Bao Minh, Vietnam Airlines strike 4 billion USD deal

Bao Minh, Vietnam Airlines strike 4 billion USD deal

12/01/2008 -- 8:58 PM

Ha Noi (VNA) – The Bao Minh Insurance Corporation, the second largest insurer in Viet Nam, and the national flag carrier Viet Nam Airlines on Jan. 11 came to terms on a new 4 billion USD contract for 2008.

Under the contract, Bao Minh will insure the airlines’ liability, aircraft and some 9 million passengers expected in 2008 in line with international regulations and standards.

Last year, Vietnam Airlines also signed a 4 billion USD insurance contract with Bao Minh and the Viet Nam Insurance Corporation (Bao Viet).-Enditem

(VNAgency)