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Learn about Bao Minh Insurance Corporation's journey, organization chart, consolidated business targets for 2014, and branch network. Discover our commitment to safety, stability, and bringing benefits to shareholders and society.
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CONTENT • Corporate Profile • 20 – years - Journey • “First – things” of Bao Minh • Organization Chart • Shareholders • Reinsurers • Direct Insurance • Consolidated Business Target for 2014 • Branches
CORPORATE PROFILE • Company’s name: BAO MINH INSURANCE CORPORATION • Abbreviated name: BAO MINH • Head Office: 26 Ton That Dam St, Dist 1, HCMC, VN • Tel: (+84.8) 3829 4180 • Fax: (+84.8) 3829 4180 • Hotline 24/7: 1800 – 588812 (Free Incoming Calls) • Email: baominh@baominh.com.vn • Website: www.baominh.com.vn
CORPORATE PROFILE • Incorporation and operation form: Date of incorporation: November 28th,1994 From 1994 – 2004: Stated owned Enterprise From 10/2004: Join Stock Company • Stock code: BMI • Date of listed: November 28th,2006 at HNX April 21st,2008 at HoSE
CORPORATE PROFILE • Charter capital: 830 VND Bilion • Owner’s equity: 2.166 VND Bilion • Total Assets: 3.968 VND Bilion • Scope of Activities: Non-life Insurance Non-life reinsurance Financial investment
CORPORATE PROFILE • Personnel: 1.708 staffs 3.699 agents • Operation Network:24 Functional Divisions 01 Training Center 59 branches through out the country
CORPORATE PROFILE • VISION Always to be one of the leading non-life insurance companies in Vietnam, operatting in the field of financial services and insurance. • Mission Bringing safety and stability for the economy and society. Contributing to the strong development of Vietnam/s insurance market Bringing benefits to shareholders and creating jobs for people
CORPORATE PROFILE • Motto of Action Safety, happiness and success of clients and society are our targets. • Slogan of Action Bao Minh – Whole – Hearted Service • Slogan of Advertising Think Insurance, Think Bao Minh
"FIRST – THINGS" OF BAO MINH • The first Non-life Insurance Company was established by Decree 100-CP, December 18th,1993 of Government about Insurance Business • 2004, Bao Minh was the first company privatized by the choice of Government • 2006, Bao Minh was the first insurance company gone public in Viet Nam’s securities market
"FIRST – THINGS" OF BAO MINH • 2007, Bao Minh was the first Insurance Company invited foreign strategic shareholder – Europe top ranking AXA.SA (France) and raised charter capital from 434 VND bilion to 755 VND bilion • 2008, Bao Minh was the first insurance company deployed Policy/Asia soft on managing insurance business
BUSINESS RESULT IN 2013 • Total premium income: 2.792 VND Billion • Profit before tax: 105 VND Billion • Profit after tax : 91 VND Billion • Submit Budget: 142 VND Billion • Market share 2013: 9.44% (rank 3/29 non-life insurance company)
DIRECT INSURANCE Health & Personal Accident Insurance Motor Vehicle Insurance Property Insurance Responsible insurance BAO MINH provides more than 100 insurance products appertain 08 direct insurance Marine Cargo Insurance Marine Insurance Aviation insurance Agriculture Insurance
CONSOLIDATED BUSINESS TARGET FOR 2014 A. GOAL EFFECTIVE & SUSTAINABLE DEVELOPMENT B. TARGETS • Total premium income: 2.939 VND Billion Including: • Total direct insurance premium income: 2.443 VND Billion • Total inward reinsurance premium income: 300 VND Billion • Premium income from financial activities: 196 VND Billion • Profit before tax: 105,3 VND Billion
BRANCHES • BM BắcGiang • BM BắcNinh • BM ĐôngĐô • BM Hà Nam • BM HàNội • BM HảiDương • BM HảiPhòng • BM HưngYên • BM LạngSơn • BM LàoCai • BM Nam Định • BM NinhBình • BM PhúThọ • BM QuảngNinh • BM TháiBình • BM TháiNguyên • BM Thăng Long • BM VĩnhPhúc • BM YênBái 19 BRANCHES AT NORTHERN
BRANCHES • BM BìnhĐịnh • BM BìnhThuận • BM ĐàNẵng • BM ĐắkLắk • BM ĐắcNông • BM Gia Lai • BM HàTĩnh • BM KonTum • BM KhánhHòa • BM LâmĐồng • BM Nghê An • BM NinhThuận • BM PhúYên • BM QuảngNinh • BM Quảng Nam • BM QuảngNgãi • BM QuảngTrị • BM ThanhHóa • BM ThừaThiênHuế 19 BRANCHES AT CENTRE
BRANCHES • BM An Giang • BM VũngTàu • BM BạcLiêu • BM BếnThành • BM BếnTre • BM BìnhDương • BM BìnhPhước • BM Cà Mau • BM CầnThơ • BM ChợLớn • BM ĐồngNai • BM ĐồngTháp • BM HậuGiang • BM KiênGiang • BM Long An • BM SàiGòn • BM SócTrăng • BM TâyNinh • BM TiềnGiang • BM TràVinh • BM Vĩnh Long 22 BRANCHES AT SOUTHERN
BAO MINH INSURANCE CORPORATION Whole – Hearted Service Standard guide We undertake to bring to you feel secure by the best professional services Unify activities
BAO MINH INSURANCE CORPORATION THANK YOU