PVI Insurance Corporation has just announced business results for the first quarter of 2021.
Mr. Pham Anh Duc – General Director of PVI Insurance at the preliminary meeting of quarter I / 2021 At the end of the first quarter of 2021, PVI Insurance’s total revenue reached VND 2,894 billion, completing 112.7% of the quarterly plan and growing over 11% compared to the same period in 2020.
PVI Insurance’s pre-tax profit this quarter was VND 174.4 billion, completing 114.8% of the quarterly plan and growing 11.9% over the same period in 2020. In the first quarter of 2021, PVI Insurance launched its 40th member unit – PVI Thu Duc Insurance, located in Thu Duc new city. At the same time, PVI Insurance has signed a business cooperation agreement with VETC Automatic Toll Collection Co., Ltd. and TC Advisors Joint Stock Company (TCA) to expand the distribution channel to individual customers. E-commerce activities in the first 3 months of 2021 were also promoted by PVI Insurance with the addition of products to the www.pvionline.com.vn online sales channel and signing cooperation with partners with strengths in e-commerce in the market, developing new products. PVI Insurance is currently one of the leading insurers in issuance of compulsory civil liability e-insurance with 7,000 auto insurance applications (more than VND 6.3 billion in revenue), 5,000 motorcycle insurance applications (more than VND 430 million in revenue).
In the second quarter of 2021, PVI Insurance said it would develop a retail system, further boost e-commerce channels, and prepare conditions to continue maintaining the financial capacity rating with A.M Best.
Source: tinnhanhchungkhoan.vn – Translated by fintel.vn