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BAO MINH INSURANCE CORPORATION

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Presentation on theme: "BAO MINH INSURANCE CORPORATION"— Presentation transcript:

1 BAO MINH INSURANCE CORPORATION

2 CONTENT Corporate Profile 20 – years - Journey
“First – things” of Bao Minh Organization Chart Shareholders Reinsurers Direct Insurance Consolidated Business Target for 2017 Branches

3 CORPORATE PROFILE Company’s name: BAO MINH INSURANCE CORPORATION
Abbreviated name: BAO MINH Head Office: 26 Ton That Dam St, Dist 1, HCMC, VN Tel: (+84.8) Fax: (+84.8) Hotline 24/7: 1800 – (Free Incoming Calls) Website:

4 CORPORATE PROFILE Incorporation and operation form:
Date of incorporation: November 28th,1994 From 1994 – 2004: Stated owned Enterprise From 10/2004: Join Stock Company Stock code: BMI Date of listed: November 28th,2006 at HNX April 21st,2008 at HoSE

5 CORPORATE PROFILE Charter capital: 1.100 VND Bilion
Owner’s equity: VND Bilion Total Assets: 5,625 VND Bilion Scope of Activities: Non-life Insurance Non-life reinsurance Financial investment

6 CORPORATE PROFILE Personnel: 1.710 staffs 3.699 agents
Operation Network:23 Functional Divisions 01 Training Center 59 branches through out the country

7 CORPORATE PROFILE VISION
Always to be one of the leading non-life insurance companies in Vietnam, operatting in the field of financial services and insurance. Mission Bringing safety and stability for the economy and society. Contributing to the strong development of Vietnam/s insurance market Bringing benefits to shareholders and creating jobs for people

8 CORPORATE PROFILE Motto of Action
Safety, happiness and success of clients and society are our targets. Slogan of Action Bao Minh – Whole – Hearted Service Slogan of Advertising Think Insurance, Think Bao Minh

9 "FIRST – THINGS" OF BAO MINH
The first Non-life Insurance Company was established by Decree 100-CP, December 18th,1993 of Government about Insurance Business 2004, Bao Minh was the first company privatized by the choice of Government 2006, Bao Minh was the first insurance company gone public in Viet Nam’s securities market

10 "FIRST – THINGS" OF BAO MINH
2007, Bao Minh was the first Insurance Company invited foreign strategic shareholder – Europe top ranking AXA.SA (France) and raised charter capital from 434 VND bilion to 755 VND bilion 2008, Bao Minh was the first insurance company deployed Policy/Asia soft on managing insurance business

11 BUSINESS RESULT (UP TO 31/12/2016)
Total premium income: VND Billion Profit before tax: 222,7 VND Billion Profit after tax : ,4 VND Billion Market share 2016: 8,38 % (rank 3/29 non-life (Up to 31/12/2016) insurance company)

12 23 Functional Divisions at head office
550 transaction office 1710 Staffs 3.699 Professional agents 59 Branches in the whole Viet Nam

13 Contribute capital Shareholder Fund Rate
State Capital Investment Corporation 50,70% AXA.SA - France 16,65% Firstland Company Limited 5,63% Bao Minh’s staff and other shareholders 27,02 Include 100%

14 INTERNATIONAL REINSURERS

15 INTERNATIONAL REINSURERS

16 DIRECT INSURANCE Health & Personal Accident Insurance Motor Vehicle Insurance Property Insurance Responsible insurance BAO MINH provides more than 100 insurance products appertain 08 direct insurance Marine Cargo Insurance Marine Insurance Aviation insurance Agriculture Insurance

17 CONSOLIDATED BUSINESS TARGET FOR 2017
A. GOAL EFFECTIVE & SUSTAINABLE DEVELOPMENT B. TARGETS Total premium income: VND Billion Including: Total direct insurance premium income: VND Billion Total inward reinsurance premium income: VND Billion Premium income from financial activities: VND Billion Profit before tax: VND Billion

18 BRANCHES 19 BRANCHES AT NORTHERN BM Bắc Giang BM Lạng Sơn
BM Thái Nguyên BM Bắc Ninh BM Lào Cai BM Thăng Long BM Đông Đô BM Nam Định BM Vĩnh Phúc BM Hà Nam BM Ninh Bình BM Yên Bái BM Hà Nội BM Phú Thọ BM Hải Dương BM Quảng Ninh BM Hải Phòng BM Thái Bình BM Hưng Yên

19 BRANCHES 19 BRANCHES AT CENTRE BM Bình Định BM Khánh Hòa BM Quảng Ngãi
BM Bình Thuận BM Lâm Đồng BM Quảng Trị BM Đà Nẵng BM Nghê An BM Thanh Hóa BM Đắk Lắk BM Ninh Thuận BM Thừa Thiên Huế BM Đắc Nông BM Phú Yên BM Gia Lai BM Quảng Ninh BM Hà Tĩnh BM Quảng Nam BM Kon Tum

20 BRANCHES 21 BRANCHES AT SOUTHERN BM An Giang BM Cần Thơ BM Sóc Trăng
BM Vũng Tàu BM Chợ Lớn BM Tây Ninh BM Bạc Liêu BM Đồng Nai BM Tiền Giang BM Bến Thành BM Đồng Tháp BM Trà Vinh BM Bến Tre BM Gia Định BM Vĩnh Long BM Bình Dương BM Kiên Giang BM Bình Phước BM Long An BM Cà Mau BM Sài Gòn

21 BAO MINH INSURANCE CORPORATION
Whole – Hearted Service We undertake to bring to you feel secure by the best professional services Standard guide Unify activities

22 BAO MINH INSURANCE CORPORATION
THANK YOU


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