MREM Press Releases
AM Best Revises Outlooks to Negative for General Insurance Corporation of India
SINGAPORE, March 2 (Bernama-BUSINESS WIRE) — AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of General Insurance Corporation of India (GIC Re) (India). These Credit Ratings (ratings) reflect GIC Re’s balance
Sun Life Malaysia Takaful Ramps Up Efforts in Sprint Two of Race for Cover: Towards Takaful 2020
Efforts to reduce the protection gap and raise the penetration rate of the Family Takaful segment in Malaysia KUALA LUMPUR, Malaysia, March 2 (Bernama) — Sun Life Malaysia Takaful Berhad (Sun Life Malaysia Takaful) continues to empower more Malaysians to achieve lifetime financial security and live healthier lives with its firm support towards
Cybersecurity Guarantees Brand Power — Onward Security’s AI-based Products Win 7 Awards in International Cybersecurity Competition
TAIPEI, March 2 (Bernama-BUSINESS WIRE) — Onward Security, a leader in IoT cybersecurity assessment solutions, announced that it has stood out from more than 500 entries and won 6 gold and 1 silver awards in the Cybersecurity Excellence Awards 2020. The company was granted the Gold Award for the Best
Mary Kay Inc. Partners With SPICE to Help Shape the Future of Sustainable Packaging
DALLAS, March 2 (Bernama-BUSINESS WIRE ) — Mary Kay Inc., a cosmetic industry leader in corporate and social responsibility, today announced they’ve joined the Sustainable Packaging Initiative for Cosmetics (SPICE) along with 17 current member organizations including Hermes, Chanel, Coty, Estee Lauder, and others, to guide sustainable packaging policies, drive
AM Best Affirms Credit Ratings of Pinnacle Life Limited
SINGAPORE, March 2 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” of Pinnacle Life Limited (Pinnacle Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Pinnacle Life’s balance sheet strength, which AM
AM Best Affirms Credit Ratings of Tugu Insurance Company Limited
HONG KONG, March 2 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Tugu Insurance Company Limited (TIC) (Hong Kong). The outlook of these Credit Ratings (ratings) is negative. The ratings reflect TIC’s balance sheet strength, which
BluJay Solutions Acquires Australian Customs and Forwarding Technology Provider Expedient Software
MELBOURNE, Australia, March 2 (Bernama-BUSINESS WIRE) — BluJay Solutions, a global provider of supply chain applications, networks, and data solutions, today announced it has acquired Expedient Software. Expedient is a leading provider of customs and forwarding software for the logistics market in Australia and New Zealand. With the acquisition, BluJay broadens
AM Best Affirms Credit Ratings of Momentum Life Limited
SINGAPORE, March 2 (Bernama-BUSINESS WIRE) —AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Momentum Life Limited (Momentum Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Momentum Life’s balance sheet strength, which AM
Media Statement – COVID-19 Stimulus Package
KUALA LUMPUR, Feb 28 (Bernama) — MFPC welcomes the broad-based RM20 Billion economic stimulus plan to mitigate the economic pain of the rakyat. The very timely stimulus plan will help businesses and households manage aspects of personal finance and boost the sluggish economy. Key points that we wish to highlight include:-
PETRONAS’ Breakthrough Technology In Structure Health Monitoring
Developed By Local Talents ADaPT Accurately Predicts Mechanical Damage KUALA LUMPUR, Feb 28 (Bernama) — PETRONAS announced a breakthrough invention, Advance Diagnostic and Prognostic Technology (ADaPT), a digital solution that predicts mechanical damage at various facilities to prevent unplanned plant shutdown and revenue loss. Developed by local talents, the technology is