Lanexang Assurance Public Company (LAP)

1. Initial Establishment and Operations (2010–2025)

Lanexang Assurance Public Company (LAP) was established on October 11, 2010, through a joint venture between Lao Development Bank (LDB) and Post Insurance Public Company (PTI). LAP was granted a license to operate a “General Insurance” business. The insurance products distributed by LAP cover risks for general individuals, business entities, organizations, and various sizes of investment projects.

2. Changes in Shareholding Structure (2025–Present)

RV Investment Co., Ltd. (RV) acquired 100% of the shares of Lanexang Assurance Public Company.

• On March 20, 2025, a share purchase and sale agreement for Lanexang Assurance Public Company was signed between Lao Development Bank (LDB) and Post Insurance Public Company (PTI) with RV Investment Co., Ltd. (RV).
• On August 15, 2025, the official handover of duties was carried out between the former management board (LDB and PTI) and the new management board (RV) for the administration of Lanexang Assurance Public Company.

3. Vision

“To be the leader in the insurance sector, earning the highest trust in Lao society, providing products suitable for the needs of all customer types with modern services, strong financial capabilities to cover various levels of risk, accompanying Lao society towards listing on the stock exchange.”