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VietNamNews

Prudential Vietnam holds biggest market share

Update: April, 12/2012 - 09:59

HCM CITY — The life insurance company Prudential Vietnam had its largest share of the market last year, at 39 per cent, from total premium revenue of VND6 trillion (US$287 million).

The figure shows a 12 per cent growth over the previous year. Of the revenue, new business premiums represented VND1.4 trillion ($66.7 million).

The company also gained an investment income of VND2.872 trillion ($137 million), up 28 per cent over 2010.

All the operations have resulted in a total pre-tax profit of VND993 billion, making the eighth consecutive profitable year for the insurer, which has been in Viet Nam for 12 years. — VNS

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