traditional insurance capabilities.

PVI’s win reflects international recognition of its expertise in designing, pricing, and deploying complex underwriting programs — enhancing risk management quality and expanding coverage for specialized, high-demand sectors in the Asia–Pacific region.

A Milestone Shaped by Sustainable Strategy and Innovation

PVI Insurance’s success at the IAN Awards 2025 is the result of a long-term strategic focus on three core pillars:

  • Product innovation and digital transformation to enhance customer experience
  • Strengthening risk management in line with international standards
  • Expanding underwriting and reinsurance efficiency, especially in technical and high-complexity markets

These efforts have helped PVI Insurance maintain its position as Vietnam’s No. 1 non-life insurance enterprise, while significantly expanding its influence across the region.

A Proud Vietnamese Brand Rising on the International Stage

Winning these two prestigious international awards demonstrates the growing global competitiveness of Vietnamese insurers.

For PVI Insurance, this achievement marks a pivotal milestone, reinforcing its image as a company committed to innovation, digital transformation, and sustainable growth.

This recognition also motivates PVI to further strengthen its strategy in market expansion, service quality enhancement, and the development of modern insurance solutions for both corporate and personal clients in Vietnam and beyond.

With this historic double victory, PVI Insurance has established its presence among leading Asian insurers, listed alongside the region’s most reputable brands.

Looking ahead, PVI Insurance will continue to elevate its operational standards, accompany the business community, and contribute actively to the sustainable development of Vietnam’s insurance industry — proudly advancing together with the nation’s rising era.

Official Nomination & Award Announcement – InsuranceAsia News Awards for Excellence 2025 InsuranceAsia News (IAN) Awards for Excellence 2025

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