BVH released consolidated results for 9M 2022 with gross written premium of VND31.8tn (USD1.3bn; +11.2% YoY) and NPAT-MI of VND1.2tn (USD48mn; -12.6% YoY), achieving 70% and 54% of our FY2022 forecasts, respectively. The 9M 2022 bottom line was weaker YoY