PVI Insurance is on the continental awards map

(Dan Tri) - PVI Insurance continues to make its mark on the international arena when it was honored as "Top 3 non-life insurance companies of the year" at the 29th AIIA Awards.

Honored at continental awards

The Asia Insurance Industry Awards (AIIA) is the continent's leading annual event, organized by Asia Insurance Review (AIR) - a magazine specializing in the insurance industry.

The award aims to honor organizations and individuals with outstanding contributions, creativity and outstanding efficiency in insurance and reinsurance activities in Asia, especially outstanding contributions to the community.

The award brings together the largest insurance companies in Asia and many major financial centers of the continent. PVI Insurance being named in the “Top 3 non-life insurance companies of the year” is a testament to the capacity, courage and international vision of a Vietnamese enterprise in the international market.

PVI Insurance was honored in the “Top 3 non-life insurance companies of the year” at the 29th Asia Insurance Industry Awards (AIIA) (Photo: PVI Insurance).

Strong growth, international standard management

The awards council highly appreciated PVI Insurance for its breakthrough growth capacity, transparent risk management and comprehensive digital transformation vision, factors that help the enterprise firmly maintain its leading position in the Vietnamese non-life insurance market.

In 2024, the company achieved total revenue of VND 20,405 billion, an increase of nearly 40% over the previous year. By the first 9 months of 2025, PVI Insurance had completed 108% of the yearly plan, achieving VND 21,538 billion in revenue and VND 1,148 billion in pre-tax profit, an impressive result in the context of the global non-life insurance market facing many fluctuations.

Along with business results, PVI Insurance has been maintained at A (excellent) by international credit rating organization AM Best for 3 consecutive years. Along with charter capital increased to 4,320 billion VND, PVI Insurance has affirmed its strong financial foundation and increasingly expanding international cooperation capacity.

PVI Insurance meets customers and partners in a private meeting room at the conference (Photo: PVI Insurance).

In the reinsurance sector, the company recorded a growth rate double that of the same period last year, contributing positively to business results and affirming its capacity to exploit the global market.

At the same time, PVI Insurance is a pioneer in applying digital technology , strongly expanding bancassurance channels, e-commerce, and the B2B2C model (business-to-business cooperation to bring insurance products to consumers) to help customers access insurance services quickly, transparently and conveniently.

The “Risk Partner” model - accompanying customers throughout the entire risk life cycle - has made PVI Insurance a strategic risk management partner, instead of just an insurance product provider. This approach is one of the factors that helped PVI Insurance make its own mark at this year’s AIIA awards.

Affirming the stature of Vietnamese enterprises on the Asian insurance map

“Top 3 non-life insurance companies of the year” is not only a recognition of PVI Insurance’s efforts but also an important milestone for the Vietnamese insurance industry on its integration journey.

From a domestic brand, PVI Insurance has expanded to the continent, participating in projects and reinsurance contracts in China, Malaysia, Germany, the US and many other countries, gradually building the image of a Vietnamese enterprise of international stature.

Representatives of PVI Insurance's board of directors took souvenir photos with customers and partners (Photo: PVI Insurance).

With its current scale and growth rate, PVI Insurance is approaching its goal of becoming the first insurance company in Vietnam to reach a revenue of 1 billion USD with more than 1,000 billion VND in profit in 2025.

PVI Insurance representative, Mr. Duong Thanh Francois - Chairman of the Board of Directors - shared: "This is a worthy recognition for our breakthrough efforts in the journey to maintain the leading position in the Vietnamese non-life insurance market, while affirming the Vietnamese brand's mark on the insurance map of the Asian region, demonstrating our capacity - prestige - aspiration to reach international level".

Source: https://dantri.com.vn/kinh-doanh/bao-hiem-pvi-ghi-danh-tren-ban-do-giai-thuong-chau-luc-20251105141646484.htm