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Vietnam: Bao Minh signs $4b airline insurance deal.
(From Thai Press Reports)
Section: Regional News - Bao Minh Insurance Corporation and the Vietnam Insurance Corporation (Bao Viet) signed a US$4 billion insurance contract last Friday with Vietnam Airlines.
Over $2.5 billion of the total will be spent for insuring aircraft while about $1.5 billion will go towards liability insurance. Bao Minh is the lead insurance company in the deal.
In the past few years, Vietnam Airlines has co-ordinated with leading national insurance companies such as Bao Minh and Bao Viet in insuring its …
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