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Vietnam Bank for Investment and Development Insurance Corporation (BIC), formerly known as Vietnam Australia Insurance Joint Venture Company, was established in 1999 on the basis of cooperation between the Bank for Investment and Development of Vietnam (BIDV) and QBE International Insurance Company (Australia). The Corporation operates mainly in the field of non-life insurance business, reinsurance and financial investment. In 2025, BIC will be in the top 5 markets in terms of original premium revenue share, while maintaining the Top 3 non-life insurers with the highest profit margin in the market. BIC is the market leader in the development of Bancassurance and E-business channels. BIC is also the first insurance company with a network operating in all three Indochina countries. BIC has been listed on the Ho Chi Minh Stock Exchange (hose) since September 2011.
BIC currently has a market capitalization of roughly VND 4.294 billion, placing it in the mid-cap group on the Vietnamese stock market. Its current P/E of 10,1x is 7% above its own 8-year average (9,4x), suggesting the stock is trading richer than its historical norm. P/B stands at 1,3x, 2% below its multi-year average of 1,3x. Return on equity (ROE) is at 12,8%, down from 17,2% the year before. Its debt-to-equity ratio of 0x is low, reflecting a conservative capital structure. In 2025, revenue grew 1% year-on-year while after-tax profit grew 10%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.