VNR earns $12.4 million in pre-tax profits

The Vietnam National Reinsurance Corporation (VNR) earned pre-tax profits of VND278 billion (US$12.4 million) in 2015, more than twice the company's target for last year, it was reported at its shareholder's meeting on Friday.

In 2016, VNR will expand its risk management mechanisms and improve its business performance to increase its market share in the reinsurance sector. Further, this year, the company will work to better its performance in some insurance business segments, such as cancer insurance, credit insurance and natural disaster insurance, while providing an improved added value chain for customers, while increasing its competitiveness in both domestic and overseas markets.

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