The subject is specialized in providing non-life insurance and reinsurance services including personal insurance (health care, traveling, motor insurance, insurance for private house, accident insurance, car insurance…); Corporate insurance (liability insurance, ship insurance, technical insurance, cargo insurance, property insurance, motor vehicle insurance, comprehensive student insurance…). The subject's charter capital has reached VND 2,900 billion since 2019. Currently, it has over 70 branches, over 50,000 agents and nearly 700 business offices nationwide.The subject is a wholly-owned subsidiary of BAOVIET HOLDINGS, which is known as a large economic group in Vietnam. In which, the Ministry of Finance of The Socialist Republic of Vietnam holds 65% of shares in BAOVIET HOLDINGS currently.According to statistics, total insurance premiums of all Non-life insurance firms in Vietnam in 2021 hit VND 57.88 trillion, a slight increase of 3.98% against the volume in 2020. In which, the market share revenue of the subject was ranked in the first place that year. In 2022, total insurance premiums of all Non-life insurance firms in Vietnam hit VND 67.6 trillion, a remarkable increase of 16.8% against the volume in 2021. In which, the market share revenue of the subject was ranked in 2nd place after PVI INSURANCE last year.
Headquarters
No. 7, Ly Thuong Kiet Street, Phan Chu Trinh Ward
Ha Noi (municipality); Red River Delta;
Postal Code: 10000-14000
Contact Details: Purchase the Baoviet Insurance Corporation report to view the information.
Website: https://baohiembaoviet.com
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