Our History


1997: United Insurance Company of Vietnam (UIC) was established and is a joint venture between companies:

  1. Yasuda Fire and Marine Insurance Company (now Sompo Japan Insurance Inc)
  2. Mitsui Fire Insurance and Marine Insurance Company (now Mitsui Sumitomo Insurance)
  3. 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