Introduction

Petrolimex Insurance Corporation provides various non-life insurance products primarily in Vietnam. The company offers automobiles/motors, personal, and cargo insurance; marine vessels insurance, such as hull insurance, and P&I insurance; liability insurance; and property insurance comprising fire and special perils, business interruption, and product and public liability insurance. It also provides engineering insurance products, including contractors’ and erection all risks insurance; machinery, boiler and pressure vessel insurance; contractors’ plant and machinery insurance; electronic equipment insurance; deterioration of stock in cold storage insurance; machinery loss of profit insurance; civil engineering completed risks insurance; and leasing machinery all risk insurance. The company was founded in 1995 and is headquartered in Hanoi, Vietnam.

Business sector

  • Providing voluntarily heath insurance; providing insurance regarding life, assets, road transport, marine and waterway transport, railway transport,  hull, shipowner’s civil liabilities, general liabilities, vehicle and fire;
  • Acquiring and transferring re-insurance regarding the below-mentioned fields;
  • Engaging in capital investment (according insurance business law dated Dec 12, 2000);
  • Providing inspection, investigation, loss calculation and distribution, claim settlement and claim from third-party services; as inspection agency;
  • Leasing office;
  • Buying, selling, trading, repairing, and providing rescue service for automobile spare parts;
  • Providing hotel, restaurant, tourism and other services;
  • Trading, developing houses and engaging in other real estate activities;
  • Trading goods; engaging in commercial activities; as bidding and brokerage agency;

History

Date of incorporation 15/06/1995
Certificate of registration number 67GP/KDBH
Date of issue 25/04/2011
Capital 1,108,967,960,000
Tax Code 67GP/KDBH
Sectors & Industries Insurance > Full Line Insurance

  • Petrolimex Insurance Corporation (previously known as PJICO Insurance Corporation) was established following License No. 1873 dated Jun 15, 1995 by the Chairman of Ha Noi People’s Committee with operation duration of  25 years. Its initial charter capital was VND 32.042.000.000.
  • On Jun 30, 2003, charter capital wad adjusted to VND 69.298.900.000 via issuing additional and bonus shares to existing shareholders.
  • On Jan 31, 2006, charter capital was adjusted to VND 137.159.900.000 via issuing additional shares to existing shareholders.
  • On Feb 10, 2008, charter capital was adjusted to VND 335.099.010.000 via issuing shares to existing shareholders and employees.
  • On Oct 06, 2010, charter capital was adjusted to VND 709.742.180.000 via issuing shares and paying dividends to shareholders.
  • On Jun 08, 2011, the Ho Chi Minh City Stock Exchange officially allowed the company to list shares on the exchange (stock code:  PGI, listing volume: 70,974,218 shares). The first trading date was on Jul 29, 2011.

Listing information

Date of listing 25/04/2011
Stock exchange HOSTC
Par Value 10,000
Initial Listing Price 12,800
Listing Volume 110,896,796
Total Listing Value 1,108,967,960,000

Management team

Phạm Thanh Hải Chairman of the Board of Directors
Trương Diệu Linh Members of the Board
Lee, Jae Hoon Members of the Board
Trần Thị Bảo Ngọc Members of the Board
Lê Thị Lan Anh Members of the Board
Hà Kim Anh Members of the Board
Nguyễn Thị Hương Giang Members of the Board
Nguyễn Thị Hương Giang Chief of Executive Officer
Bùi Hoài Giang Deputy CEO
Trần Hoài Nam Deputy CEO
Bùi Văn Thảo Deputy CEO
Trần Anh Tuấn Deputy CEO
Lê Thanh Đạt Deputy CEO
Phạm Thu Hiền Chief Accountant
Trần Anh Tuấn Representative Spokesman