MREM Press Releases
AM Best Affirms Credit Ratings of NEWGT Reinsurance Company, Ltd.
HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NEWGT Reinsurance Company, Ltd. (NEWGT) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NEWGT’s balance sheet strength, which AM
AM Best Affirms Credit Ratings of Mongolian National Reinsurance JSC
HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Mongolian National Reinsurance JSC (Mongolian Re) (Mongolia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Mongolian Re’s balance sheet strength,
Pace Selected by Prudential Financial to Help Automate Its Insurance Operations with Agentic AI
NEW YORK, Dec 5 (Bernama-BUSINESS WIRE) — Pace, the agentic workforce for insurance, was chosen by Prudential’s Individual Life Insurance (ILI) business to help simplify and improve its service delivery. Pace’s AI-powered agents are now streamlining policy servicing and supporting quality assurance efforts within Prudential’s ILI business. The first set of
Malaysia Advances AI Sovereignty with Nvidia-Powered Data Center; BOOKMAP Summit to Unlock Investment Opportunities
KUALA LUMPUR, Malaysia, Dec 5 (Bernama-GLOBE NEWSWIRE) — BOOKMAP Malaysia will host an investor summit, “AI-Driven Investment Opportunities,” on December 3 at the Melia Hotel Kuala Lumpur. The Malaysian government, in partnership with Nvidia and YTL Power International Bhd., has launched a 600MW Nvidia-powered data center in Kulai, Johor. Located in
AM Best Affirms Credit Ratings of China Taiping Insurance (HK) Company Limited
HONG KONG, Dec 5 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of China Taiping Insurance (HK) Company Limited [CTPI (HK)] (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CTPI (HK)’s
DayOne Secures Up to €1 Billion Mezzanine Financing Facility to Accelerate Finland Platform and Global Expansion
SINGAPORE, Dec 5 (Bernama-GLOBE NEWSWIRE) — DayOne Data Centers, a Singapore-headquartered data center developer and operator, today announced that it has secured a mezzanine financing facility of €500 million, expandable up to €1 billion upon mutual agreement, from global investment firm Brookfield and a global sovereign investor, both long-term investors with
Horizon Quantum Becomes First Quantum Software Company to Own and Operate a Quantum Computer
SINGAPORE, Dec 5 (Bernama-BUSINESS WIRE) — Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), a pioneer of software infrastructure for quantum applications, today announced that it has completed the assembly and integration of a first quantum computer at its Singapore headquarters. The system is now fully operational. https://mrem.bernama.com/viewsm.php?idm=52993
Trident Digital Returns as Title Sponsor of Singapore Comic Con 2025
SINGAPORE, Dec 4 (Bernama-GLOBE NEWSWIRE) — Trident Digital Tech Holdings Ltd. (NASDAQ: TDTH), a Singapore-based leader in digital transformation and Web 3.0 activation, today announced that its flagship Tridentity platform will once again serve as Title Sponsor of Singapore Comic Con 2025 (SGCC 2025), scheduled for 6–7 December 2025 at Marina
For Global Cooperation and Solidarity, The 2025 Imperial Springs International Forum Kicks Off in Guangzhou
GUANGZHOU, China, Dec 4 (Bernama-AsiaNet) — From 1 to 3 December 2025, the 2025 Imperial Springs International Forum, co-hosted by the Australia China Friendship and Exchange Association, the Chinese People’s Association for Friendship with Foreign Countries, the People’s Government of Guangdong Province, and the World Leadership Alliance Club de Madrid, was grandly
Euromonitor International Unveils World’s Top 100 City Destinations for 2025
SINGAPORE, Dec 4 (Bernama-BUSINESS WIRE) — Asia shines this year as Tokyo and Singapore stay in the top 10 and Seoul makes its debut in the ranking, revealed data analytics company Euromonitor International. According to Euromonitor International’s Top 100 City Destinations Index 2025, Asia Pacific stands out as the world’s second-largest region for