Bao Minh Insurance Corp.
HHOSE:BMI14,000.00
VND
0.00
(0.00%)
ISIN
VN000000BMI0
Return %
Stock
S&P 500
1Y
-26.32
14.20
3Y
-21.79
81.12
5Y
-53.78
68.34
Capital Structure
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Tuan Anh Vu
- Full Time Employees
- 1,575
- Sector
- Finance
- Industry
- Property/Casualty insurance
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Nov 28, 2006
- Website
- baominh.com.vn
- Similar Companies
- Business
- Bao Minh Insurance Corporation is a Vietnam-based financial services company engaged in the provision of non-life insurance, reinsurance underwriting, loss assessment, and financial investment activities. The company offers a comprehensive range of insurance products and solutions across diverse business segments, including: Motor Vehicle Insurance, comprising compulsory third-party liability, comprehensive motor hull, physical damage, and driver and passenger personal accident coverage; Health and Personal Accident Insurance, encompassing group employee benefits schemes, individual healthcare policies, hospitalization cash allowances, student safety plans, and personal accident coverage; Property and Engineering Insurance, providing fire and special perils, industrial all risks, construction and erection all risks, electronic equipment protection, and machinery breakdown policies; Marine and Cargo Insurance, covering domestic inland transit, ocean marine freight, vessel hull and machinery, and protection and indemnity risks; Aviation Insurance, servicing aircraft hull, spare parts, and aviation third-party liability; General Liability Insurance, offering commercial public liability, product liability, employer liability, and professional indemnity coverage; Agriculture Insurance, supplying risk management solutions for crop cultivation, livestock farming, and aquaculture; and Specialized Financial Lines, including trade credit protection, travel insurance, and surety bonds, alongside claims appraisal and third-party risk assessment services. Founded in 1994 and headquartered in Ho Chi Minh City, Vietnam, the corporation operates an extensive nationwide distribution infrastructure consisting of member branches, transaction offices, agent networks, and affiliated direct-billing healthcare facilities across Vietnam. The company is backed by major institutional shareholders, including Vietnam's State Capital Investment Corporation and the global insurance group AXA. In recent developments, Bao Minh Insurance Corporation has implemented strategic capital augmentation measures, progressively expanding its charter capital through equity issuances and share dividend distributions to strengthen financial solvency and underwriting capacity. The corporation has advanced digital transformation initiatives aimed at overhauling core information technology architecture, expanding electronic policy issuance channels, and automating claim settlement workflows. Furthermore, the company has undertaken underwriting portfolio optimizations and enterprise risk management enhancements following credit rating reviews by international rating agency AM Best, while deepening bancassurance distribution alliances and institutional partnerships across industrial and commercial insurance markets.