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BIDV Insurance

Insurance companies diverge on dividend distribution, some opt-out while others pay generously

Insurance companies diverge on dividend distribution, some opt-out while others pay generously

Petrolimex Insurance Joint Stock Corporation (PGI) maintained the same dividend rate as in 2022, which was 12 per cent in cash.
Insurance sector enjoys positive earnings, attracting investors

Insurance sector enjoys positive earnings, attracting investors

The insurance sector is attracting the attention of investors when it comes to investment portfolios because businesses in this group have also recorded positive results in recent years.
BIDV Insurance earns 9m in pre-tax profit

BIDV Insurance earns $9m in pre-tax profit

BIDV Insurance Corporation (BIC) has reported profit before tax of nearly VND203 billion (US$8.7 million) in 2018, beating its yearly target by 6.7 per cent. This number is also 8.8 per cent higher than the previous year.
Home solar systems get support from BIDV

Home solar systems get support from BIDV

A September 20 signing ceremony in HCM City saw the Bank for the Investment and Development of Viet Nam (BIDV), the BIDV Insurance Corporation (BIC) and Bach Khoa Energy Corporation (SolarBK) agree to Viet Nam’s first plan to guarantee financial...
Canadian insurance firm gets 35% BIC stake

Canadian insurance firm gets 35% BIC stake

Fairfax Asia Limited, a subsidiary of Canadian insurance and reinsurance firm Fairfax Financial Holdings Limited, bought 41 million shares in the BIDV Insurance Corporation (BIC) on January 5.
Canadian insurer to acquire BIDV Insurance stake

Canadian insurer to acquire BIDV Insurance stake

Canada''s Fairfax Asia Limited will acquire some 41 million shares, or 35 per cent, of BIDV Insurance Corporation, thus becoming a strategic investor in the firm.
BIDV Insurance to issue shares for foreign investors

BIDV Insurance to issue shares for foreign investors

BIDV Insurance Corporation will consult shareholders about a plan to issue 41 million shares for strategic foreign investors at its shareholders meeting on April 20.
Insurance industry to maintain growth

Insurance industry to maintain growth

After failing to grow by double-digits in 2013, the insurance market is expected to grow modestly this year, on the back of an economic recovery and stock market gains.