Vietnam National Reinsurance Corp.
HHNX:VNR18,100.00
VND
+300.00
(+1.69%)
ISIN
VN000000VNR7
Return %
Stock
S&P 500
1Y
-6.38
14.20
3Y
-7.65
81.12
5Y
-35.14
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Dung Xuan Mai
- Full Time Employees
- 106
- Sector
- Finance
- Industry
- Specialty insurance
- Address
- Hanoi Vietnam
- IPO Date
- Mar 13, 2006
- Website
- vinare.com.vn
- Similar Companies
- Business
- Vietnam National Reinsurance Corporation (VINARE) is a Vietnam-based financial services provider primarily engaged in the provision of non-life and life reinsurance underwriting, retrocession management, risk management advisory, and capital investment activities. The company offers a comprehensive portfolio of treaty and facultative reinsurance solutions across diverse insurance classes, including property and fire reinsurance covering industrial, commercial, and residential risks; engineering and construction reinsurance, comprising contractor all risks, erection all risks, machinery breakdown, and electronic equipment coverage; marine reinsurance, encompassing marine cargo, marine hull, and protection and indemnity (P&I) solutions; aviation reinsurance covering aircraft hull, spares, and aviation liability; energy reinsurance designed for onshore and offshore oil, gas, petrochemical, and power generation facilities; casualty and liability reinsurance, including general third-party liability, product liability, professional indemnity, and employer liability; motor vehicle and personal accident reinsurance; life and healthcare reinsurance; and agricultural reinsurance programs. In addition to primary reinsurance underwriting, VINARE provides insurance ancillary services, such as risk survey and loss prevention advisory, technical underwriting training, claims management, risk modeling, and capacity arrangement, while managing an investment portfolio comprising fixed-income assets, equities, and real estate. The corporation serves domestic non-life and life insurance underwriters, regional reinsurers, and international brokers across Vietnam, Southeast Asia, and selected global markets. Founded in 1994 and headquartered in Hanoi, Vietnam, VINARE operates as the national reinsurer and trades on the Hanoi Stock Exchange under the ticker symbol VNR, maintaining core institutional partnerships with major shareholders including the State Capital Investment Corporation (SCIC) and strategic partner Swiss Re. In recent developments, VINARE has advanced its 2025–2030 corporate development strategy centered on strict underwriting discipline, capital optimization, and sustainable portfolio growth aimed at securing an international credit rating upgrade. The corporation has consistently maintained affirmed Financial Strength Ratings of B++ (Good) and a National Scale Rating of aaa.VN (Exceptional) from AM Best, supported by balance sheet strength assessed at the strongest capitalization level. Additionally, VINARE has expanded its integration of environmental, social, and governance (ESG) criteria by prioritizing underwriting capacity for renewable energy and sustainable infrastructure developments, alongside deploying modernized digital infrastructure to enhance reinsurance processing, risk analytics, and stakeholder engagement.