In the conference, PVI has accessed the business operation during 9 first months in 2010. PVI reached VND 3,642 billion revenue, grew by 35.7% and made a profit of VND 246 billion which increased by 43.6%. PVI also obtained other impressive achievements such as being awarded B+ of financial strength from reputable A.M.Best; selecting OIF as a strategic partner and being announced by World Finance Magazine as “ The Insurance company of the year 2010”.
Additional, as at 31/10/2010, PVI has sustainably developed and achieved the milestone of VND 4000 billion revenue, increased by 30% and surpassed the PVN-approved 2010 plan by 110% despite the difficult state of the economy.
PVI has proven the strong commitment with firm spirit from BOD and every PVI’s staff during the hard time resulting from the world’s economic crisis. PVI has not only remained as a leading insurer in Vietnam market but also achieved impressive successes in international market. These achievements have demonstrated PVI’s capabilities and competiveness outside domestic market.
The milestone of VND 4,000 billion is a clear evidence of sound leadership of BOD and unceasing efforts of PVI. On this occasion, PVI will hold a formal ceremony of VND 4,000 billion revenue on 22 November 2010 at HCMC. PVI will also hold a grand introduction of PVI South- previously known as Southern region Insurance Department. Established in the beginning of 2010, PVI South has surpassed the milestone of VND 1,000 billion revenue which is an unparalleled achievement in Vietnam insurance market.
The recent achievements of PVI and PVI South are the most prestigious presents to celebrate 15’s anniversary of PVI on 23/01/2010; marking a hard yet glorious path.