Effective business strategies bring sustainable results

In the life insurance sector alone, this company holds the 5th position in the industry rankings.

Profit and return on revenue in 2022 are among the decisive criteria for ranking, demonstrating the business's operational efficiency and long-term development potential, along with other criteria on asset size, labor size, revenue growth potential, media reputation and compliance with laws and State policies.

According to the 2022 financial report, Chubb Life Vietnam is in the group of life insurance enterprises with a profit of over VND 1,000 billion. Contributing to the State budget through taxes and other payments of over VND 287 billion in 2022.

Representative of Chubb Life Vietnam - Ms. Le Huong Ly, Deputy General Director.

Chubb Life's solvency margin is always many times higher than the state's regulations. As of September 2023, this figure reached more than VND 5,600 billion, 2.5 times higher than the legal requirement, paying insurance benefits of more than VND 5,800 billion, contributing to building real value for customers.

With the achievements, Chubb Life Vietnam has a solid foundation to continue on the next journey of accompanying Vietnamese customers. At the same time, it contributes to creating a solid reputation for the life insurance industry.

Bao Anh

Source: https://vtc.vn/chien-luoc-kinh-doanh-hieu-qua-mang-lai-ket-qua-ben-vung-ar830037.html