BMI released consolidated results for 2021 with direct premium of VND4.5tn (USD195mn; +4.6% YoY) and NPAT-MI of VND251bn (USD10.9mn; +28.3% YoY), both achieving 99.0% of our FY2021 forecasts. The increase in the bottom line was mainly due to (1) a 5.3% Yo