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AM Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries

Retrieved on:

Thursday, February 15, 2024

Insurance, Professional Services, Bankers Life, Long-Term Capital Management, ALL, CNO Financial Group, FSR, CNO, Risk management, News, AM Best, Retirement, Life, History, FIA, Credit, Good, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].

Key Points:

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].
These subsidiaries are referred to collectively as CNO Financial Group (CNO).
Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of CNO Financial Group, Inc.
For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

American Equity Reports Record $7+ Billion Annual FIA Sales and Strong Financial Results to Cap a Historic 2023

Retrieved on:

Wednesday, February 14, 2024

American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities, today reported strong fourth quarter 2023 results.

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American Equity Investment Life Holding Company (NYSE: AEL), a leading issuer of fixed index annuities, today reported strong fourth quarter 2023 results.
Sales of fixed index annuities remained strong supported by the company's continued emphasis on its guaranteed retirement income product offerings.
American Equity's President and CEO, Anant Bhalla stated: "Supported by our strategy flywheel, American Equity had an outstanding 2023 capped off by our strong results in the fourth quarter.
Results in the third quarter of 2023 included positive notable items2 of $21.0 million, or $0.26 per share after taxes.

Farmers Life Insurance Selects FireLight e-Application to Deliver a Digital, Accelerated Sales Experience

Retrieved on:

Thursday, February 8, 2024

Software, Technology, Professional Services, Insurance, Growth, Environment, Firelight, FIA, Life, Automation, Life insurance

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announces that Farmers Life Insurance Company (Farmers Life), has chosen FireLight e-application to provide their distribution partners a streamlined and accelerated e-submission process for their expanding annuity offerings.

Key Points:

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announces that Farmers Life Insurance Company (Farmers Life), has chosen FireLight e-application to provide their distribution partners a streamlined and accelerated e-submission process for their expanding annuity offerings.
Farmers Life selected the FireLight platform to digitalize its annuity paper application to make it easier and quicker for its network of distribution partners and their advisors to access and submit Farmers Life annuity applications for faster contract issuance.
Farmers Life will provide advisors with a familiar, straightforward, in-good-order annuity application experience using available FireLight integrations and incorporating its payment processor.
FireLight also provides Farmers Life with automation, business rules and features to enhance back-office sales operations and efficiencies.

Komatsu and Williams Racing reignite historic partnership

Retrieved on:

Monday, February 5, 2024

The most notable achievements were in 1996 and 1997, when Komatsu supported Williams Racing to Constructors’ and Drivers’ Championships with Damon Hill and Jacques Villeneuve respectively.

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The most notable achievements were in 1996 and 1997, when Komatsu supported Williams Racing to Constructors’ and Drivers’ Championships with Damon Hill and Jacques Villeneuve respectively.
These areas will overlap and combine within the partnership, as Komatsu endeavours to engage and bring focus to the next generation of innovators through STEM events enriched by the Williams Racing esports platform.
“Komatsu and Williams Racing have shared values around innovation and the development of our people,” said Hiroyuki Ogawa, President and CEO of Komatsu Ltd. “Through our partnership we look forward to creating value together, both on and off the track.
James Vowles, Team Principal of Williams Racing said: “Williams Racing is delighted to be rekindling our relationship with Komatsu.

ABK Beer becomes Official Beer of Rugby League

Retrieved on:

Monday, February 5, 2024

RL Commercial have today announced a major new partnership for the sport with ABK Beer, one of the oldest and most popular breweries in Germany, becoming the Official Beer of Rugby League.

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RL Commercial have today announced a major new partnership for the sport with ABK Beer, one of the oldest and most popular breweries in Germany, becoming the Official Beer of Rugby League.
ABK Beer will have rights across the Betfred Super League, Betfred Challenge Cup and England Rugby League.
The staff at ROKiT Drinks have been great to work with and have fully bought into Rugby League and our ethos.
Jonathan Kendrick, Chairman and co-Founder of ROKiT, added, "We're very excited that ABK Beer has become the official beer of Rugby League, not just because we know rugby fans appreciate excellent beer, but also the history and ethos of Rugby League sit very well with the traditions and values of our 700 year old brewery."

