UIC’s Business result of 1st half of the year

Business result in the 1st half of 2022:

The first half of 2022 recorded strong growth in the business result of UIC. UIC’s GWP was VND 563 billion, a 14,6% increase over the fiscal year 2021, and Net Income was VND 81 billion, a 3.6% increase over the fiscal year 2021.

The positive loss ratio of 36.9% in the first 6 months of the year was the major driver of the good profit of the company. Following this result, UIC is confident to achieve the year end business target.