With more than fifty years of strong development, Baoviet has continuously ranked tops in terms of revenue, market share, and growth. Baoviet Insurance is currently an insurance enterprise with the largest charter capital in the market, strong financial capability, diverse products, outstanding service quality, and highly qualified staff.
Baoviet Insurance has tirelessly fulfilled its role and responsibility of a preeminent insurer in Vietnam in assisting and settling claims for customers as well as in implementing social security, thereby ensuring sustainable development and contributing to improving the community’s quality of life.
Baoviet Insurance launched new products, which are Guarantee Insurance, Credit Insurance, and Data & Cyber Security Insurance for business customers. In addition, it officially became a founding member of the Asia Guarantee & Credit Insurance Association (AGCIA).
Vietnam’s first mobile application of integrated insurance management for individual customers. Baoviet also increased its charter capital to VND 2,900 billion, affirming its position as the number one non-life insurer in the industry.
In the same year, Baoviet Insurance introduced Travel Easy - Flight Easy - Gadget Easy products and Ecargo Policy that are developed based on new technology. Thanks to them, customers are able to be fully proactive in purchasing, registering, managing, and tracking their insurance orders through online software.
Baoviet Insurance pioneered to launch the Golf Insurance Package in Vietnam with insurance benefits up to VND 1 billion. In August 2018, Baoviet Insurance increased its charter capital from VND 2,300 billion to VND 2,600 billion and strengthened its financial
capability to provide insurance services for major projects, increased its ability to commit and pay insurance benefits for customers, and ensuring high efficiency in risk management
bringing the total number of subsidiaries across the network to 79. The Corporation maintained its leading position in the non-life insurance market with nearly 20% of market share and remained the first and only insurer to reach the original insurance premium of over VND 8,000 billion, equivalent to a growth of 22.5%, almost double the average growth rate of the market.
Baoviet Insurance celebrated its 50th anniversary
Baoviet Insurance became the leading enterprise in terms of charter capital in the field of Non-Life Insurance in Vietnam
with the slogan “Your trust, our commitment” and conducted an initial public offering
Baoviet Insurance was officially separated into an independent accounting unit
With the slogan "Growth by serving our customers" set as the top priority, Baoviet continued to diversify and improve product quality for customers
Vietnam Insurance Corporation won the title of "Special Grade State-owned Enterprise" and became one of the 25 largest state-owned enterprises in Vietnam
Vietnam Insurance Company was reformed into Vietnam Insurance Corporation under Decision 27/TCQD-TCCB of the Ministry of Finance dated February 17Phát triển thành Tổng Công ty Bảo hiểm Việt Nam theo Quyết định số 27-TCQĐ-TCCB ban hành bởi Bộ Tài chính ngày 17/02.
with an extensive network and wide range of products such as aviation insurance, personal insurance, vehicle insurance, and marine insurance
Vietnam Insurance Company served a small group of customers that were State economic bodies doing business in the field of import and export and shipping in the North of Vietnam
from January 15 with the head office in Hanoi and a single branch in Hai Phong
Vietnam Insurance Company was established according to the Government’s Decision 179/CP dated December 17
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