From Vietnam to the World – A Strategic Step Forward for PVI Insurance

From November 3–6, 2025, the Singapore International Reinsurance Conference (SIRC) brought together more than 3,000 leaders, experts, and global enterprises in insurance, reinsurance, broking, credit rating, and insurtech at the Marina Bay Sands Financial Centre.

Under the theme “Staying Ahead, Future Ready,” SIRC 2025 focused on how the global reinsurance industry adapts and innovates amid complex challenges such as climate change, geopolitical risks, digital transformation, artificial intelligence, and IFRS 17 compliance.

Amid the vibrant atmosphere of Singapore’s financial hub, PVI Insurance — Vietnam’s leading non-life insurer — represented the Vietnamese insurance industry at SIRC 2025 with a clear mission:

“Demonstrating capability, sharing vision, and reaching the global stage.”

With a solid financial foundation and a comprehensive client ecosystem spanning energy, industry, and infrastructure, PVI entered SiRC 2025 with the confidence of a brand that has already established its reputation across the regional market.

At this year’s conference, PVI Insurance was the only Vietnamese company to host a dedicated hospitality suite, facilitating dozens of bilateral meetings with leading reinsurers from Asia, the Middle East, and Europe..

A PVI Insurance representative shared:

“Our participation in SIRC 2025 is not merely about networking, but a strategic step to expand reinsurance capacity and strengthen PVI Insurance’s position in the global value chain. We are not here to observe — we are here to connect and lead.”

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PVI Insurance’s Mark at SiRC 2025 – Strategic Connections, Global Expansion

Throughout the conference, PVI Insurance achieved tangible outcomes, including:

• Strengthening strategic partnerships: Bilateral meetings allowed PVI and its existing reinsurers to exchange in-depth insights on business results, loss ratios, and renewal strategies for 2026.
• Expanding reinsurance capacity: Many international partners expressed readiness to increase capacity for PVI, particularly in high-risk sectors such as energy, specialized industrial property, aviation, and engineering.
• Capturing global trends: Through technical sessions, PVI updated key insights on reinsurance pricing, CAT modeling, IFRS 17 impacts, and capital cost fluctuations — vital inputs for its 2026 reinsurance program.
• Enhancing professional expertise and brand presence: By joining international panels and technical discussions, PVI strengthened its professional knowledge, risk management practices, and reputation as a dynamic, globally integrated Vietnamese enterprise.

PVI Insurance’s reinsurance revenue in the first nine months of 2025 more than doubled compared to the same period in 2024 — a clear reflection of trust and successful cooperation with international partners.

A European reinsurance expert remarked:

“PVI Insurance represents a new generation of Asian insurers — deeply rooted in its domestic market yet fully aligned with global standards.”

Affirming a Global Vision – Advancing Toward Regional Leadership

The success of PVI Insurance at SiRC 2025 lies not only in the new partnerships formed but also in its strategic mindset and vision for sustainable integration.

By proactively seeking new capacity, fostering long-term partnerships, and demonstrating professional negotiation capabilities, PVI has proven itself as a Vietnamese enterprise on par with regional insurance groups.

A PVI representative emphasized:

“We do not see reinsurance as merely a financial tool — it is part of our sustainable development strategy. Each new partnership represents a step forward in bridging the Vietnamese market with the global insurance network.”

With its A– (Excellent) financial strength rating from AM Best and continuous double-digit growth, PVI Insurance continues to affirm its identity as a “Vietnamese enterprise with a global mindset.”

The prominent presence of PVI at SiRC 2025, led by the Chairman of the Members’ Council, the CEO, and the Executive Board, demonstrated the company’s strong internal capacity, professional expertise, and long-term strategic vision as it continues its journey of international expansion.

Participation in SIRC 2025 marks a significant milestone in PVI Insurance’s globalization journey — not only fostering concrete business cooperation but also elevating the image of the Vietnamese insurance industry on the world stage.

PVI Insurance is proudly becoming a trusted regional partner, embodying the spirit of a dynamic, confident, and globally integrated Vietnam.