Prudential Vietnam continues taking the pole
Prudential Vietnam
Prudential Vietnam has reached new business premium of VND615 billion ($30 million), up 21.2 per cent year-on-year. The total premium income increased to VND2.8 trillion ($137 million), up 12.3 per cent year-on-year. With the market share of 38 per cent, the company reaffirmed its No.1 position in Vietnam’s life insurance market.
Its total asset went up by 13.3 per cent year-on-year to VND 30 trillion ($1.5 billion) with total policyholder payments of VND1.248 trillion for 104.747 cases for the first half of 2011.
Aside from these great financial results, Prudential takes pride in being one of the leading organisations in corporate social responsibility (CSR) in Vietnam. Earlier this year, Prudence Foundation Vietnam, a CSR arm of Prudential Vietnam, has committed $10 million to social activities benefiting local communities in Vietnam for the next five years.
Prudential Plc, the parent company also achieved a resilient balance sheet, with a capital surplus of £4.1 billion ($6.6 billion) at the half year.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- Cautious state remains after gold auction (May 04, 2024 | 22:14)
- Exchange rate pressures could affect interest rates (May 03, 2024 | 19:19)
- New independent director hopes to 'add value' to Techcombank (May 03, 2024 | 18:14)
- UOB: USD likely to weaken against the VND (May 03, 2024 | 16:10)
- MUFG pilots sustainable deposit scheme in Vietnam (May 02, 2024 | 10:26)
- VPBank's strategy to revitalise 'zero-dong bank' (May 01, 2024 | 15:52)
- VPBank highlights SMBC deal at AGM (May 01, 2024 | 15:50)
- Forecasts upbeat for banks’ 2024 profits (April 30, 2024 | 18:00)
- Sluggish growth and risks abound in banking arena (April 30, 2024 | 16:08)
- Banks adjust timelines for raising capital (April 30, 2024 | 11:31)
Mobile Version