As a member of PVI Holdings, PVI Re inherits all achievements of the former PVI in its reinsurance businesses. PVI Re will leverage this advantage to better its products and services and to expand its presence in the marketplace.
Our objective is to become an internationally recognized reinsurance company and our mission is to maintain a fast yet sustainable development with a good focus on the benefits of stakeholders.
2011
- Established according to the license No. 66GP/KDBH issued on 20th July, 2011 by Ministry of Finance
- Charter capital: 460 billion VND
- Written premium: 79 billion VND
- Profit before tax: 11 billion VND
2012
- March, 2012: PVI Re was affirmed financial strength rating (FSR) of B+ (Good) and the issuer credit rating (ICR) of “bbb-“ by A.M.Best
- Revenue: 1.250 billion VND
- Profit before tax: 31 billion VND
2013
- PVI Re successfully transferred to the model of joint-stock corporation according to the license No. 86GP/KDBH issued on 1st October, 2013 by Ministry of Finance
- Charter capital: 668 billion VND
- Planned revenue: 1.430 billion VND
- Planned profit before tax: 90 billion VND
Objectives: to become internationally recognized reinsurance company and keep rapid and sustainable growth while ensure relative parties’ benefit.