MREM Press Releases
Best’s Commentary: Japanese Insurers Continue to Grapple With Global Market Volatility
HONG KONG, March 23 (Bernama-BUSINESS WIRE) — Despite the recent global equities rout, insurers in Japan remain financially stable to weather market volatility given their robust balance sheet fundamentals, according to an AM Best commentary. The new Best’s Commentary, titled, “Japanese Insurers Continue to Grapple With Global Market Volatility,” states that in AM Best’s
AM Best Withdraws Credit Ratings of National Insurance Company Limited
SINGAPORE, March 23 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of C (Weak) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “ccc” of National Insurance Company Limited (National) (India). The outlook of these Credit Ratings (ratings) is negative. Concurrently, AM Best has withdrawn these ratings
PRA Health Sciences Launches COVID-19 Monitoring Program
RALEIGH, N.C., March 23 (Bernama-GLOBE NEWSWIRE) — PRA Health Sciences announced today the commercial availability of the COVID-19 Monitoring Program, a mobile app-driven, tiered initiative that allows employers, payers, providers and health systems to track the health and wellbeing of individuals who may be asymptomatic, exposed or diagnosed with COVID-19
Life Insurance Companies Offer Additional Relief Measures for Policyholders in facing the COVID-19 crisis
KUALA LUMPUR, March 23 (Bernama) — The Life Insurance Association of Malaysia (LIAM) and its member companies are taking proactive steps in providing additional relief measures for policyholders who are impacted by the economic slowdown due to the COVID-19 pandemic in the country. The following additional benefits are a few examples
Guotai Junan International Announces 2019 Annual Results
HONG KONG, March 23 (Bernama-BUSINESS WIRE) — Guotai Junan International Holdings Limited (“Guotai Junan International”, “the Group” or “the Company”, Stock code: 1788.HK) today announced its annual results for the year ended 31 December 2019 (the “Year”). Benefitting from good performance in debt capital markets, equity capital markets , brokerage, asset management,
Taconic Biosciences Supports Coronavirus Research
Announces Preclinical COVID-19 Research Tools RENSSELAER, N.Y., March 23 (Bernama-GLOBE NEWSWIRE) — Taconic Biosciences, a global leader in providing drug discovery animal model solutions, announces support for global COVID-19 research efforts via a new Coronavirus Toolkit featuring relevant models and services. Mouse models have been extensively used for research on the SARS-CoV virus,
WRP Asia Pacific Donates 102,000 Gloves To UMMC
Contributes to Government’s Efforts to Contain COVID-19 Outbreak KUALA LUMPUR, March 20 (Bernama) — As the government of Malaysia escalates measures to control the COVID-19 outbreak and medical centers come under tremendous pressure, WRP Asia Pacific Sdn Bhd (WRP) today contributed 102,000 medical-grade examination gloves to University Malaya Medical Centre (UMMC),
A Shot In The Arm For SMEs: Agrobank Announces A Suite Of Measures
KUALA LUMPUR, March 20 (Bernama) — As the COVID-19 outbreak widens with Malaysia entering the second wave of the spread, Agrobank announced a suite of measures along with initiatives undertaken by Bank Negara Malaysia (BNM) aiming to provide relief to Small and Medium Enterprises (SMEs) affected by the pandemic. MoratoriumAgrobank is
CSOP USD Money Market ETF (Stock code:9096.HK) was rated “AAAf” by Fitch Ratings
HONG KONG, March 20 (Bernama-BUSINESS WIRE)– On March 11th 2020, one of the Big Three credit rating agencies, Fitch Ratings (“Fitch”), has assigned a first-time Fund Credit Quality Rating of ‘AAAf’, the highest rating within the rating agency, to CSOP US Dollar Money Market ETF (stock code: 9096.HK), which is
AM Best Affirms Credit Ratings of BNZ Life Insurance Limited
SINGAPORE, March 20 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of BNZ Life Insurance Limited (BNZ Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect BNZ Life’s balance sheet strength, which