A.M. Best Upgrades Credit Ratings of BIDV Insurance Corporation

SINGAPORE–(BUSINESS WIRE)–A.M. Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” from “bbb-” of BIDV Insurance Corporation (BIC) (Vietnam). The outlook of these Credit Ratings (ratings) has been revised to stable from positive. The ratings reflect BIC’s balance sheet strength, which A.M. Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk m