PVI Insurance successfully achieves 2020 business targets

11:31' SA - Thứ năm, 28/01/2021

(Mr. Pham Anh Duc – General Director of PVI Insurance ran the Conference)

On January 21, 2020, at the PVI Tower, Hanoi, PVI Insurance organized the conference of Business Review of 2020 and the plan of 2021.

Despite the huge challenges of global COVID 19 pandemic outbreak, the oil prices plunge to the record lows, the largest natural disasters during past years that may affect to the business activities, PVI Insurance has successfully completed the tasks of 2020, especially in the term of effectiveness, continued to be ranked among top non – life insurance enterprises about profit earned from the insurance business, charter capital and total assets. In 2020, PVI Insurance reached VND 9,304 billion in revenue, profit before tax amounted to VND 879 billion and accomplished the outstanding achievements:

- The most profitable insurance enterprise in the market

- The lowest combined ratio in the market

- The No.1 position in industrial insurance field for consecutively years

- Fast developing the strong and effective e-commerce channel

- The first year that the retail system completed and achieved the business goals

At the conference, PVI Insurance honored the teams and individuals with excellent performance in 2020. Besides, to thank for the contributions of the employees with a long time working at PVI, PVI Insurance's Board of Directors awarded the trophies to employees who have reached the milestones of the 10, 15, 20 and 25 working years.

PVI Insurance's Board of Directors wished that the employees will continue to work with the company to further contribute to the overall performance of it in the coming years.

One of the high spots of the conference was the Ceremony of Awarding the Cup of Honor for the Best Team in 2020. PVI South Insurance is the third subsidiary in the system to receive the Cup. Previously, PVI Insurance Vung Tau and Ho Chi Minh City were the two units that kept this noble Cup.

At the end of the conference, the Board of Directors, Heads of Departments, Directors of subsidiaries, Head of Customer Services signed the Emulation Agreement in 2021 with determination to reach the milestone of VND 10,000 billion in revenues. This is a goal that PVI Insurance's Board of Directors and employees are determined to achieve as a new milestone to celebrate the 25th anniversary of PVI (January 23, 1996 - January 23, 2021).

Photos of the Conference:

Honoring the teams and individuals for the most outstanding achievements in 2020

Awarding trophies to long-service employees

Honoring the PVI South Insurance – The Most Excellent Team in 2020

Ceremony of signing the Emulation Agreement to reach the milestone of VND 10,000 billion in revenue in 2021.