Double podium to start the season for TOYOTA GAZOO Racing

Retrieved on:

Monday, January 29, 2024

Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team has started the 2024 FIA World Rally Championship season with a double podium finish at Rallye Monte-Carlo with Sebastien Ogier second and Elfyn Evans third.

Key Points:

Toyota City, Japan, Jan 29, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team has started the 2024 FIA World Rally Championship season with a double podium finish at Rallye Monte-Carlo with Sebastien Ogier second and Elfyn Evans third.
Sami Pajari and Enni Malkonen (Printsport) were the best-placed crew at the finish in 12th overall and fifth in class RC2.
"The start of our eighth WRC season was a new step for TOYOTA GAZOO Racing WRT.
For TOYOTA GAZOO Racing, WRC is not just a competition to win.

TOYOTA GAZOO Racing launches 2024 WRC challenge at iconic opener

Retrieved on:

Friday, January 19, 2024

Toyota City, Japan, Jan 19, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team will target a successful start to the 2024 FIA World Rally Championship at the famous Rallye Monte-Carlo on January 25-28.

Key Points:

Toyota City, Japan, Jan 19, 2024 - (JCN Newswire) - TOYOTA GAZOO Racing World Rally Team will target a successful start to the 2024 FIA World Rally Championship at the famous Rallye Monte-Carlo on January 25-28.
While the technical regulations remain stable, a radical change has been made to the WRC points system for 2024, aimed at enhancing the sporting spectacle on the final day of rallies.
Rallye Monte-Carlo is one of the trickiest rallies in terms of the conditions with difficult tyre choices, but we're up for the challenge."
Follow TOYOTA GAZOO Racing WRT:

Honda 2024 Motorsports Program Overview

Retrieved on:

Friday, January 19, 2024

TOKYO, Jan 19, 2024 - (JCN Newswire) - TOKYO, Jan 19, 2024 - (JCN Newswire) - Honda announced its motorsports participation plans for the 2024 season.

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TOKYO, Jan 19, 2024 - (JCN Newswire) - TOKYO, Jan 19, 2024 - (JCN Newswire) - Honda announced its motorsports participation plans for the 2024 season.
2024 will see Luca Marini join the Repsol Honda Team, and Johann Zarco join the CASTROL Honda LCR team.
Honda will continue the same partnership with both teams in 2024, its 60th anniversary*6 of F1 activities, aiming for even greater heights.
In North America, Honda Performance Development (HPD), which has been responsible for Honda's racing activities in the region, has been renamed to Honda Racing Corporation USA (HRC-US) in January 2024, and will aim to enhance Honda's automobile motorsports development on a global scale.

Le Mans Ultimate announces Early Access release plan ahead of February launch

Retrieved on:

Thursday, February 1, 2024

Motorsport fans can start their Le Mans Ultimate journey through either Online events, powered by the latest version of RaceControl coming to Le Mans Ultimate, or Single Player Race Weekends.

Key Points:

Motorsport fans can start their Le Mans Ultimate journey through either Online events, powered by the latest version of RaceControl coming to Le Mans Ultimate, or Single Player Race Weekends.
Game development will be a collaborative process with Le Mans Ultimate providing regular updates on the build of the game, fixes, features, content development and quality of life updates.
“397 laps is the highest number of laps ever completed by a team at Le Mans, giving Studio 397 its unique name.
For further information on Le Mans Ultimate visit www.lemansultimate.com or the games’ social media channels or by visiting Le Mans Ultimate on Steam and Wishlisting the product today to keep up to date with all developments.

Abaxx Provides Q1 Corporate Update

Retrieved on:

Thursday, February 1, 2024

Carbon, Lithium, Electron capture, Money, TLW, Podcast, AI, Futures Industry Association, Engineering, FIA, NEO, Q&A, Metal, Broker, Risk, EST, Q1, MAS, Security (finance)

TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, summarizes development activities over the past quarter and the general progress of the Company’s business plans.

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TORONTO, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, summarizes development activities over the past quarter and the general progress of the Company’s business plans.
Abaxx Singapore completed the onboarding of a multinational bank as Abaxx Clearing’s second settlement bank and Abaxx Clearing is now active on the Swift network.
The Company plans to host a quarterly business update investor presentation, to provide a business update and respond to investor questions.
The Company invites current and prospective shareholders to attend this quarterly business update and Q&A session with the Abaxx executive team.