International awards solidify PVI's position as top non-life insurer in Asia

By Thai Ha
Wed, December 3, 2025 | 11:58 am GMT+7

PVI Insurance, the only non-life insurance company in Vietnam, has won two categories at the Insurance Asia News (IAN) Awards for Excellence 2025: General Insurer of the Year and Underwriting Initiative of the Year.

This double victory not only confirms PVI Insurance's leading position in the country, but also solidifies its place as one of the top insurers in Asia, standing shoulder-to-shoulder with global industry giants.

Each year, the prestigious IAN Awards recognize top insurance and reinsurance companies in the Asia-Pacific region.

The awards are carefully selected through a rigorous vetting process, based on the company’s capabilities and outstanding achievements over the year. They honor organizations that have made significant contributions and left a mark on the regional insurance market.

PVI Insurance emerged victorious in two important categories, surpassing several strong international nominees.

The General Insurer of the Year award is the most prestigious of the IAN Awards and is given to companies with a comprehensive product portfolio, strong distribution network, and excellent claims handling.

PVI Insurance’s win in this category demonstrates that the company has met the stringent criteria set by the award panel, confirming its ability to provide comprehensive insurance solutions, transparent and efficient claims services and its dominant position as a leading insurer in Asia.

Meanwhile, the Underwriting Initiative of the Year award recognizes companies with groundbreaking underwriting initiatives that expand the boundaries of traditional insurance. PVI Insurance’s win in this category highlights its international recognition for its ability to design, prices, and implemention of complex underwriting programs.

This achievement elevates the company’s quality of underwriting and extending its protection for specific risks, an area requiring deep expertise and high standards in the Asia-Pacific region.

PVI Insurance's success at the IAN Awards is the result of years of strategy focusing on three main pillars: product innovation and digitalisation of processes to enhance customer experience; enhancing risk management capabilities to international standards; and effectiveness of underwriting and reinsurance strengthening, particularly in high-expertise markets.

These efforts have helped PVI Insurance maintain its position as the number one non-life insurance company in Vietnam while expanding its influence on the international market, becoming one of the leading non-life insurance companies in the Asia-Pacific region.

Being honored in two key categories at the IAN Awards confirms the growing competitiveness of Vietnamese insurance companies on the international stage.

For PVI Insurance, this is an important milestone that further strengthens its image as a forward-thinking company, a leader in digital transformation and a steadfast advocate for sustainable growth.

This achievement also motivates PVI Insurance to continue expanding its operations, improving service quality and developing modern insurance products to meet the increasingly diverse needs of both corporate and individual clients domestically and internationally.

With the double win at the awards, PVI Insurance proves that its brand is not only successful in Vietnam, but has also made its mark on the continent, standing alongside major global insurance brands and ranking among the most respected in Asia.

PVI Insurance will continue to raise its operational standards in the future, collaborate with the business community, and contribute positively to the sustainable development of the Vietnamese insurance market, accompanying the nation as it enters a new era of growth.

Comments ( 0)
  • Read More
VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment

VN-Index approaches 1,800-point mark as easing Middle East tensions lift sentiment

Vietnam's benchmark VN-Index edged closer to the 1,800-point threshold on Monday as improving sentiment over easing tensions in the Middle East boosted risk appetite, driving gains in brokerage stocks while oil and Vingroup-related stocks weighed on the market.

Finance - Mon, June 15, 2026 | 8:34 pm GMT+7

Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules

Japanese products dominate Vietnamese consumer trust, but younger shoppers rewriting rules

Japanese products continue to enjoy the highest level of trust among Vietnamese consumers, reinforcing the country’s position as the benchmark for quality and reliability in one of Southeast Asia’s fastest-growing consumer markets, according to a new survey by market research firm Q&Me.

Economy - Mon, June 15, 2026 | 6:48 pm GMT+7

VinEnergo ramps up renewable energy push with 4 new subsidiaries

VinEnergo ramps up renewable energy push with 4 new subsidiaries

VinEnergo, the energy arm of Vietnamese conglomerate Vingroup, has accelerated its expansion into the power sector, establishing four new subsidiaries within a week as it builds a growing portfolio of renewable energy and infrastructure projects across Vietnam.

Companies - Mon, June 15, 2026 | 4:52 pm GMT+7

Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam

Thaco deepens ties with Hyundai Rotem to localize railway manufacturing in Vietnam

Vietnamese conglomerate Thaco and South Korea’s Hyundai Rotem have signed a detailed technology transfer and localization agreement for railway rolling stock production.

Industries - Mon, June 15, 2026 | 4:01 pm GMT+7

UOB Vietnam appoints Pham Hong Hai as deputy country CEO

UOB Vietnam appoints Pham Hong Hai as deputy country CEO

Singapore's United Overseas Bank (Vietnam) Limited on Monday appointed Pham Hong Hai, former CEO of HSBC Vietnam and later Vietnamese bank OCB, as deputy country CEO, effective immediately.

