Prudential revenue rises 20 per cent

Wednesday, Apr 18, 2018 17:44

A pop-up store of Prudential at a shopping mall in HCM City. — VNS Photo

Prudential Vietnam reported revenues from insurance operations of VND16.019 trillion (US$702.58 million) last year, an increase of 20 per cent, and annual premium equivalent of VND3.924 trillion, an increase of 12 per cent.

The insurer paid out VND6.26 trillion in settlements during the year.

Its total assets as at the end of the year were worth VND74.112 trillion.

Steve Clark, the company’s CEO, said: “We are grateful for the support and trust from our customers throughout 2017. We will also continue investing in Viet Nam and take part in bilateral collaborations to build a more sustainable economy and society.” — VNS

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