Vietnam National Reinsurance Corp 2023 AR2

The report highlights Vietnam National Reinsurance Corporation's (VINARE) performance and sustainable development achievements in 2023, marking its 30th anniversary. The company achieved a total revenue of VND 3,319 billion, with gross written premiums growing by 13% year-on-year to VND 2,677 billion. Pre-tax profit increased by 7.8% to VND 473.6 billion, driven by strong core business growth and successful overseas expansion. VINARE established its Risk Management and Sustainable Development Subcommittee (ESG) in early 2024 and integrated ESG criteria into its underwriting, investment, and operations. The company also maintained its AM Best financial strength rating of B++ with a stable outlook.

Company: Vietnam National Reinsurance Corp

Sector: Financials

Country: Vietnam

Year: 2023

Type: AR2

Pages: 105

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Vietnam National Reinsurance Corp

Vietnam National Reinsurance Corp 2023 Annual Report

Annual Report

The report highlights Vietnam National Reinsurance Corporation's (VINARE) performance and sustainable development achievements in 2023, marking its 30th anniversary. The company achieved a total revenue of VND 3,319 billion, with gross written premiums growing by 13% year-on-year to VND 2,677 billion. Pre-tax profit increased by 7.8% to VND 473.6 billion, driven by strong core business growth and successful overseas expansion. VINARE established its Risk Management and Sustainable Development Subcommittee (ESG) in early 2024 and integrated ESG criteria into its underwriting, investment, and operations. The company also maintained its AM Best financial strength rating of B++ with a stable outlook.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees