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A.M. Best Affirms Ratings of BIDV Insurance Corporation

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HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of BIDV Insurance Corporation (BIC) (Vietnam). The outlook for both ratings is stable. The ratings reflected BIC’s favorable risk-based capitalization, strategic support from the Bank for Investment and Development of Vietnam JSC (BIDV) and the continuously positive operating results. BIC continued to strengthen its chartered capital in 2014, according to its busi

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