|Tran Dinh Quan (L), general director of Dai-ichi Life Vietnam, hands over a symbolic cheque to a representative of the National Fund for Vietnamese Children in HCMC on January 17 - PHOTO: DAI-ICHI LIFE VIETNAM|
For A Better Life Foundation of Dai-ichi Life Vietnam on January 17 donated VND1 billion (about US$44,270) to the National Fund for Vietnamese Children to finance programs aimed at supporting underprivileged children.
The supporting program will be carried out in 2018 and 2019, Dai-ichi Life Vietnam said in a statement on January 17 when the Japanese life insurance company received a third-class Labor Order from the State President for its outstanding contribution to Vietnam’s economy and communities.
Takashi Fujii, chairman of Dai-ichi Life International Asia-Pacific and chairman of Dai-ichi Life Vietnam, described the Labor Order as an important milestone in 11 years of the life insurance company’s operation in this market. He thanked customers and partners for supporting the company and stressed that Dai-ichi Life Vietnam will continue to harmonize sales growth and social responsibility.
Dai-ichi Life Vietnam has seen its insurance premiums expanding more than 10 times after 11 years of operation in Vietnam. Last year, the company posted total premiums of more than VND8 trillion and ranked third in the local life insurance market with its market share exceeding 12%. It currently has nearly 1,200 employees and 70,500 financial consultants and serves more than two million customers.
Dai-ichi Life Vietnam has initiated and carried out many charity and social programs, including blood donations, eye surgeries for poor patients, scholarships for studious students, life insurance contracts for underprivileged teachers and support for victims of natural disasters. The company has funded supply of clean water for students in rural areas and construction of bridges for people in remote areas.