Introduction

BaoMinh Insurance Corporation is a Vietnam-based insurance company. It mainly offers life and non-life insurance services, as well as engages in reinsurance, damages valuation, and portfolio management. Life insurance services are engaged in the insurance of personal health and accidents, while non-life insurance services are of property, fire, explosion, vehicles, and transportation insurance. The Company has one affiliate, and is under control of State Capital Investment Corporation (SCIC).

Business sector

  • Insurance Business:  Insurance of goods transported by road and sea, river, rail and air ; Hull insurance and liability of the ship owner,   Fire and Explosion Insurance,  Assets Insurance and losses Insurance, General Liability Insurance,  Aviation Insurance, Motor Vehicle Insurance, Health insurance and accident  insurance ,  Agriculture insurance; other types of other non-life insurance
  • Reinsurance business: Receive and transferring reinsurance for non-life insurance
  • Loss inspection: Inspection, investigation, calculation and allocation of losses, loss assessment agency, requirement of reimbursement from the  third party
  • Investment activities in the following areas:  buying government bonds; buying stocks, corporate bonds; doing property business;  contributing capital to other enterprises;  giving loans in accordance with the Law on Credit Institutions; making deposit in credit institutions
  • Other activities as prescribed by law

History

Date of incorporation 28/11/1994
Certificate of registration number 27GP/KDBH
Date of issue 08/09/2004
Capital 1,205,854,080,000
Tax Code 0300446973
Sectors & Industries Insurance > Full Line Insurance

  • Bao Minh Insurance Company was established under Decision No. 1164TC/QD/TCCB on Nov 28, 1994 as a 100% state-own company under the Ministry of Finance.
  • In 2004, Bao Minh Insurance Company was equitized according to Decision No 1691/2004/QD-BTC dated June 03, 2004 and No 2803 / QD-BTC dated Aug 30, 2004 of the Ministry of Finance.
  • In Oct 01, 2004, Bao Minh Insurance Corporation officially came into operation
  • The company was officially approved to list its share in Ho Chi Minh Stock Exchange on Apr 11, 2008
  • On June 15, 2007, Bao Minh Insurance Corporation’s charter capital was adjusted to VND755 billion
  • As of Nov 10, 2016, its charter capital was VND 913.540.370.000.

Listing information

Date of listing 08/09/2004
Stock exchange HOSTC
Par Value 10,000
Initial Listing Price 48,000
Listing Volume 120,585,408
Total Listing Value 1,205,854,080,000

Management team

Đinh Việt Tùng Chairman of the Board of Directors
Lê Việt Thành Members of the Board
Tam Kwok Wing Members of the Board
Vũ Anh Tuấn Members of the Board
Bùi Thị Thu Thanh Members of the Board
Callard Stumpf Céline Members of the Board
Trần Văn Tá Members of the Board
Lê Minh Tuyết Board of internal controllers
Yau Chun Hung Member of the Board of Internal controllers
Nicolas De Nazelle Member of the Board of Internal controllers
Phan Thị Hồng Phương Member of the Board of Internal controllers
Vũ Anh Tuấn Chief of Executive Officer
Châu Quang Linh Deputy CEO
Nguyễn Ngọc Anh Deputy CEO
Vũ Hải Lâm Deputy CEO
Phạm Minh Tuân Deputy CEO
Sái Văn Hưng Chief Accountant
Nguyễn Minh Phượng Representative Spokesman