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Topic
Bond Market
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Profit growth setting up PVI Insurance for further gains
Despite mounting hardships, many businesses have weathered stormy times to post upbeat performance – and Vietnam’s most profitable non-life insurer, PVI Insurance, is a shining example. Leveraging flexible adaption plans, timely introduction of synchronised measures for both retail and wholesale services, and accelerated sales of insurance products via e-commerce platforms…
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German insurer moves for prized PVI
Germany’s third biggest insurer, Talanx Group, agreed to invest VND1.92 trillion ($92 million) in Vietnam’s PVI Holdings on Wednesday, August 17. The foreign insurer, via its unit HDI-Gerling Industrie Versicherung AG, will buy a 25 per cent stake in PVI’s enlarged share capital, according to a PVI statement. The shares…
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