Prudential Vietnam holds biggest market share
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.
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