OREANDA-NEWS. A.M. Best has affirmed the financial strength rating (FSR) of B++ (Good) and the issuer credit rating (ICR) of “bbb” of PVI Insurance Corporation (PVI Insurance) (Vietnam). The outlook for the FSR remains stable, while the outlook for the ICR remains positive.

The rating affirmations reflect PVI Insurance’s strong risk-adjusted capitalization, favorable business profile in Vietnam’s non-life insurance market and good operating performance.