AM Best has maintained the under review with negative implications status for the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of 'bbb+' (Good) of
The actions on these Credit Ratings (ratings) follow the maintenance of AM Best's under review with negative implications status for the ratings of Fubon Vietnam's parent company,
The under review with negative implications status on Fubon Vietnam's ratings reflects the need for AM Best to fully assess the company's eligibility to continue receiving rating enhancement from its parent. The ratings will remain under review pending completion of AM Best's assessment of the credit rating fundamentals of
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best's website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best's Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best's Credit Ratings, Best's Performance Assessments, Best's Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best's Ratings & Assessments.
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