First 6 months of 2025: BIC's consolidated profit grows nearly 20%

BIDV Insurance Corporation (BIC) has just organized a series of conferences to review the first 6 months of 2025 at its member units nationwide. The conference series was held to analyze and evaluate the business performance of each unit, thereby proposing appropriate solutions that are close to the characteristics of each locality. This is also an important shift in the management and operation method, aiming to create a new momentum for the entire BIC system in the final period of 2025 and on the upcoming development path.

The entire BIC system strives and is determined to exceed the 2025 business plan.

According to the business results of the first half of 2025, the total insurance premium revenue of the parent company BIC alone reached nearly 2,600 billion VND, completing nearly 50% of the yearly plan. Of which, the original insurance premium revenue reached nearly 2,500 billion VND, helping BIC continue to maintain its 5th position in terms of market share of original insurance premium revenue.

Performance indicators also recorded impressive results. Total consolidated pre-tax profit in the first 6 months of 2025 reached nearly 420 billion VND, up nearly 20% over the same period last year, completing nearly 60% of the yearly plan. Of which, individual profit reached more than 400 billion VND, up nearly 15% over the first 6 months of 2024, completing nearly 60% of the yearly plan. Notably, BIC continues to make profits from insurance business activities.

With impressive business results, in the first 6 months of 2025, BIC has been recognized and honored by many domestic and international organizations: Top 4 prestigious non-life insurance companies in Vietnam in 2025 according to Vietnam Report; Top 50 best listed companies in Vietnam in 2025 according to Forbes Vietnam; Top 10 Green Vietnam ESG Enterprises 2025 - Insurance industry (non-life insurance group) and Top 10 Innovative and Effective Business Enterprises 2025 - Insurance industry (non-life insurance group) according to Viet Research...

Regarding BIC's operational orientation in the last 6 months of 2025, BIC Board Chairman Tran Hoai An requested the entire system to continue to make efforts to successfully complete the 2025 business plan, maintain strong revenue growth, and maintain the 5th position in terms of market share in insurance premium revenue. At the same time, the entire system needs to continue to ensure efficiency and safety in business operations according to BIC's sustainable development goals.

BIC Board of Directors Chairman Tran Hoai An directed at the review conferences

Sharing solutions to continue promoting business activities in the last 6 months of 2025, BIC General Director Doan Thi Thu Huyen said that BIC will focus on promoting retail distribution channels, strengthening cooperation with banking and fintech partners to expand the distribution network; further improving the quality of compensation appraisal work; promoting research and development of new products; strengthening training for agents and partners; speeding up the implementation progress of IT projects; preparing well to establish new member units in the last 6 months of 2025...

BIC General Director Doan Thu Huyen shares about management solutions for the last 6 months of 2025

With positive results in the first half of the year, the entire BIC system is striving to accelerate, determined to exceed the 2025 business plan. This is not only a financial target, but also an affirmation of BIC's 2-decade journey of sustainable development and continuous innovation. Looking forward to the 20th anniversary of its establishment, BIC will continue to improve customer service standards, affirming its position in the Vietnamese non-life insurance market.