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FAIRFAX TO BECOME STRATEGIC INVESTOR OF BIDV INSURANCE CORPORATION IN VIETNAM


giofranchi
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“We are looking forward to strategically investing in BIC and working with Pham Quang Tung, the Chairman of BIC, utilizing the best practices of Fairfax so that BIC will become the leading non-life insurer in Vietnam” said Prem Watsa, Chairman and CEO of Fairfax. “BIC has a very strong presence in Vietnam, as well as Cambodia and Laos, and this is a great opportunity for us to expand in the region with a partner with a strong history of growth and focus on profitability.”

 

Cheers,

 

Gio

PRFFH-May-4-2015-Fairfax-to-become-Strategic-Investor-of-BIDV-Insurance-Vietnam.pdf

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