PVI HOLDINGS (PVI)
Formerly known as PetroVietnam Insurance Company, PVI was founded in 1996. PVI was one of the first enterprises in Vietnam to implement equitization to become PetroVietnam Insurance Joint Stock Corporation in 2006, and listed on the stock market in 2007 with stock code PVI. In August 2011, PVI restructured successfully to operate on the parent company - subsidiary model. In particular, the parent company PVI Holdings performs main functions: capital management and investment; strategy management – planning; HR, brand and IT management; Member units perform business functions in four core areas:
- PVI Insurance Corporation operates in non-life insurance field
- PVI Reinsurance Joint Stock Corporation operates in reinsurance field
- PVI Sun Life Insurance Company Limited operates in life insurance field
- PVI Assest Management Joint Stock Company operates in asset management and financial investment
Undergone 19 years of development, PVI has received many honor awards and noble titles: the title Hero of Labor; Third-class Independence Medal; First, second and third-class Labor Medal; in the list Forbes Vietnam’s "50 Best Vietnamese Listed Companies"; annually in the list “Top 500 Fastest Growing Enterprise” and “Vietnam’s Strong Brands”.
Currently, A.M Best’s rating of financial capacity of PVI Insurance at B++ (Good) and PVI Reinsurance at B+ (Good).
Vision and mission
Building up PVI to become a sustainable and professional Finance – Insurance Group with international brand name based on intellectuality, technology, transparent corporate governance, aiming to give the highest return on investment to shareholders, constantly improve the life conditions for employees, contribute more and more to society.