PVI Insurance has been honored by the international magazine The Global Economics at the Global Economics Awards 2026 with the title of Best Non-Life Insurer. At the same time, Mr. Pham Anh Duc, Chief Executive Officer, was recognized with the award for Outstanding Contributions to Industrial and Specialty Insurance.

This recognition reflects PVI Insurance’s strong performance in business operations, execution capabilities, and service quality, especially in a market environment that increasingly demands higher standards in efficiency, adaptability, and customer experience.

The Global Economics Awards is an annual program organized by The Global Economics, a UK-based financial magazine, to honor outstanding organizations and individuals across sectors such as finance, insurance, and investment. Award categories are evaluated based on criteria including growth, innovation, service quality, and market contribution.

Over the years, PVI Insurance has consistently pursued a development strategy built on three core pillars: a solid financial foundation, modern governance capabilities, and customer-centric service excellence. In the non-life insurance market, PVI Insurance continues to strengthen its leading position by expanding underwriting capacity, improving underwriting and claims quality, and accelerating innovation in operations and customer experience.

The Best Non-Life Insurer award acknowledges these efforts, particularly in maintaining growth alongside efficiency, enhancing risk management capabilities, and delivering insurance solutions tailored to the increasingly diverse needs of the market.

At the leadership level, Mr. Pham Anh Duc’s recognition for Outstanding Contributions to Industrial and Specialty Insurance highlights his long-standing and significant contributions to the industry. With over 30 years of experience, he has directly managed complex lines of business including energy, engineering, marine, and industrial insurance.

Since assuming the role of CEO in 2019, he has led PVI Insurance under the principle of “growth associated with efficiency,” while driving governance modernization, digital transformation, and productivity improvements. Under his leadership, PVI Insurance has not only maintained its leading position in Vietnam’s non-life insurance market but has also set notable benchmarks, contributing to the establishment of new industry standards and alignment with international governance practices.

Recognition at the Global Economics Awards 2026 underscores PVI Insurance’s development journey, shaped by a clear, consistent, and long-term strategy. Innovation at PVI extends beyond technology and processes, encompassing continuous improvements in governance standards and service value delivery. On this foundation, the company is committed to sustainable growth, with a focus on efficiency, market responsibility, and execution excellence.

In 2025, PVI Insurance became the first and only non-life insurer in Vietnam to surpass USD 1 billion in total revenue. In the same year, the company received dual honors at the InsuranceAsia News Awards for Excellence 2025 in the Asia-Pacific region, winning General Insurer of the Year and Underwriting Initiative of the Year, and was also ranked among the Top 3 for General Insurance Company of the Year at the Asia Insurance Industry Awards 2025. Notably, PVI Insurance is the first and only insurer in Vietnam to be rated A- (Excellent) by AM Best for four consecutive years, affirming its position, reputation, and competitive strength in the regional insurance market.