AGRICULTURAL INSURANCEAGRICULTURAL INSURANCETHE PILOT PROGRAM IN VIETNAMTHE PILOT PROGRAM IN VIETNAM

Korea, November 2012

What do you What do you kindly know kindly know

about BAOVIET about BAOVIET Insurance Insurance

Corp.?Corp.?

CONTENTS

INTRODUCTION TO BAOVIET INSURANCE

BAO VIET LIFE CORP.

BAO VIET FUND MANAGEMENT LTD

BAO VIET SECURITITIES JOINT STOCK

BAO VIET COMMERCIAL BANK

BAO VIET INVEST JOINT STOCK

BAO VIET AU LAC LTD.

Other related companies…

INTRODUCTION TO BAOVIET INSURANCEBAO VIET INSURANCE is a 100% subsidiary of BAO VIET HOLDINGS

Describe a vision of company or strategic

contents.

HSBC (18%)SCIC (3,3%)

Capital & AssetsCapital & AssetsTitle in hereTitle in here

Strategic PartnerStrategic Partner

Establishment: Jan 15, 1965“First insurance company in Vietnam”

Share owner’s capital: Bil.VND11.666 ~ Mil.$ 580

Consolidated assets: over Bil.VND 43.581 ~ Mil.$ 2.180

INTRODUCTION TO BAOVIET INSURANCE BAO VIET HOLDINGS

Vision: To be the leading non-life insurance company in Vietnam

INTRODUCTION TO BAOVIET INSURANCE BAO VIET INSURANCE CORP.

Business lines: non-life insurance products; (2) reinsurance business; (3) loss adjustment; (4) financial investment activities & other business operations.

INTRODUCTION TO BAOVIET INSURANCEBAO VIET INSURANCE CORP. – The figures

2011 business performance highlights

Mil. $ 2.900 Mil. $ 2.438 Mil. $ 223

2012 outlook

THE PILOT OF AGRICULTURAL INSURANCE

THE PILOT OF AGRICULTURAL INSURANCE

100%100% 80%80% 60%60% 20%20%

Poor household

Nearly-poor household

Normal household

Agricultural organization

THE PILOT OF AGRICULTURAL INSURANCEPremium subsidy (%) for agricultural households by State

THE PILOT OF AGRICULTURAL INSURANCEThe insured objects

THE PILOT OF AGRICULTURAL INSURANCEResults until September 30, 2012

Total premium: VND 126.771.000.000 ~ Mil.$ 6.338 Loss: VND 35.378.200.000 ~ Mil.$ 1.769, loss ratio: 30% Portion: aquaculture 60%, rice 29%, livestock 11% In which:

BaoViet: VND 97.799.000.000 (Mil.$ 4.890) = 77.15%, loss ratio = 21.4% BaoMinh: VND 28.972.000.000 (Mil.$ 1.449) = 22.85%, loss ratio = 49.8%

SUMMARY

REINSURANCE

The pilot program is covered by a quota share reinsurance program (95% reinsured) – large reinsurers internationally

A pool of agricultural insurance is wished to form in order to improve risk management & increase responsibility of involved parties.

We are still improving our agricultural insurance program & after the pilot we hope to have long-term, stable & practical program.

THE POOL FUTURE

SUMMARY

THANK YOU FOR LISTENING !

BAOVIET INSURANCE CORP.