Bao Viet Insurance Corporation (Bao Viet Insurance) continues to be certified by the International Credit Rating Organization AM Best for Financial Strength Rating (FSR) at B++ (Good), Long-term Issuer Credit Rating (ICR) at "bbb+" (Good) and rating according to the Vietnam National Scale Rating (NSR) at the highest level aaa. VN (Exceptional). The prospects of all three rating levels in the coming time of Bao Viet Insurance are assessed as STABLE.
This is the next year Bao Viet Insurance maintains three credit rating levels simultaneously along with stable prospects from AM Best.
Strong financial foundation, pillar of sustainable growth
The strength of Bao Viet Insurance's balance sheet continues to be assessed at Very Strong - a group that highly appreciates financial capacity. This result is reinforced by the capital adjustment according to risk maintained at the highest level according to AM Best's Best's Capital Adequacy Ratio (BCAR) model, showing that the business possesses solid capital capacity to meet financial obligations even in volatile market conditions.
Bao Viet Insurance maintains good financial flexibility (Good Financial Flexibility) and a suitable investment portfolio, mainly focusing on deposits, bonds and other highly stable assets.
Business efficiency and exploitation discipline continue to be maintained
Bao Viet Insurance's operating efficiency achieved an average weighted return on equity (ROE) of 10% in the period 2021-2025. In which, insurance business activities continued to be profitable in 2025, revenue from deposit interest and dividends was maintained stably, making an important contribution to improving overall profitability.
Bao Viet Insurance's profit prospects will continue to be supported by a strategy of cautious exploitation, discipline in premium setting and consistent risk management policies.
Bao Viet Insurance's reinsurance program with the participation of reinsurers with high credit ratings continues to be one of the important platforms helping Bao Viet Insurance improve its insurance capacity, increase resilience to large losses and minimize credit risks. This is also an important factor contributing to ensuring the ability to fulfill financial commitments to customers in all conditions.
Vietnamese Brand - International Value
With an insurance premium market share belonging to the group of non-life insurance enterprises with the largest scale in Vietnam, Bao Viet Insurance maintains its leading position in the market in many insurance nghiệp vụ such as motor vehicle insurance, health insurance and accident insurance.
AM Best also assessed that Bao Viet Insurance has a balanced business portfolio, a suitable risk management system and plays a strategic role in the Bao Viet Group's ecosystem.
Mr. Doan Viet Trang, General Director of Bao Viet Insurance Corporation, shared: "The fact that AM Best continues to maintain credit ratings and stable prospects is especially meaningful for Bao Viet Insurance. This is not only an independent recognition of a world-leading prestigious rating organization for the financial platform, risk management capacity and operational efficiency of the business, but also adds confidence for us to be steadfast in our sustainable development strategy, putting customers at the center and constantly improving competitiveness according to international standards. In the coming time, Bao Viet Insurance will continue to invest in financial capacity, digital transformation, data management and improve service quality to bring comprehensive, safe and sustainable protection solutions for customers and partners.
In order to continue to consolidate the platforms recognized by international rating organizations, Bao Viet Insurance is promoting the completion of corporate governance capacity in many aspects. The focus is on improving risk management efficiency, standardizing and specializing inspection - compensation work, applying technology in operation and strengthening data management. Along with that, businesses continue to focus on improving service quality, optimizing customer experience and building an operating system that is increasingly transparent, synchronous and professional, creating a foundation for sustainable long-term growth.
