Annual General Meeting of Military Insurance: High-level Personnel Adjustment, Profit Target Increase of 75% for 2025

During the 2025 General Meeting of Shareholders of Military Insurance Corporation (MIC) on March 31, the company set a profit growth target of 75%, with plans to pay dividends for 2024 in cash and stocks. In 2024, MIC reported insurance revenue of VND 5.017 trillion, up 7.2%, mainly from human and vehicle insurance. With advanced technology, MIC aims to maintain its Top 4 position in the non-life insurance sector and intends to move towards the Top 3 by 2026. The profit target for 2025 is projected to reach VND 540 billion, affirming strong growth potential. In addition, at the meeting, MIC elected 5 new members to the Board of Directors and the Supervisory Board to improve management capacity and adapt to the business environment.

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