On October 3rd, 2018, Dai-ichi Life Vietnam obtained the approval from the Ministry of Finance for the 8th increase of capital up to nearly 7,700 billion dong, becoming one of the top life insurance companies in terms of capitalization in Vietnam market, demonstrating the company’s solid financial strength and its commitment to being a “Lifetime partner” of Vietnamese customers.
After more than 13 years of operations, Dai-ichi Life Vietnam has achieved over 13,000 billion dong of the total premium in 2019, growing up by 28 times since its establishment, increasing 14% as compared with 2018 and reaching 12% market share in terms of total premium, affirming its position among the top 4 leading life insurance companies in Vietnam. This is also the first year that the company gained after-tax profit of over 1,000 billion dong, scored nearly 1,300 billion dong. As of December 31st, 2019, the total assets managed by Dai-ichi Life Vietnam reached over 30,000 billion dong.
Especially, together with its stable growth in financial indicators, Dai-ichi Life Vietnam proudly surpassed the milestone of serving 3 million customers on December 18th 2019. This is the company’s great honour while successfully connecting millions of customers to spread the love and human values of life insurance to the community.
With its excellent achievements, Dai-ichi Life Vietnam was honoured among the Top 4 insurance companies and ranked as the runner-up in the top foreign insurance companies at the announcing ceremony of Vietnam’s Top 500 largest enterprises in 2019.
Beside business endeavors, Dai-ichi Life Vietnam has pioneered and initiated various impactful philanthropy and community projects with the contribution of more than 32 billion dong over the past 13 years. Dai-ichi Life Vietnam’s “For a better life” CSR Foundation established in 2015 represents the company’s commitment to making long-lasting changes for the community in four main areas of education, health care, environment and charity support.
In recognition of its great contributions to the Vietnamese economy as well as its CSR efforts, Dai-ichi Life Vietnam honourably received the Certificate of Merit from the Ministry of Finance for the 4th time and the “Saigon Times CSR 2019 Award”, granted by the Saigon Times Group on December 2019.
With a different strategy - “The Best rather than the Largest”, and the philosophy “Customer First”, Dai-ichi Life Vietnam strives its on-going efforts in innovating premier products and services, focusing on technology, aimed at bringing the best satisfaction to customers through the real values and advantages of life insurance, as well as contributing to the social-economic development in Vietnam.
