Insurance Company - Prudential

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Date Submitted: 03/31/2014 09:03 AM

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TOPIC: INSURANCE COMPANY

NAME ID

1. Nguyễn Lê Trúc Quỳnh 1111150109

2. Trịnh Khánh Huyền 1111150159

3. Trần Linh Chi 1114150096

4. Nguyễn Phương Linh 1117150068

INSURANCE COMPANY

- Insurance: is a financial product sold by insurance companies to safeguard buyers and their property against the risk of loss, damage or theft (such as flooding, burglary or an accident).

- Insurance companies work on a principal called the Law of Large Numbers.

For example: if they have 10,000 clients paying $89 a month, they are raking in $890,000 a month. Out of those 10,000, 6 might die every month with an average death benefit of $100,000 each. This means the company is paying out $600,000 every month and grossing $290,000 if profit every month. From that, the company pays salaries and other operating costs, and invests the rest.

PRUDENTIAL VIETNAM

- Being one of the leading life insurers, Prudential Vietnam is privileged to provide insurance services to millions of Vietnamese people via our nationwide network of over 200 customer service centers, branch offices and general agencies and business partner offices. Prudential Vietnam has the largest market share in the life insurance market with a wide range of products. It arrived in Vietnam & established the first Prudential Representative Office in Hanoi, the capital of Vietnam in 1995.

- In addition to their achievements in the life insurance sector, Eastspring Investments Fund Management Company - established in June 2005- and Prudential Vietnam Finance Company (PRU-Finance) - established on Oct 9th 2007- are privileged to provide a variety of financial solutions to serve the various needs of our Vietnamese customers.

Prudential Group

- Established in London in 1848, Prudential plc is one of the world’s leading retail financial service groups providing life insurance, financial services and asset management products across the United...