BIC: Earns VND42.383Bln Pretax Profit in 5M/2012
BIDV Insurance Corporation (BIC) earned VND42.383 billion in the first five months of this year, up 37.4% over the same period in 2011.
BIC generated revenue of VND392.839 billion in 5M/2012, of which it collected VND281.541 billion insurance premiums.
By the end of May/2012, the company had total assets of VND2.232 trillion, up 67.5% on year and total equity of VND706.395 billion.
BIC generated revenue of VND392.839 billion in 5M/2012, of which it collected VND281.541 billion insurance premiums.
By the end of May/2012, the company had total assets of VND2.232 trillion, up 67.5% on year and total equity of VND706.395 billion.
Regarding sales and distribution channel, in Jan-May 2012, BIC has launched demand research and market survey to improve and introduce new individual insurance products.