News Reinsurance17 Feb 2022

Vietnam:HDI group's support stands PVI Re in good stead

| 17 Feb 2022

A period of further shareholding changes, which has seen the Hanover-headquartered HDI group regain majority ultimate ownership of PVI Holdings, has led AM Best to remove from under review with developing implications and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" (Good) of PVI Reinsurance Joint-stock Corporation (PVI Re). The outlook assigned to these credit ratings is 'Stable'.

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