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

Thursday, May 09, 2024

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

Saturday, Aug 12, 2023

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

Tuesday, Jan 22, 2019

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

Friday, Sep 21, 2018

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

Friday, Jan 08, 2016

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.

Insurance industry to maintain growth

Monday, Jan 13, 2014

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.