BMI [BUY +23.9%] - Underwriting profit to improve on lower combined ratio - Update
  • 12 Apr 2024
  • Company Research
- We maintain our BUY rating for BMI and increase our target price (TP) by 7.5% to VND28,800/share mainly due to the positive impact of rolling our TP horizon to mid-2025F. Our forecasts remain roughly unchanged. - BMI regained a top three premium market