SINGAPORE, Dec 11 (Bernama-BUSINESS WIRE) — AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” to Fubon Insurance Vietnam Co., Ltd. (Fubon Vietnam) (Vietnam). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect Fubon Vietnam’s balance sheet strength, which AM Best categorises as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. In addition, Fubon Vietnam benefits from rating enhancement from its parent company, Fubon Insurance Co., Ltd. (Fubon Insurance) (Taiwan).
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