AM

AM Best Affirms Credit Ratings of ZhongAn Online P & C Insurance Co., Ltd.

Retrieved on: 
Thursday, November 9, 2023
Insurance, Professional Services, Online, RMB, AM Best, Health, Credit, News, AM, ZhongAn, Growth, Risk management, USD, Communication, ALL

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (ZhongAn) (China).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P & C Insurance Co., Ltd. (ZhongAn) (China).
  • 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 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Evergreen Insurance Company Limited

Retrieved on: 
Thursday, November 9, 2023
Insurance, Professional Services, AM Best, EICL, Credit, News, Evergreen International, AM, Aviation, Risk management, Bermuda, USD, Evergreen Group, Communication, ALL, Parent, Reinsurance

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • 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 .

AM Best Downgrades Credit Ratings of 777 Re. Ltd.; Places Credit Ratings Under Review With Negative Implications

Retrieved on: 
Thursday, November 9, 2023
Professional Services, Insurance, Finance, Partner, JANA Partners LLC, Good, AM Best, Credit, News, AM, Bank statement, Risk management, ERM, Investment, ALL

Concurrently AM Best has placed these Credit Ratings (ratings) under review with negative implications.

Key Points: 
  • Concurrently AM Best has placed these Credit Ratings (ratings) under review with negative implications.
  • 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 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best to Deliver Insights on New Zealand’s Insurance Industry at Upcoming Auckland Briefing

Retrieved on: 
Wednesday, November 8, 2023
Banking, Professional Services, Insurance, Finance, Q&A, AM Best, Quay Street, Level, Credit, News, AM, Kapisanan ng mga Brodkaster ng Pilipinas, ALL, Management, Film industry

AM Best’s Insurance Market Briefing – Auckland will explore the state of New Zealand’s insurance industry during a late afternoon event on Thursday, 16 November 2023.

Key Points: 
  • AM Best’s Insurance Market Briefing – Auckland will explore the state of New Zealand’s insurance industry during a late afternoon event on Thursday, 16 November 2023.
  • The market briefing will take place at 4:00 p.m. (GMT+13) at Level 2/204 Quay Street, Auckland.
  • In addition, Kent Chaplin, chief executive officer, Delta Insurance Group, will discuss Delegated Underwriting Authority Enterprises (DUAEs).
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

6K Additive and Metal Powder Works Announce Strategic Partnership to Bring Pure Copper, Copper Alloys, and Bronze AM Powder to the Market

Retrieved on: 
Thursday, November 9, 2023
Tungsten, Plasma, EV, Stainless steel, Rhenium, Niobium, Copper, Organization, Titanium, Nickel, AM, MOU, Partnership, Powder, Alloy, MPW, Powder metallurgy

FRANKFURT, Germany, Nov. 9, 2023 /PRNewswire/ -- 6K Additive, a division of 6K Inc. and leader in the sustainable production of materials for additive manufacturing and metal alloys and Metal Powder Works (MPW), the leader in solid state powder production, announced today at the Formnext conference the signing of an MOU and strategic partnership to produce pure copper, copper alloys, leading to strategically important powders such as copper/nickel, and bronze alloy powders for additive manufacturing. The high yield production achievable with both Metal Powder Works' DirectPowder™ Process and 6K Additive's UniMelt® microwave plasma ensures economic advantages, faster time to market, and sustainable production from both feedstock creation and the production of these materials.

Key Points: 
  • The high yield production achievable with both Metal Powder Works' DirectPowder™ Process and 6K Additive's UniMelt® microwave plasma ensures economic advantages, faster time to market, and sustainable production from both feedstock creation and the production of these materials.
  • "The market for copper is eager for a scalable solution that can not only deliver high-quality material, but one that can bring simplicity to the supply chain with a very sustainable process," said Frank Roberts, President of 6K Additive.
  • "The synergies between our two organizations ensure customers can source their material sustainably, reliably, and with the quality that meets their stringent specifications."
  • This alliance with 6K Additive opens up MPW's technology to provide more materials to the AM market."

6K Additive and Metal Powder Works Announce Strategic Partnership to Bring Pure Copper, Copper Alloys, and Bronze AM Powder to the Market

Retrieved on: 
Thursday, November 9, 2023
Tungsten, Plasma, EV, Stainless steel, Rhenium, Niobium, Copper, Organization, Titanium, Nickel, AM, MOU, Partnership, Powder, Alloy, MPW, Powder metallurgy

FRANKFURT, Germany, Nov. 9, 2023 /PRNewswire/ -- 6K Additive, a division of 6K Inc. and leader in the sustainable production of materials for additive manufacturing and metal alloys and Metal Powder Works (MPW), the leader in solid state powder production, announced today at the Formnext conference the signing of an MOU and strategic partnership to produce pure copper, copper alloys, leading to strategically important powders such as copper/nickel, and bronze alloy powders for additive manufacturing. The high yield production achievable with both Metal Powder Works' DirectPowder™ Process and 6K Additive's UniMelt® microwave plasma ensures economic advantages, faster time to market, and sustainable production from both feedstock creation and the production of these materials.

Key Points: 
  • The high yield production achievable with both Metal Powder Works' DirectPowder™ Process and 6K Additive's UniMelt® microwave plasma ensures economic advantages, faster time to market, and sustainable production from both feedstock creation and the production of these materials.
  • "The market for copper is eager for a scalable solution that can not only deliver high-quality material, but one that can bring simplicity to the supply chain with a very sustainable process," said Frank Roberts, President of 6K Additive.
  • "The synergies between our two organizations ensure customers can source their material sustainably, reliably, and with the quality that meets their stringent specifications."
  • This alliance with 6K Additive opens up MPW's technology to provide more materials to the AM market."

AM Best Affirms Credit Ratings of International General Insurance Holdings Ltd. and Its Subsidiaries

Retrieved on: 
Wednesday, November 8, 2023
Banking, Professional Services, Insurance, Finance, IGI, AM Best, Good, International, Credit, News, AM, Risk management, Bermuda, ALL, Bank

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of International General Insurance Co. Ltd., (IGICL) (Bermuda), International General Insurance Company (UK) Limited (IGIUK) (United Kingdom) and International General Insurance Company (Europe) P.L.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of International General Insurance Co. Ltd., (IGICL) (Bermuda), International General Insurance Company (UK) Limited (IGIUK) (United Kingdom) and International General Insurance Company (Europe) P.L.C.
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of International General Insurance Holdings Ltd. (IGI) (Bermuda) [NASDAQ: IGIC].
  • 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 .

AM Best Affirms Credit Ratings of Colina Insurance Limited and Colina Holdings Bahamas Limited

Retrieved on: 
Wednesday, November 8, 2023
Insurance, Professional Services, Good, AM Best, Credit, News, AM, COVID-19, Risk, ERM, ALL, Security (finance), Risk management

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Colina Insurance Limited (Colina).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bbb+” (Good) of Colina Insurance Limited (Colina).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bb+” (Fair) of Colina Holdings Bahamas Limited (CHBL).
  • 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 .

Addition of New Stratasys Materials Reinforces Commitment to End-use Production and Manufacturing-grade Prototyping

Retrieved on: 
Wednesday, November 8, 2023
Automotive Manufacturing, Aerospace, Technology, Manufacturing, Other Technology, Other Manufacturing, Packaging, Engineering, Hardware, Electronic Design Automation, Chemicals, Plastics, ESD, Elastomer, PC, Rigidity, FDM, Housing, Heat deflection temperature, HDT, Temperature, DLP, AM, Printing, Multimedia, BASF, SAE, Growth, TPU, Stratasys, Henkel, 3D printing, Thermoplastic

The addition of these new materials opens the possibilities for more manufacturing applications and to accelerate the expansion of material options available in the marketplace.

Key Points: 
  • The addition of these new materials opens the possibilities for more manufacturing applications and to accelerate the expansion of material options available in the marketplace.
  • View the full release here: https://www.businesswire.com/news/home/20231108418824/en/
    Parts made from new Stratasys materials.
  • To support the continued growth of the Stratasys F900TM, Stratasys has two new materials for the F900, as well as eight new colors for ULTEM™, PC, and PC-ABS.
  • “Expanding our portfolio of validated materials offers our customers the additional choices needed to address a broader range of applications to produce at scale,” said Stratasys CEO Dr. Yoav Zeif.

Evolve Additive Solutions Enhances Production Portfolio with New Global Parts Service and Two New Materials

Retrieved on: 
Wednesday, November 8, 2023
Technology, Manufacturing, Professional Services, Electronic Commerce, Venture Capital, Other Manufacturing, Software, Engineering, Machine Tools, Metalworking & Metallurgy, Electronic Design Automation, Chemicals, Plastics, SVP, HDT, AM, STEP, Marketing, ABS, 3D printing

Evolve Additive Solutions , provider of industrial 3D printing solutions, announced today at Formnext the commercial launch of its all-new parts production service, STEP Parts Now , as well as an expansion of its materials portfolio.

Key Points: 
  • Evolve Additive Solutions , provider of industrial 3D printing solutions, announced today at Formnext the commercial launch of its all-new parts production service, STEP Parts Now , as well as an expansion of its materials portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20231102395276/en/
    ABS Check Valves / Image credit: Evolve Additive Solutions
    Meeting production demand, along with Evolve’s drive to broaden access to its Selective Thermoplastic Electrophotographic Process (STEP™) technology, spurred the creation of the new parts production service.
  • Customers now have additional options in their pursuit of additive manufactured parts from prototype through production.
  • “What we are launching with STEP Parts Now is much more than parts as a service,” said Jeff Hanson, Evolve’s Senior Vice President of Go-to-Market.