| PetroVietnam Insurance | |
| Type: | Joint-stock company |
| Foundation: | 1996 |
| Location City: | Hanoi |
| Location Country: | Vietnam |
| Industry: | Insurance |
| Revenue: | 5500 bn VND (2012)[1] |
| Operating Income: | 405 bn VND (2012) |
| Owner: | PetroVietnam 1996-2023, Talanx 2023- |
| Homepage: | http://pvi.com.vn/en/home.aspx |
PetroVietnam Insurance Joint-Stock Company (PVI vi|Tổng công ty Cổ phần Bảo hiểm Dầu khí Việt Nam) is a Vietnamese insurance company. The state-owned PetroVietnam holds a controlling stake in PVI.
It had a share of around 20% in the insurance market (excluding life insurance) in 2011, making it the second largest insurer just after Bao Viet Insurance and before Bao Minh and PJICO.[2] It has been the only one of the four big insurers that were able to significantly increase their market share from just over 10% in 2005, while market leader Bao Viet and Bao Minh have continuously lost market shares.[2]
PVI has a strategic partnership with Talanx AG, a German insurer. Talanx has been holding 25% of PVI's shares since August 2011 and decided to acquire another 6% in May 2012.[3]