Mr. Ho Nam Thang - Chairman of the Board of Directors (BOD), Mr. Phan Hoang Chung Thuy - Member of the Board of Directors and General Director, Mr. Daniel Andre Reymond - Member of the Board of Directors, Mr. Bui Huy Cuong - Director Finance and GIC Shareholders attended the meeting.

According to the GIC Executive Board, the economy is gradually recovering from the pandemic in 2022, but it faces many new difficulties and challenges, as reported at the General Meeting. GIC, on the other hand, stuck to the plan, adapted to market changes, and exceeded key targets.

GIC recorded total insurance premium revenue of VND 2,054 billion in 2022, completing 106% of the plan and increasing by 32% from the previous year. Because of the Travel and card products, the Personal insurance business has grown significantly. GIC added one new member company in 2022, bringing the total number of member companies to 21, allowing GIC to expand its presence in provinces and cities across the country.

GIC will continue to accelerate business expansion, diversify products and services, and improve management efficiency in order to join the Top 10 Non-life Insurance Companies in Vietnam with the highest premium revenue by 2025. This is evident in the business and operational targets for 2023, which include: 15% growth in premium revenue; the extent of distribution channel expansion and development; the completion of important technology applications to improve customer experience and optimize internal work performance; new product development; and bringing brands closer to individual customers and small and medium enterprises.

The Shareholders and the Board of Management demonstrated high consensus and consensus at the end of the General Meeting. GIC will closely monitor and focus on implementing the business plan in order to continue to build and develop strongly, adding value to shareholders and employees.