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PVI Re officially rebrands to Hanoi Re after 12 years of operation

PVI Re officially rebrands to Hanoi Re after 12 years of operation
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HDI Global SE samples ways to cut ownership in Vietnamese non-life insurer PVI


HDI Global SE samples ways to cut ownership in Vietnamese non-life insurer PVI
10:58 | 29/04/2021
Germany-headquartered insurer HDI Global SE – the largest shareholder of Vietnam’s non-life insurer PVI – has been fined for holding stakes in excess of the foreign ownership limit. However, what route HDI chooses to comply with Vietnamese regulations remains a question.
HDI Global SE – a Germany-based corporation and the majority shareholder of Vietnamese non-life insurer PVI – has been fined for non-compliance with information disclosure and foreign ownership limit rules
VIR reported that on April 16 the State Securities Commission (SSC) fined HDI Global SE due to non-compliance with information disclosure and violating foreign ownership limit rules. ....

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