BMI - Combined ratio trails forecast but trend is positive - Earnings Flash
  • 21 Oct 2020
  • Company Research
BMI released consolidated results for 9M 2020 with gross written premium of VND3.5tn (USD151mn; +13.3% YoY) and NPAT-MI of VND158bn (USD6.9mn; +15.1% YoY), achieving 74.8% and 84.0% of our FY2020 forecasts, respectively. The increase in the bottom line wa