09/05/2013
BIDV Insurance Joint Stock Corp (BIC) has said that in the first three months of this year, its insurance premium reached 198.98 billion dong, growing 10 percent from the same period last year and pre tax profit was 30.51 billion dong, a year-on-year increase of 0.4 percent.
In Q2/2013, the BIC will continue to promote operations to achieve revenue growth as planned, especially the retail operations.
After completing the transfer of capital to increase its holding to 65 percent stake in both joint ventures of Laos-Vietnam Insurance Joint Venture Co (LVI) and Cambodia-Vietnam Insurance Co (CVI) in Laos and Cambodia, the BIC will reorganise and restructure the operations of these two joint ventures to increase the performance.
At the same time, as per report sent to the shareholders’ meeting, the BIC will continue to carry out credit rating projects, seek and select strategic shareholder.
After completing the transfer of capital to increase its holding to 65 percent stake in both joint ventures of Laos-Vietnam Insurance Joint Venture Co (LVI) and Cambodia-Vietnam Insurance Co (CVI) in Laos and Cambodia, the BIC will reorganise and restructure the operations of these two joint ventures to increase the performance.
At the same time, as per report sent to the shareholders’ meeting, the BIC will continue to carry out credit rating projects, seek and select strategic shareholder.