Banking - Mon, June 15, 2026 | 2:26 pm GMT+7

Shinhan Bank Vietnam launches AI translation desk, strengthening customer experience, digital innovation 

Shinhan Bank Vietnam launches AI translation desk, strengthening customer experience, digital innovation 

Shinhan Bank Vietnam has officially launched AI Translation Desk, an AI-powered interpretation solution designed to help foreign customers communicate more easily while using banking services in Vietnam.

Banking - Mon, June 15, 2026 | 12:03 pm GMT+7

FDI listings a missing piece in Vietnam's stock market development

FDI listings a missing piece in Vietnam's stock market development

As Vietnam's stock market moves closer to its long-awaited upgrade to secondary emerging market status and seeks to attract higher-quality capital, allowing more foreign-invested companies to list on domestic exchanges could broaden the pool of investable assets and support the next phase of capital market development.

Finance - Mon, June 15, 2026 | 11:14 am GMT+7

Chinese robot 'eyes' manufacturer builds 10-hectare factory in northern Vietnam

Chinese robot 'eyes' manufacturer builds 10-hectare factory in northern Vietnam

Orbbec Inc., a Chinese company specializing in 3D vision sensors and robotic hardware, is building an over-10-hectare manufacturing center in the northern province of Bac Ninh to serve international markets.

Industries - Mon, June 15, 2026 | 8:00 am GMT+7

Long Thanh airport project faces shortage of 2,000 workers

Long Thanh airport project faces shortage of 2,000 workers

The Long Thanh International Airport project in the southern province of Dong Nai is still short nearly 2,000 workers compared to actual requirements during its final acceleration phase.

Infrastructure - Sun, June 14, 2026 | 6:08 pm GMT+7

Nghi Son Refinery and Petrochemical Complex turns profitable in Q1 on full-capacity operations

Nghi Son Refinery and Petrochemical Complex turns profitable in Q1 on full-capacity operations

Operating at full capacity, the Nghi Son Refinery and Petrochemical Complex in Vietnam's central province of Thanh Hoa reported its first profit in Q1/2026, marking a significant turnaround after years of losses.

Economy - Sun, June 14, 2026 | 2:45 pm GMT+7

50 years of Gamuda Berhad and its urban development journey in Vietnam

50 years of Gamuda Berhad and its urban development journey in Vietnam

Celebrating 50 years of establishment and growth, Gamuda Berhad – one of Malaysia’s leading infrastructure and urban development groups – has evolved from an infrastructure specialist into an integrated urban developer with a growing presence across Asia.

Real Estate - Sun, June 14, 2026 | 11:21 am GMT+7

Industrials, technology top Vietnamese sectors in M&A transaction volume

Industrials, technology top Vietnamese sectors in M&A transaction volume

Vietnam’s M&A market recorded 24 transactions in May, with industrials, technology and healthcare sectors being the most active sectors in terms of transaction volume, writes Grant Thornton analysts.

Consulting - Sun, June 14, 2026 | 9:00 am GMT+7

Top Vietnamese garment maker Vinatex's H1 profit rises 14%, weak order visibility clouds outlook

Top Vietnamese garment maker Vinatex's H1 profit rises 14%, weak order visibility clouds outlook

Vietnam National Textile and Garment Group (UPCoM: VGT) reported consolidated profit growth of 14.4% in the first half of 2026, driven by a strong recovery in its yarn business, even as weakening global demand and uncertainty over U.S. trade policy cast a shadow over the sector’s outlook.

Companies - Sun, June 14, 2026 | 8:00 am GMT+7

Gamuda Land Vietnam recognized among Top 10 Enterprises Pioneering Green Transformation 2025-2026

Gamuda Land Vietnam recognized among Top 10 Enterprises Pioneering Green Transformation 2025-2026

Gamuda Land Vietnam has been recognized as one of the “Top 10 Enterprises Pioneering Green Transformation 2025-2026” at the 25th Golden Dragon Awards.

Companies - Sat, June 13, 2026 | 7:45 pm GMT+7

T&T pushes ahead with $97 mln industrial park project, eyes new urban area projects in northern Vietnam

T&T pushes ahead with $97 mln industrial park project, eyes new urban area projects in northern Vietnam

Vietnamese conglomerate T&T Group is seeking to accelerate five projects in Bac Ninh while proposing two new developments in this northern province.

Infrastructure - Sat, June 13, 2026 | 7:09 pm GMT+7

VinFast guns for 300,000 EV deliveries in 2026, spins off manufacturing operations

VinFast guns for 300,000 EV deliveries in 2026, spins off manufacturing operations

VinFast, the EV arm of Vietnamese conglomerate Vingroup (HoSE: VIC)⁠ targets at least 300,000 electric vehicle deliveries globally this year, up 52% year-on-year, while pursuing a restructuring plan aimed at improving capital efficiency, according to a report by Vietcap Securities⁠.

Companies - Sat, June 13, 2026 | 3:07 pm GMT+7