SINGAPORE, Sept 10 (Bernama-BUSINESS WIRE) –AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of BIDV Insurance Corporation (BIC) (Vietnam). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect the company’s balance sheet strength, which AM Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ratings factor in a neutral impact from the company’s ultimate majority ownership by the Vietnam government.
