AM Best continues to rate BIC at aaa.VN, the highest in Vietnam

On October 1, 2025, in Singapore, financial credit rating organization AM Best announced the 2025 credit rating of BIDV Insurance Corporation (BIC).

Accordingly, AM Best continues to affirm BIC's financial capacity rating at B++ (Good); issuer capacity rating at bbb (Good); credit rating on Vietnam's national scale at aaa.VN (Excellent), the highest level in Vietnam. The outlook for upgrading the indicators is Stable.

The above rating results demonstrate BIC's strong financial capacity, impressive business results, solid capacity profile and safe and effective risk management system.

BIC's financial capacity, measured through the capital adequacy ratio (BCAR), is highly appreciated by AM Best. In addition, BIC has the ability to generate good capital from internal capacity thanks to stable profit growth and a reasonable dividend payment plan, thereby BIC's risk-based capital continues to respond well, in line with the Corporation's development strategy.

In 2025, BIC will continue to maintain a prudent, safe and effective investment strategy. At the same time, reinsurance is also focused on responding to major risks and natural disasters. BIC's reinsurance partners are reputable units with good financial capacity and credit ratings of A- or higher.

BIC's performance indicators continue to be positively evaluated by AM Best. During the period 2020 - 2024, the average return on equity (ROE) is high (15.2%) thanks to the stable insurance profit margin over the years. In addition, stable income from deposit and securities investments continues to be an important source of contribution to BIC's total profit.

BIC's risk management framework is highly appreciated by AM Best, suitable for its scale and operational reality thanks to the technical support, expertise and supervision from parent bank BIDV and strategic partner FairFax.

Source: https://bidvinfo.com.vn/am-best-tiep-tuc-xep-hang-bic-o-muc-aaa-vn-cao-nhat-tai-viet-nam-10009591.html