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Tong Cong Ty Co Phan Tai Bao Hiem Pvi (Vietnam)

Main Activities: Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Tong Cong Ty Co Phan Tai Bao Hiem Pvi Profile Updated: March 15, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The company specializes in the field of reinsurance.
Head office: 25th Floor, PVI Tower, 1 Pham Van Bach Street, Cau Giay Dist., Ha Noi, Vietnam
Main business sectors:
- Receiving, transferring reinsurance of non-life insurance operations
- Receiving and transferring reinsurance of health insurance operations
- Make financial investment in accordance with the law
History of formation and development:
- On July 2011, PVI Reinsurance Corporation – a wholly owned subsidiary of PVI Holdings, under Vietnam National Oil and Gas Group, was established with chartered capital is 460 billion VND.
- On October 2013, changing the company's structure into Joint-stock Corporation and renamed to PVI Reinsurance Joint-stock Corporation, operating under License No. 86GP / KDBH issued by the Ministry of Finance on October 1, 2013.
- December 24, 2020 was the first trading date of listed shares of PVI Reinsurance Joint-Stock Corporatio on HNX with stock code PRE
2023: Changed its name to Hanoi reinsurance Joint Stock Corporation

Headquarters
25Th Floor, Pvi Tower, 1 Pham Van Bach Street, Cau Giay Dist
Ha Noi (municipality); Red River Delta;

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Website: http://www.pvire.com.vn

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2011
Key Executives
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Chairman
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Chief Executive Officer
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Chief Financial Officer
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Vice Chief Executive Officer
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Vice Chief Executive Officer
Ownership Details
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73.11%
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9.88%
Company Performance
Financial values in the chart are available after Tong Cong Ty Co Phan Tai Bao Hiem Pvi report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency VND. Absolute financial data is included in the purchased report.
Net insurance premium revenue
21.93%
Operating profit (EBIT)
65.08%
Net Profit (Loss) for the Period
32.32%
Total assets
-0.98%
Investments
11.09%
Receivables
11.72%
Total equity
72.5%
Net Premiums Earned Trend
-29.85%
Net Profit Trend
27.6%
Return on Equity (ROE)
-3.85%
Loss Ratio
22.41%
Underwriting Expenses Ratio
-4.91%

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