Prudential maintains a high liquidity margin of 193%

    Vinh Phú |

    On April 8, Prudential Vietnam Life Insurance Company Limited (Prudential Vietnam) announced its annual financial report for 2024. At the end of fiscal year 2024, Prudential Vietnam recorded outstanding results.

    Total assets reached VND 189,051 billion, up 7%.

    Total investment assets reached VND168,258 billion, up 10.3%.

    2024 continues to be an effective investment year with revenue from investment activities reaching VND 11,927 billion, up 12%.

    Total revenue from insurance business activities reached VND 23,251 billion.

    Pre-tax profit reached VND 3,339 billion.

    Total compensation and insurance payments reached VND14,304 billion, up 8.6%.

    Mr. Conor Martin ONeill - Deputy General Director of Prudential Vietnam - said: Prudential Vietnam is focusing on promoting sales quality, in addition to ensuring that our products not only meet customer needs but also comply with new regulations of the Law on Insurance Business.

    We are preparing to launch new life insurance solutions to the market and are committed to focusing on customers as a solid foundation for us when developing these solutions.

    With a high liquidity margin of 193%, Prudential Vietnam has a solid position to fulfill its insurance benefit payment commitments, ensuring financial safety for customers".

    Vinh Phú
    TIN LIÊN QUAN
    Mr. Pankaj Banerjee, Deputy General Director of the Agency channel (Group CAO) of Prudential plc Group and Ms. Carol Kheng, President of MDRT 2025, attended the funding signing ceremony in Thailand. Photo: Provided by the enterprise

    Prudential sponsors MDRT Association to develop quality consultants

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    In February, Prudential plc (Prudential) announced a high-end financing agreement for the next three years with MDRT (Million Dollar Round Table), a global association of leading experts in the field of life insurance and financial services. The goal of this agreement is to speed up the development of Prudential's consultants' expertise, thereby strengthening the platform to promote the growth of agency channels and bringing more value to customers.

    Prudential cooperated with the Central Red Cross Society and the Yen Bai Provincial Red Cross Society to give Tet gifts to disadvantaged households. Photo: Provided by the company

    Prudential summarizes a year of spreading positive impacts for the community

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    Responding to the program "Tet Charitable" - Spring At Ty 2025", through the Central Red Cross Society and the Red Cross Society of Ha Tinh province, Prudential Vietnam Life Insurance Company Limited (Prudential) presented 200 Tet gifts to disadvantaged households to celebrate Spring - welcome Tet. The program will continue to spread love to households in Nghe An, Thanh Hoa, Yen Bai, An Giang with a total program value of 700 million VND, with more than 900 Tet gifts.

    Representatives of Prudential Vietnam, partners and local authorities perform the project launch ceremony. Photo: Provided by the company

    Prudential launches “Proactive Health Enhancement” program

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    In mid-December 2024, at Vo Thi Sau Primary School, Tam Ky City, Quang Nam Province, Prudential launched the program "Proactive Health Promotion" with the participation of more than 500 students, teachers, parents and representatives of the Department of Education and Training of Quang Nam Province, Department of Education and Training of Tam Ky, Nui Thanh, Thang Binh. The event also had the participation of the organizing units: Prudential Vietnam Life Insurance Company Limited, Eastspring Investments Vietnam Fund Management Company Limited, Junior Achievement Vietnam Youth Center.