Prudential revenue rises 20 per cent

April 18, 2018 - 19:00

Prudential Vietnam reported revenues from insurance operations of VNĐ16.019 trillion (US$702.58 million) last year, an increase of 20 per cent, and annual premium equivalent of VNĐ3.924 trillion, an increase of 12 per cent.

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

Viet Nam News

HCM CITY — Prudential Vietnam reported revenues from insurance operations of VNĐ16.019 trillion (US$702.58 million) last year, an increase of 20 per cent, and annual premium equivalent of VNĐ3.924 trillion, an increase of 12 per cent.

The insurer paid out VNĐ6.26 trillion in settlements during the year.

Its total assets as at the end of the year were worth VNĐ74.112 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 Việt Nam and take part in bilateral collaborations to build a more sustainable economy and society.” — VNS

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