PJICO Insurance Corp.
HHOSE:PGI19,850.00
VND
-1,150.00
(-5.48%)
ISIN
VN000000PGI2
Return %
Stock
S&P 500
1Y
-1.00
14.20
3Y
-19.64
81.12
5Y
-9.11
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
VND
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in mil. unless spec.Company Description
- CEO
- Hai Nam Dao
- Full Time Employees
- 1,592
- Sector
- Finance
- Industry
- Multi-line insurance
- Address
- Ha Noi Vietnam
- IPO Date
- Jun 8, 2011
- Website
- pjico.com.vn
- Similar Companies
- Business
- Petrolimex Insurance Corporation (PJICO) is a Vietnam-based non-life insurance company primarily engaged in the provision of comprehensive general insurance, reinsurance, and loss assessment services to corporate and individual clients. Established in 1995 and headquartered in Hanoi, Vietnam, the company operates as a key subsidiary of the Vietnam National Petroleum Group (Petrolimex), with South Korea-based Samsung Fire & Marine Insurance and Vietcombank serving as strategic institutional shareholders. PJICO distributes its products nationwide through an extensive network of member branches, transaction offices, broker partners, bancassurance arrangements, and Petrolimex petroleum retail stations across Vietnam. The company offers a diverse portfolio of non-life insurance products structured across several core business segments: motor vehicle insurance, including compulsory third-party liability, comprehensive motor hull, and passenger accident coverage; property and fire insurance, including standard fire and explosion, all-risks property, and business interruption insurance; marine and aviation insurance, covering domestic and international cargo transit, ship hull and machinery, protection and indemnity (P&I), and aviation hull and liability; engineering insurance, comprising contractor all risks (CAR), erection all risks (EAR), and machinery breakdown coverage; personal and healthcare insurance, encompassing personal accident, hospitalization, surgical, and international travel insurance; liability and financial lines, including public liability, product liability, professional indemnity, and directors and officers liability; and reinsurance services, involving inward and outward treaty and facultative reinsurance underwriting alongside financial and treasury investments. In recent developments, PJICO has accelerated its comprehensive digital transformation strategy in collaboration with FPT Digital, deploying advanced technological infrastructure such as the ESCS centralized claims management platform for automated motor and health claims processing, robotic process automation tools for financial accounting, and end-to-end cashless payment gateways. To scale its digital footprint, the corporation approved the establishment of a dedicated PJICO Digital Branch to drive online retail distribution channels, while simultaneously expanding its regional branch network through new member units such as PJICO Hong Ha. Furthermore, the company completed an internal operational restructuring of its head office divisions to optimize multi-channel solutions and information security capabilities, surpassed VND 5,000 billion in total annual revenue, and maintained its AM Best Financial Strength Rating of B++ (Good) and National Scale Rating of aaa.VN with a stable outlook.