1997: United Insurance Company of Vietnam (UIC) was established and is a joint venture between companies:
- Yasuda Fire and Marine Insurance Company (now Sompo Japan Insurance Inc)
- Mitsui Fire Insurance and Marine Insurance Company (now Mitsui Sumitomo Insurance)
- Ho Chi Minh City Insurance Company (now Bao Minh Insurance Group)
2004: LIG Insurance Company (Korea) (now KB Insurance) joins in joint venture to serve Korean customers in Vietnam.
2009: Sompo Japan increased investment capital through the acquisition of Mitsui Sumitomo’s share in UIC
2010: UIC raised the chartered capital to VND300 billion and obtained license to provide insurance services to all customers in Vietnam.
2015: UIC moves intensively into the retail segment with the highest quality and competitive services on the market