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 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 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). | 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
| 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.
|  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
Q2/2012: BIC profit increases more than 22.4pct BIDV Insurance Corporation (BIC) made a net profit of VND18.18 billion in the second quarter of this year, up 22.4 percent from one year earlier.
- LVI launch “Auto collision insurance – LVI CAR”
LVI launch “Auto collision insurance – LVI CAR” On July 13rd 2012, in Vientiane, Laos - Lao-Viet Insurance Joint Venture Company (LVI) solemnly organized a ceremony to introduce and launch “Auto collision insurance – LVI CAR”. - BIC to provide comprehensive home insurance package
BIC to provide comprehensive home insurance package From July 2012, BIDV Insurance Corporation (BIC) provide Comprehensive Home Insurance package nationwide. - 1.000 VND per month to drive safely
1.000 VND per month to drive safely In July 2012, BIDV Insurance Corporation (BIC) officially provided motorbike fire and explosion insurance. In which, customers buying motorbike fire and explosion insurance of BIC will be compensated for physical damages of their own motobikes caused by sudden fire, explosion beyond the control of motorbike owners or drivers. - BIC to sale-off 20% premium of BIC 24/24 for group buying
BIC to sale-off 20% premium of BIC 24/24 for group buying From June 15th, 2012, BIC will sale off personal accident insurance for group buying customers at BIDV’s branches and transaction offices nationwide. - BIC: Earns VND42.383Bln Pretax Profit in 5M/2012
BIC: Earns VND42.383Bln Pretax Profit in 5M/2012 BIDV Insurance Corporation (BIC) earned VND42.383
billion in the first five months of this year, up 37.4% over the same
period in 2011. - BIC gains profit of 40b dong in first 4 months
BIC gains profit of 40b dong in first 4 months The Bank for Investment and Development of Vietnam (BIDV) Insurance Joint Stock Corp (BIC) has announced that it gained accumulative pre-tax profit of over 40 billion dong in the first four months of 2012, increasing by 50 percent against the same period last year.
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