♦ To become a leading reinsurer in Vietnam and the region; a professional investor.
♦ A centre of reinsurance business exchange for the market. To provide customers with value added services with necessary warranty derived from the core values of the company.
♦ To focus on profitability and profit optimisation and meet with shareholders’ expectation.
♦ An enterprise responsible for the community
Our Value Proposition
♦ Strong profit to investors
♦ Improved insurance market efficiency and profitability:
Risk and capital management
Training and knowhow transfer
Information centre for insurance/reinsurance market
♦ Sustained insurance market growth
Adequate reinsurance capacity
Suport in new insurance product development
♦ Active involvement for a sustainable development of Vietnam
2020 – 2024 business targets:
♦ Business results (not including impacts from Covid-19 pandemic):
Average gross written premium growth: 9%/year
Maximum average combined ratio: 98%
Average pre-tax profit growth: minimum 7%/year
Dividend payout rate: minimum 12%/year
Average ROE: minimum 10%
♦ Charter capital: increase charter capital to VND2,000 billion by 2024. The specific time and issuance plan will be prepared and submitted to the AGM for approval.
♦ Contributing to the sustainable development of Vietnam insurance market through raising awareness on
insurance, providing reinsurance capacity and supporting the development of insurance products for large
numbers of residents
♦ Actively participating in sustainable development of Vietnam