• An Giang
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A military joint-stock insurance company licensed

VNGOP – The Ministry of Finance licensed the establishment and operation of the Military Joint-stock Insurance Company (MIC) on October 8.

October 11, 2007 7:11 AM GMT+7

MIC granted with operation license

MIC engages in insuring properties, human beings and responsibilities and other insurance activities, such as construction-installation insurance, insurance against fire, vehicle insurance, and commodity insurance.

MIC consists of ten founder-shareholders: Military Bank (MB), Joint-stock commercial bank of non-State enterprises (VPBank), Military Petrochemical Joint-stock Company, Trường Sơn Construction Corporation, Construction Company 319, Đức Hoàng Joint-stock Company, Thanh Bình Joint-stock Company, PetroVietnam Financial Company (PVFC), Hi-tech Development and Construction Investment Joint-stock Company, and Đức Mạnh Joint-stock Company.

In the preparatory period, MIC has completed 80 insurance products and laid the material foundation for the operation of all member-companies.

In the time to come, MIC plans to expand its operation nationwide; perfect its products; strengthen cooperation and business relations with many partners in charge in insurance, reinsurance, and insurance medium at home and abroad. MIC is trying to improve the quality of its services and become one of the leading insurance companies in Việt Nam.

By Uyên Phương