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BIC’s premium sees 10pct growth in Q1/2013

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.

BIC boosts overseas presence

BIC has received approval from the Ministry of Finance (MoF) to invest in Cambodia-Vietnam Insurance Co (CVI) and Laos-Vietnam Insurance Joint Venture Co (LVI).

BIC in 2012: Good result despite of difficulties

2012 is a hard year for the economy as well as the insurance market, demand for insurance decreased, especially in traditional fields that used to take up high return ratio such as: construction, property, cargo insurance, ect. Gross insurance premium in non-life market only increased by 11%, which is the lowest increase in the past 10 years

BIC: 9M/2012 Pre-tax Profit Reaches 90b dong, up 27pct

BIDV Insurance Corporation (BIC) reported a pre-tax profit of VND90.19 billion in 9M/2012, up 27 percent from a year ago, and fulfilling 86 percent of its full-year target.

BIC to provide motorbike fire and explosion insurance via BIDV’s branches

From Aug 1st 2012, BIC will officially provide comprehensive motorbike insurance package - BIC- MotorCare - via BIDV’s branches nationwide.
Others:
  • Q2/2012: BIC profit increases more than 22.4pct
  • LVI launch “Auto collision insurance – LVI CAR”
  • BIC to provide comprehensive home insurance package
  • 1.000 VND per month to drive safely
  • BIC to sale-off 20% premium of BIC 24/24 for group buying
  • BIC: Earns VND42.383Bln Pretax Profit in 5M/2012
  • BIC gains profit of 40b dong in first 4 months
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