AM Best revises rating outlook to negative for the Order of United Commercial Travelers of America
OLDWICK: 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...
Mothercare UK announces measures to being a cash generative and profitable business in FY21
LONDON: Mothercare UK Limited (Mothercare UK) and Mothercare Business Services Limited (MBS) have announced further steps in the restructuring of the Group to return to...
Visa launches suite of security capabilities to prevent and disrupt payment fraud
BARCELONA, SPAIN:Visa has launched a suite of innovative security capabilities to help prevent and disrupt payment fraud, breaking new ground in cyber security and fraud...
Amanat Holdings posts 38% increase in net profit
DUBAI: Amanat Holdings PSJC announced its consolidated financial results for the nine-month period ended 30 September 2019 recording an increase of 38% in net profit...
Multibank ‘BBB/A-2’ ratings placed on Watch Negative
MEXICO CITY: S&P Global Ratings has placed its ‘BBB’ long-term and ‘A-2’ short-term issuer credit ratings on Multibank on CreditWatch negative following Banco de Bogotá’s...
INOVEST, net profit, earning per share, financial results
MANAMA, BAHRAIN: INOVEST, a Category 1 Investment Firm (Shari’a Principles) regulated by the Central Bank of Bahrain and publicly listed on both Bahrain Bourse and...
BHB commences subscription in the 19th issue of Government Development Bond
MANAMA, BAHRAIN: Bahraini and non-Bahraini investors can now directly subscribe through the primary market of Bahrain Bourse (BHB) in the Government Development Bond Issue 19...
AM Best affirms ratings of Spirit Insurance and Radius Insurance
OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” of Spirit Insurance Company and...
AM Best affirms credit ratings of MetLife, Inc. and its subsidiaries
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” of the...
AM Best affirms credit ratings of General de Seguros
MEXICO CITY: AM Best has affirmed the Financial Strength Rating of A- (Excellent), the Long-Term Issuer Credit Rating of “a-”, and the Mexico National Scale...
Outlook on Japan non-life insurance market stable
HONG KONG: AM Best has maintained a stable market segment outlook on Japan’s non-life insurance segment, as domestic insurers record profitable underwriting performance despite significant...
Mexico insurance industry outlook stable: AM Best
MEXICO CITY: The AM Best rating company is maintaining a stable market segment outlook on Mexico’s insurance market. The stable outlook is based on the...