CVI raises revenue target by 15pct

The management board of Cambodia-Vietnam Insurance Co (CVI) has lately passed the adjustment revenue plan, as per which the company has raised targeted revenue to $1.65 million in 2011, up 15 percent against the initial plan.
By the end of the first nine months this year, CVI reported gaining insurance premium of $1,402,444, up 93 percent against the same period last year and fulfilling the targeted 2011 year plan. The company’s market shares rose from 4 percent to 7 percent.

In the past time, apart from developing the customer group of large-scale enterprises, airlines and banks in Cambodia, CVI has also extended its services to other customers, including individuals, small and medium enterprises via setting up insurance agency networks in other Cambodian provinces. – Source: Vietbiz24.com

Tags: Cambodia-Vietnam Insurance, Vietnam insurance, Vietnam insurance industry, Vietnam insurance market

Posted by VBN on Oct 29 2011. Filed under Insurance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry