SINGAPORE, May 16 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Pinnacle Life Limited (Pinnacle Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Pinnacle Life’s balance sheet strength, which AM Best assesses as adequate, … Continue reading AM Best Affirms Credit Ratings of Pinnacle Life Limited

Track Platform Now Live in Qatar, Marking 55th International Site HOUSTON, May 16 (Bernama-BUSINESS WIRE) -- Management Controls, Inc. (MCi), the leader in contractor data and cost management, has officially expanded its global presence with the launch of its Track Platform in Qatar. This milestone marks the 55th international site to implement MCi’s solutions for real-time … Continue reading MCi Expands Global Reach into the Middle East

Andrew Mellett, Plexus Founder and CEO, is leading the company’s next phase of AI-driven innovation following a $6 million capital raise. MELBOURNE, Australia, May 14 (Bernama-BUSINESS WIRE) -- Plexus, the AI-powered legal automation platform transforming how in-house legal teams operate, has secured over $6 million in new funding to accelerate global expansion and AI-led innovation. This … Continue reading Plexus Secures $6 Million to Accelerate AI-Driven Growth Strategy

HONG KONG, May 14 (Bernama-BUSINESS WIRE) -- AM Best is maintaining a stable outlook on Japan’s non-life insurance industry, citing improved profitability in the fire insurance line and heightened regulatory oversight, which is driving industry reforms. The Best’s Market Segment Report, “Market Segment Outlook: Japan Non-Life Insurance”, notes that Japan’s Financial Services Agency has increased scrutiny of non-life … Continue reading Best’s Market Segment Report: AM Best Maintains Stable Outlook on Japan Non-Life Insurance Segment

KUALA LUMPUR, May 13 (Bernama) -- AM Best has revised the outlook to negative from stable for the long-term issuer credit rating (Long-Term ICR) and affirmed the financial strength rating (FSR) of B++ (Good) and the long-term ICR of “bbb+” (Good) of Korea P&I Club (KP&I). The outlook of the FSR is stable, and the … Continue reading AM BEST CITES UNDERWRITING VOLATILITY IN KOREA P&I CLUB’S OUTLOOK REVISION

SINGAPORE, May 9 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of B++ (Good), the Long-Term Issuer Credit Rating of “bbb+” (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional) of Vietnam National Reinsurance Corporation (VINARE) (Vietnam). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect VINARE’s balance sheet … Continue reading AM Best Affirms Credit Ratings of Vietnam National Reinsurance Corporation

KUALA LUMPUR, May 5 (Bernama) -- United States (US)-based climate solutions provider, 3Degrees has announced the expansion of its carbon asset development operations in Singapore, strengthening its capabilities to support carbon projects aligned with Article 6 of the Paris Agreement across Southeast Asia. The initiative is supported by the Singapore Economic Development Board (EDB)’s Carbon … Continue reading 3DEGREES EXPANDS CARBON PROJECT DEVELOPMENT IN SINGAPORE WITH EDB SUPPORT

Under the Theme "One Team. One Journey," the Software Provider Showcases Innovations and Solutions for the Finance SectorSingapore, May 2 (Bernama-GLOBE NEWSWIRE) -- xSuite Asia invites users to join the 2025 User Conference, taking place on May 29 in Singapore, for an in-depth look at future-ready technologies. The one-day event will focus on today’s most critical topics for … Continue reading xSuite Asia Invites Customers to the 2025 User Conference in Singapore

KUALA LUMPUR, May 2 (Bernama) -- Tokyo-based JTB Global Marketing & Travel Inc (JTBGMT) has officially launched “SUNRISE TOURS Premier”, a new premium brand targeting affluent inbound travellers seeking luxurious and exclusive experiences. The launch was marked by the introduction of the premier “Helicopter Cruise! Mt Fuji & Tokyo Half-day Private Morning Tour”, which is … Continue reading JTB Global Unveils Luxury Helicopter Tour Under “SUNRISE TOURS Premier” Brand

Champfromier, May 2  (Bernama-GLOBE NEWSWIRE) -- TURNOVER FOR THE FIRST QUARTER OF 2025 AKWEL (FR0000053027, AKW, PEA-eligible), parts and systems manufacturer for the automotive and heavy-vehicle industry, specialist in fluid management, mechanisms and structural parts for electric vehicles, has recorded, over the first quarter of 2025, a consolidated turnover of €255.6M. Consolidated turnover for the … Continue reading AKWEL: TURNOVER FOR THE FIRST QUARTER OF 2025