Five leading international partners signed a reinsurance contract committing 1.5 billion USD for onshore projects and estates to the PetroVietnam Insurance Joint Stock Corporation (PVI) in Hanoi on Dec. 11.
The international partners included CV Starr, AON, Chartis, Zurich and Allianz.
At the signing ceremony, PVI unveiled its fulfilment of revenues worth three trillion VND (162 million USD) ahead of its plan with a 33 percent growth rate in 2009.
Also the same day, PVI presented to the public its two member companies – the PetroVietnam Media Joint Stock Company (PV Media) and the PetroVietnam Securities Joint Stock Company (PSI).