Vinare profit falls 32% on higher claims

Vietnam National Reinsurance Corporation reported accounting profit before tax fell VND 114.0 billion (32.0%) to VND 242.7 billion in the first half of 2025. Net profit after tax declined VND 85.4 billion (29.1%) to VND 208.2 billion.

The decline was mainly attributed to a VND 101.4 billion reduction in net profit from insurance operations, driven by a VND 126.2 billion decrease in gross profit due to higher incurred claims. Investment income also fell VND 12.6 billion.