By the end of the first nine months of 2025, PVI Insurance has once again reaffirmed its position as the No.1 non-life insurer in Vietnam, with total revenue growing by nearly 1.4 times and pre-tax profit more than doubling year-on-year, successfully exceeding the full-year business targets ahead of schedule.
Reaching the Finish Line Early – Ready for the Billion-Dollar Milestone
In the first nine months of 2025, PVI Insurance surpassed all its annual business targets, with total revenue reaching VND 21,538 billion, equivalent to 108.4% of the annual plan, up 38.7% year-on-year. Pre-tax profit reached VND 1,148 billion, 145% of the full-year target.
This remarkable performance once again demonstrates PVI’s strong internal capacity and the success of its well-aligned strategic direction toward international integration.
Within the growth structure, direct insurance revenue increased by 10.4%, notably driven by the e-commerce channel, which grew by 87%, thanks to PVI’s continued investment in digital transformation, optimization of online sales platforms, and the development of products tailored to modern consumer trends..
Sustainable Growth through Strategic Vision
Alongside direct insurance activities, PVI’s reinsurance operations also achieved impressive results. With the Company’s expansion into the international reinsurance market, reinsurance revenue in the first nine months of 2025 more than doubled year-on-year, following the principles of risk-based management, enhanced competitiveness, and operational efficiency.
This robust growth in the international reinsurance segment not only contributed significantly to the Company’s overall performance but also reflected PVI’s solid risk management capabilities, financial strength, and growing reputation in both regional and international markets.
This development is in line with the overarching direction of the Vietnamese Government and the Party.
General Secretary and President Tô Lâm has emphasized that Vietnamese entrepreneurs and enterprises play a vital role in the new era of national growth. In that spirit, PVI Insurance’s progress embodies the responsibility of a national brand, affirming Vietnam’s image as a dynamic, innovative, and globally integrated economy.
In September 2025, PVI Insurance successfully increased its charter capital from VND 3,900 billion to VND 4,320 billion, reinforcing its financial foundation to invest in technology, expand markets, and strengthen financial capacity – key factors that build customer trust and solidify the Company’s leading position in Vietnam’s insurance market.
Partnering for Social Security
The Company’s collaboration with Vietnam Social Security (VSS) continued to deliver strong results.
By the end of September 2025, PVI Insurance collected nearly VND 2,400 billion in social insurance premiums on behalf of VSS, a 56% increase year-on-year.
Notably, PVI has achieved over 90% of its annual targets for voluntary social insurance and self-paid health insurance participants — reaffirming the effectiveness of the partnership model between the enterprise and the government agency.
Strengthening a Leading Brand Image
Beyond business results, PVI Insurance continues to stand out in brand and community initiatives.
At the A80 Exhibition – “Journey of Independence, Freedom, and Happiness”, held in celebration of Vietnam’s 80th National Day, PVI’s exhibition booth drew significant attention, showcasing the image of a pioneering, innovative enterprise committed to national development.
Internationally, PVI Insurance was honored in three major categories by Asia Insurance Review, being the only Vietnamese insurer recognized among leading regional names.
Domestically, the Company was listed among the Top 50 Most Profitable Enterprises in Vietnam 2025, and for the second consecutive year, ranked No.1 in the “Top 10 Most Reputable Non-Life Insurers in Vietnam” by Vietnam Report and VietnamNet — further affirming PVI’s financial strength, governance excellence, and brand reputation.
Moving Toward the Billion-Dollar Enterprise Vision
Speaking at the 9-month review conference, PVI’s leadership emphasized: “The results achieved in the first nine months are a testament to the solidarity, determination, and tireless efforts of all PVI employees.
This momentum will drive us to continue innovating, breaking through, and striving toward the goal of becoming a billion-dollar non-life insurer — a symbol of Vietnam’s capability and spirit on the international stage.”
With a solid financial foundation, sustainable business performance, and a long-term strategic vision, PVI Insurance continues to affirm its position as Vietnam’s leading non-life insurer and a representative of the Vietnamese brand in global integration.
