Introduction

Petrovietnam Insurance Joint Stock Corporation (PVI) is a Vietnam-based insurance company. It offers insurance underwriting services to casualties and damages to clients in energy, transportation, construction, engineering and agriculture sectors. Additionally, the Company is also involved in the provision of insurance services for travels, accidents and medical illnesses to consumer clients. Other operations include reinsurance underwriting, loss valuation, as well as the offering of other insurance related services.

Business sector

  • Oil & Gas Insurance: Bodily injury and Property damage Insurance for oil and gas lease; operators, drilling contractors and oil or gas well service contractors; Drilling Barge - All risks;  Platform - All risks; Oil and gas well drilling equipment floater (All risks); Energy Exploration and development (Control of Well);  Offshore construction projects (Welcar);
  • Marine Insurance: Hull, P & I,  Personal Accident of Crew, Cargo (by air, by sea, by train, by land), Engineering Insurance, Construction all risks, Erection all risks, Electronic equipment,  Machinery breakdown;
  • Property Insurance: Property all risks, Fire & special risks, Money insurance, Theft insurance;
  • Liability Insurance: Third party Liability, Product Liability, Workmen Compensation, Public liability, Professional indemnity insurance design and consult risks, Professional indemnity, Workmen Compensation for Construction Projects (compulsory);
  • Personal Insurance: Personal accident insurance, life insurance, hospitalization and surgical allowance, comprehensive personal insurance, travel insurance inside Vietnam, travel insurance for Vietnamese traveling abroad, travel insurance for foreigners in Vietnam, personal accident insurance for foreigners with limit liability above 10,000 USD.
  • Motor Vehicle Insurance: Motor Vehicle Owners' Civil Liability for Third Party and Passengers, motor vehicle owners' civil liability to goods in transit, motor vehicle physical damage insurance, personal accident of drivers, drivers' assistants and passengers;
  • Voluntary medical insurance and other insurance;
  • Reinsurance business: inward reinsurance and outward reinsurance.
  • Investment activities in banking and stock market, real estates, enterprise and government bonds, lending, deposit, capital contribution…
  • Other Services: risk management and consultancy; survey, inspection, loss adjusting, claims compensation and subrogating, etc.

History

Date of incorporation 23/01/1996
Certificate of registration number 0100151161
Date of issue 13/02/2023
Capital 2,342,418,670,000
Tax Code 0100151161
Sectors & Industries Financial Services > Specialty Finance

  • The precursor of Petrovietnam Insurance Joint Stock Corporation was Petrovietnam Insurance Company, which was established on Jan 23, 1996 following Decision No. 12/BT of the Government Office’s Chairman. It received certificate and operational license No. 07 TC/GCN dated Dec 02, 1995 from the Ministry of Finance.
  • Following Decision No. 3484/QD-BCN dated Feb 15, 2007 of the Ministry of Industry, the company was equitized and became Petrovietnam Insurance Joint Stock Corporation. On Mar 12, 2007, the company was granted establishment and operation license No. 42 GP/KDBH by the Ministry of Finance.
  • On Aug 10, 2007, the company’s shares were officially listed on the Ha Noi Stock Exchange.
  • Itscharter capital as of Nov 2014 was VND 2.342.418.670.000.

Listing information

Date of listing 13/02/2023
Stock exchange HASTC
Par Value 10,000
Initial Listing Price 92,000
Listing Volume 234,241,867
Total Listing Value 2,342,418,670,000

Management team

Jens Holger Wohlthat Chairman of the Board of Directors
Nguyễn Xuân Hòa Vice-chairman of the Board
Dương Thanh Danh Francois Vice-chairman of the Board
Christian Sebastian Mueller Members of the Board
Ulrich Heinz Wollschläger Members of the Board
Bùi Thị Nguyệt Members of the Board
Đoàn Linh Members of the Board
Pecastaing Pierre Tatiana Members of the Board
Hà Lan Board of internal controllers
Trần Trọng Bình Member of the Board of Internal controllers
Lê Tài Đức Member of the Board of Internal controllers
Daryl John Vella Member of the Board of Internal controllers
Nguyễn Xuân Hòa Chief of Executive Officer
Đỗ Tiến Thành Deputy CEO
Phạm Anh Đức Deputy CEO
Vũ Văn Thắng Deputy CEO
Phùng Tuấn Kiên Deputy CEO
Trần Duy Cương Chief Accountant
Phùng Tuấn Kiên Representative Spokesman