Hanoi Re reports strong Q3 profit surge, driven by reinsurance and finance

Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) announced a net profit after tax of VND 193,110,972,904 for the first nine months of 2025, a substantial 62% increase compared to VND 119,195,044,808 in the same period of 2024. This growth was primarily driven by strong performance in both reinsurance and financial activities.

Gross profit from reinsurance activities reached VND 100.65 bn, an increase of VND 47.77 bn or 90% year-over-year. Similarly, gross profit from finance activities rose to VND 172.62 bn, up VND 42.01 bn, or 32% from the prior year. The company's total assets as of September 30, 2025, stood at VND 7,955,891,696,153, up from VND 6,702,307,468,005 at the end of 2024.