Top 10 “Prestigious Life Insurance Companies” is an annual award announced from 2016 to present. In 2024, according to the announced and awarded results, Bao Viet Life continues to be the leading enterprise in the list of “Top 10 Prestigious Life Insurance Companies”. This is the 8th time Bao Viet Life has been honored in the leading position, affirming the prestige of a Vietnamese brand that is always dedicated to the interests of Vietnamese people.
Affirming the prestige of Vietnamese brands, always dedicated to the interests of Vietnamese people
Vietnam Report is the leading company in Vietnam in evaluating and classifying enterprises with many years of experience. The list of "Top 10 prestigious insurance companies" is built on scientific and objective principles. Enterprises are evaluated and ranked based on 3 main criteria: Financial capacity shown in the most recent financial report; Media reputation is assessed by the Media Coding method - encoding articles about enterprises on influential media channels; Consumer and stakeholder surveys are conducted and updated until May 2024.
After a difficult period, in 2024, the insurance market has shown signs of recovery along with the economic recovery. According to the Vietnam Insurance Association, in the first 6 months of the year, the number of newly exploited life insurance contracts reached 769,336 contracts. Total revenue from newly exploited insurance premiums is estimated at VND 12,063 billion and insurance benefit payments are estimated at VND 30,966 billion. Quickly adapting to changes, Bao Viet Life with a solid network of consultants has made a strong transformation and is always in the Top Companies leading the market in new exploited revenue, affirming the prestige of the national brand in the hearts of customers.
Bao Viet Life representative said: “ Brand reputation is a vital factor for life insurance companies and is also an invaluable asset that is always built and maintained in conjunction with the development of the business, especially for life insurance companies. 8 years leading the Top 10 “Prestigious Life Insurance Companies” is a testament to the continuous efforts and position of Bao Viet Life in the hearts of Vietnamese people, affirming the strength of the Vietnamese brand that is always steadfast for the benefit of Vietnamese people”.
28 years of "Giving more than commitment" dedicated to protecting Vietnamese families
In 1996, the Ministry of Finance signed a decision to establish Bao Viet Life, which is also the first life insurance company in Vietnam. Over the past 28 years, Bao Viet Life has not only fulfilled its commitment to customers in each insurance contract, but has always strived to give more than its commitment of good values, contributing to bringing a peaceful and happy life to the Vietnamese people.
Celebrating the 28th anniversary of the first life insurance contract on the market, Bao Viet Life launches a special gratitude program "Protect the whole family, travel freely" with extremely attractive prizes: Vinfast VF5 electric cars, VinFast Feliz S... The total prize value is nearly 5 billion VND for customers nationwide participating in new contracts. Through the program, Bao Viet Life hopes to spread the spirit of Vietnamese people supporting Vietnamese businesses, while encouraging a green lifestyle, proactively protecting health and finances. The program implementation period is from August 1, 2024 to October 31, 2024 (See program details here)
Up to now, Bao Viet Life has served more than 18.5 million customers, reinvested more than 319 trillion VND into the Vietnamese economy through government bonds. Over the past years, more than 15,000 people in difficult circumstances, hundreds of families with preferential policies, families with revolutionary contributions have received free medical examinations, more than 33,000 poor but studious students across the country have been awarded scholarships from the "Bike Fund for Dreams" to help shape their future, accompanying them on their way to school... The International Yoga Day program is organized annually by Bao Viet Life in many provinces and cities with meaningful activities that have spread the spirit of healthy living, helping to improve the quality of life of the people.
With its efforts to innovate and create in business activities and positive contributions to the community, Bao Viet Life is honored to be the only life insurance company to achieve the Vietnam National Brand, affirming its position and reputation in the life insurance industry.
Source: https://www.congluan.vn/ky-niem-sinh-nhat-28-nam-bao-viet-nhan-tho-tiep-tuc-dan-dau-top-10-cong-ty-bao-hiem-nhan-tho-uy-tin-nam-2024-post306482.html
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