Prudential Vietnam profit falls 14% to $124 mln in 2023

Prudential Vietnam profit falls 14% to $124 mln in 2023

Life insurer Prudential Vietnam recorded post-tax profits of VND3,113.9 billion ($124.4 million) in 2023, down 14.4% year-on-year, according to the firm’s financial statements.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam H1 profits down for Prudential, Dai-ichi Life, up for AIA

Vietnam H1 profits down for Prudential, Dai-ichi Life, up for AIA

Foreign-invested life insurers in Vietnam have posted contrasting H1 post-tax profit figures, with that of Prudential down 40.5%, Dai-ichi Life's down 2.2%, and AIA’s up 19.2% year-on-year.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Generali Vietnam head becomes Manulife Vietnam CEO

Generali Vietnam head becomes Manulife Vietnam CEO

Canadian-invested life insurer Manulife Vietnam has appointed Tina Nguyen, who has nearly 20 years of experience in the sector, as its new CEO.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Prudential, MB Ageas, Sun Life, BIDV Metlife guilty of bancassurance violations

Prudential, MB Ageas, Sun Life, BIDV Metlife guilty of bancassurance violations

Life insurers Prudential, MB Ageas, Sun Life, and BIDV Metlife have been found guilty of bancassurance violations and will have to pay administrative fines to fix their wrongdoings, the Ministry of Finance said on Friday.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam's top 5 life insurance giants

Vietnam's top 5 life insurance giants

Baoviet Life, Dai-ichi, Prudential, Manulife and AIA were the top life insurers in Vietnam in terms of premiums from 2015-2022, according to the companies' reports.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Prudential Vietnam’s profit up 8-fold to $155 mln in 2022

Prudential Vietnam’s profit up 8-fold to $155 mln in 2022

Life insurer Prudential Vietnam recorded an after-tax profit of VND3.64 trillion ($155 million) in 2022, a 7.7-fold increase year-on-year, according to the firm’s report.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Prudential Vietnam records $327 mln operating profit in 2022

Prudential Vietnam records $327 mln operating profit in 2022

Prudential plc earned a pre-tax operating profit of $327 million from its Vietnam operations in 2022, up 3.15% year-on-year, according to the multinational insurer's annual report.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7

Baoviet, Manulife, Prudential top life insurers in Vietnam

Baoviet, Manulife, Prudential top life insurers in Vietnam

Baoviet Life, Manulife, and Prudential were the top life insurers in Vietnam in terms of insurance premiums in the first nine months of the year.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7