First 6 months of 2020: PVI Insurance successfully archives its business targets

09:48' SA - Thứ sáu, 24/07/2020

Mr. Pham Anh Duc - General Director of PVI Insurance ran the Conference

PVI Insurance has successfully organized the conference to review the first 6 months business operation and to implement tasks for the last 6 months of 2020 in Quy Nhon city, Binh Dinh province.

In the first 6 months of 2020, in the midst of Covid-19 pandemic that has put production and business activities in extreme difficult situation and led to a series of declines in the global economy in general and Vietnam's economy in particular, PVI Insurance still successfully achieves its target with total revenue of VND 4,831 billion (equivalent to 103% of the plan), profit before tax of VND 383 billion (equivalent to 125% of the plan), and accomplishes outstanding achievements:

- Maintaining the No.1 position in industrial insurance field in Vietnam
- Successfully arranging effective reinsurance contracts, increasing the competitiveness of insurance business activities
- Increasing the charter capital to VND 3,100 billion, becoming the largest non-life insurance enterprise in the market in terms of charter capital
- Opening and putting into operation 3 new member entities, increasing the total number of member entities to 39
- Launching many new products and services, signing cooperation agreements with a number of counterparties such as: Mobifone Corporation, Viet Duc Hospital (Hanoi) in providing hospital fee guarantee service, online booking applications namely FastGo, Car+ in providing civil liability insurance and automobile physical damage insurance...

At the ceremony, PVI Insurance honored 10 teams with outstanding performance in the first 6 months of 2020, including: Reinsurance Department, Bancassurance Department, PVI South, PVI Vung Tau, PVI Duyen Hai, PVI Dong Nam Bo, PVI Trang An, PVI Ca Mau, PVI Da Nang and PVI Bac Trung Bo. Especially, PVI Ho Chi Minh City with the most outstanding achievement was honored to be the second entity in the system receiving the Cup of Honor of the Corporation. The Cup of Honor recognizes the outstanding contributions of the management and all employees of PVI Ho Chi Minh City.

PVI Insurance also rewarded entities for good motorcycle insurance selling, including: PVI Khanh Hoa, PVI Thang Long, PVI Hue, PVI Dong Nam Bo, PVI Bac Song Hong, PVI Saigon, PVI Da Nang and PVI Song Tien.

Some photos of the preliminary review conference:


Honoring PVI Chi Minh City for the most outstanding achievement


Rewarding 10 outstanding teams


Rewarding 8 entities for good motorcycle insurance selling