Hanoi: AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of 'a-' (Excellent), and the Vietnam National Scale Rating of aaa.VN (Exceptional) for PVI Insurance Corporation (PVI Insurance). The outlook for these Credit Ratings remains stable.

According to BERNAMA News Agency, the ratings are indicative of PVI Insurance's balance sheet strength, which AM Best evaluates as very strong. PVI Insurance's strong operating performance, neutral business profile, and suitable enterprise risk management contribute to these affirmations. Additionally, the ratings incorporate enhancement due to the support from PVI Insurance's ultimate parent, HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI V.a.G.).