AM Best Revises Outlooks to Positive for Petrolimex Insurance Corporation

SINGAPORE--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Petrolimex Insurance Corporation (PJICO) (Vietnam). These Credit Ratings (ratings) reflect PJICO’s balance sheet strength, which AM Best categorises as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The revised outlooks ref