• February 6, 2025
  • Last Update February 6, 2025 5:44 pm
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MREM Press Releases

AM Best Affirms Credit Ratings and Assigns National Scale Rating to The New India Assurance Company Limited

SINGAPORE, Oct 23 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of The New India Assurance Company Limited (New India) (India). Additionally, AM Best has assigned the India National Scale Rating (NSR) of aaa.IN (Exceptional)

Program Duta Guru 2023 Upskills 243 Educators With Competency In STEM

KUALA LUMPUR, Oct 20 (Bernama) — Yayasan PETRONAS recently awarded 243 teachers with the Duta Guru recognition under its Program Duta Guru (PDG), which aims to equip 4,500 teachers with Science, Technology, Engineering and Mathematics (STEM) competency to encourage greater learning interest in STEM-related subjects amongst students. Introduced in 2020, PDG is Yayasan PETRONAS’ signature

AM Best Affirms Credit Ratings Of Construction Guarantee Cooperative

HONG KONG, Oct 20 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” (Superior) of Construction Guarantee Cooperative (CG) (South Korea). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect CG’s balance sheet strength, which AM

AM Best Affirms Credit Ratings Of Peak Reinsurance Company Limited And Its Subsidiary

HONG KONG, Oct 20 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Peak Reinsurance Company Limited (Peak Re) (Hong Kong) and its subsidiary, Peak Reinsurance AG (Switzerland). The outlook of these Credit Ratings (ratings) is negative.

Best’s Market Segment Report: AM Best Maintains Negative Outlook on Taiwan’s Non-Life Insurance Segment

HONG KONG, Oct 20 (Bernama-BUSINESS WIRE) — AM Best is maintaining a negative outlook on Taiwan’s non-life insurance segment, citing increased reinsurance costs and a decline in the investment asset base, as some assets were liquidated to pay pandemic-related claims. The Best’s Market Segment Report, “Market Segment Outlook: Taiwan Non-Life Insurance”, states that

Top 10 Finalists from ITEC 2023 South East Asia Edition Prepare for Beijing Grand Finals with Elite Mentorship

KUALA LUMPUR, Oct 20 (Bernama) — The International Technology and Entrepreneurship Competition (ITEC) 2023 – Southeast Asia Edition competition proudly announces its top 10 finalists after 4 selection rounds that attracted participants from different countries. http://mrem.bernama.com/viewsm.php?idm=47283

Cloudbeds Expands Proprietary Payment Solution to More Than 36 Countries

SAN DIEGO, Oct 20 (Bernama-GLOBE NEWSWIRE) — Cloudbeds, the hospitality management platform powering more reservations and happier guests for lodging businesses around the globe, today announced the expansion of its in-platform payment processing solution, Cloudbeds Payments, to 36 countries globally, allowing tens of thousands of hoteliers to reduce operating costs associated

ImmunoScape Uses Machine Learning To Accurately Predict Antigen Specificity Based On T-Cell Phenotypes In New Peer-reviewed Research

SAN DIEGO & SINGAPORE, Oct 20 (Bernama-BUSINESS WIRE) — ImmunoScape, a biotechnology company focused on next-generation immunotherapies, published new peer-reviewed research that demonstrates the use of machine learning to predict the virus specificity of human T-cells. The research, led by ImmunoScape Scientist Michael Fehlings, Ph.D., was published in the scientific journal, Cell

Expanded Selangor ASEAN Business Conference 2023 Provides Deep Insights Into Growth Opportunities Within ASEAN Market

KUALA LUMPUR, Oct 19 (Bernama) — The 7th Selangor ASEAN Business Conference (SABC) 2023 kicked off today at the Kuala Lumpur Convention Centre, Kuala Lumpur. This year, SABC 2023 will run for 2 days instead of the 1-day conference of previous years. Held from 19 to 20 October, the regional thought

Steel decarbonisation to redefine supply chains by 2050

LONDON and HOUSTON and SINGAPORE, Oct 19 (Bernama-GLOBE NEWSWIRE) — According to the latest Horizons report from Wood Mackenzie, the steel industry is set to undergo a significant transformation as decarbonisation efforts accelerate. Titled Metalmorphosis: how decarbonisation is transforming the iron and steel industry the report highlights the emergence of