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About Us

Vietnam's Leading Non-Life Insurance Company

About Us

PVI Insurance is Vietnam's leading non-life insurer, proudly rated A- (Excellent) for financial strength by AM Best. We are committed to delivering comprehensive and flexible insurance solutions that foster the sustainable growth of businesses across all sectors. Leveraging in-depth industry expertise and a client-centric approach, we develop tailored insurance programs that address the specific requirements of each industry — from commerce and manufacturing to service sectors — ensuring reliable protection against both operational and everyday risks.

Our 2024 Milestones

No. 1

in the Market
PVI Insurance is proud to be Vietnam's leading non-life insurance company, holding 16.8% of the market share.

1,000,000,000

USD
The first non-life insurance company in Vietnam to achieve a revenue scale of USD 1 billion.

A-

(Excellent)
Financial strength rating of A- (Excellent) awarded by AM Best.

4,320

Billion VND
The non-life insurance company with the largest charter capital in Vietnam.

40.5%

Growth
PVI Insurance's total revenue in 2024 reached 20,405 billion VND, growing 40.5% compared to 2023.

95.3%

Combined Ratio
The combined ratio in 2024 was 90.2% (excluding the impact of losses caused by Typhoon Yagi).

Awards and Achievements

Each milestone marks a solid step forward, contributing to PVI's journey in becoming a leading insurance brand in Vietnam.

Best General Insurer 2024, 2025
Best General Insurer 2024, 2025

As voted by InsuranceAsia News – Asia’s insurance publication

Best Digital Insurer 2023, 2025
Best Digital Insurer 2023, 2025

As voted by InsuranceAsia News – Asia’s insurance publication

Outstanding Claims Management 2025
Outstanding Claims Management 2025

As voted by InsuranceAsia News – Asia’s insurance publication

Business Insurance Industry Report on Creative Trends for 2023
Business Insurance Industry Report on Creative Trends for 2023

Selected as the Official Partner of International Finance Magazine (IFM)

Top 50 Most Profitable Enterprises in Vietnam
Top 50 Most Profitable Enterprises in Vietnam

Ranked among the Top 50 Most Profitable Enterprises in Vietnam for five consecutive years (2021–2025)

Top 10 Reputable Non-Life Insurance Companies
Top 10 Reputable Non-Life Insurance Companies

Recognized in the Top 10 Reputable Non-Life Insurance Companies for 10 consecutive years (2016–2025), and ranked No. 1 for two consecutive years (2024 and 2025)

Top 500 Largest Enterprises in Vietnam
Top 500 Largest Enterprises in Vietnam

Listed for the 8th time (2017, 2019–2025) among the Top 500 Largest Enterprises in Vietnam.

Top 3 “General Insurance Company of the Year”
Top 3 “General Insurance Company of the Year”

At the 29th Asia Insurance Industry Awards (AIIA)

General Insurer of the Year
General Insurer of the Year

The first and only Vietnamese non-life insurance company to be honored in two prestigious categories at the InsuranceAsia News (IAN) Awards for Excellence 2025.

Underwriting Initiative of the Year
Underwriting Initiative of the Year

The first and only Vietnamese non-life insurance company to be honored in two prestigious categories at the InsuranceAsia News (IAN) Awards for Excellence 2025.

Learn more about PVI Insurance's growth journey

30 years of PVI Insurance
The journey to becoming Vietnam's #1 non-life insurance company

Board of Members

Mr. DUONG THANH FRANCOIS

Mr. DUONG THANH FRANCOIS

Chairman of the Members' Council

Mr. DO TIEN THANH

Mr. DO TIEN THANH

Vice Chairman of the Members' Council

Mr. PHUNG TUAN KIEN

Mr. PHUNG TUAN KIEN

Council Member

Mr. TUNG SING LAU

Mr. TUNG SING LAU

Council Member

Mr. PHAM ANH DUC

Mr. PHAM ANH DUC

Council Member

Mr. TRAN DUY CUONG

Mr. TRAN DUY CUONG

Council Member

Executive Team

Mr. PHAM ANH DUC

Mr. PHAM ANH DUC

Chief Executive Officer

Mr. VU VAN THANG

Mr. VU VAN THANG

Deputy Chief Executive Officer

Ms. LE HONG LINH

Ms. LE HONG LINH

Deputy Chief Executive Officer

Mr. DO TIEN THANH

Mr. DO TIEN THANH

Deputy Chief Executive Officer

Mr. PHAM THANH VINH

Mr. PHAM THANH VINH

Deputy Chief Executive Officer

Ms. NGUYEN VU TAM

Ms. NGUYEN VU TAM

Deputy Chief Executive Officer

Mr. NGUYEN ANH TUAN

Mr. NGUYEN ANH TUAN

Deputy Chief Executive Officer

Mr. NGUYEN NHU TRUNG

Mr. NGUYEN NHU TRUNG

Deputy Chief Executive Officer

Mr. CHU TIEN THANH

Mr. CHU TIEN THANH

Deputy Chief Executive Officer

Mr. NGUYEN VUONG HUYNH

Mr. NGUYEN VUONG HUYNH

Chief Accountant