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 New York based Metropolitan Life…

NNR November 2, 2019

Australian Exchange

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 Rating (NSR) of “aaa.MX” of…

NNR November 2, 2019

Australian Exchange

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 catastrophe losses. However, according to…

NNR November 1, 2019

Australian Exchange

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 strong balance sheets of the…

NNR November 1, 2019

Australian Exchange Singapore Exchange

Kiwibank Ltd. ‘A/A-1’ ratings affirmed; outlook positive

MELBOURNE: S&P Global Ratings has affirmed its 'A' long-term and 'A-1' short-term issuer credit ratings on Kiwibank Ltd. The outlook on the long-term rating is positive, reflects the view that…

NNR October 31, 2019

Australian Exchange Ratings

Derwent London signs a new 5-tear £450 million revolving credit facility

LONDON: Derwent London has agreed and signed a new five-year £450 million revolving credit facility (RCF) from HSBC UK, Barclays and NatWest. The financing includes a 'green' tranche of £300…

NNR October 31, 2019

Australian Exchange Singapore Exchange

S&P revises outlook on Powerlong to stable from negative

HONG KONG: S&P Global Ratings has revised its outlook on Powerlong to stable from negative given enhanced debt control. At the same time, S&P affirmed 'B+' long-term issuer credit rating…

NNR October 31, 2019

Australian Exchange Oslo Bourse

Argo Blockchain to increase mining capacity by 240%

LONDON: Argo Blockchain, a leading enterprise-scale cryptominer based in the UK, has amended and expanded its existing order for mining equipment from leading supplier, Bitmain. The Company's existing order for…

NNR October 30, 2019

Australian Exchange

AM Best affirms credit ratings of Caribbean Alliance Insurance Company

OLDWICK: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Caribbean Alliance Insurance Company Limited (CAIC). The outlook of…

NNR October 30, 2019

Australian Exchange

Doha Insurance posts profits

DOHA: Doha Insurance disclosed its financial statements for the period ending on the 30th of September, 2019. The statements show that the Net profit reached QR 40 million compared to…

NNR October 30, 2019

Australian Exchange

Zalaris posts 8.2% growth in revenues for September quarter

OSLO: Zalaris ASA, the provider of payroll and HR solutions, posted third quarter ended September 30, 2019 revenues of NOK 190.7 million making 2019 the 19th year of uninterrupted growth…

NNR October 30, 2019

Australian Exchange

BH Mubasher Financial Services posts profits in Q3

DUBAI: BH Mubasher Financial Services (BHM), a leading brokerage firm in the UAE’s financial market, reported a quarterly profit in the third quarter following an overall company restructuring in May/June…

NNR October 30, 2019