Newly Formed Cayman Islands’ GUNA Re Rated Excellent By AM Best
KUALA LUMPUR, March 25 (Bernama) -- AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to the Cayman Islands’ GUNA Re, with a stable outlook. In a statement, AM Best said the credit ratings (ratings) reflect GUNA Re’s strong balance sheet, adequate operating performance, neutral business profile, and appropriate enterprise risk management. GUNA Re was established in February 2026 as a single-parent capti
Best’s Commentary: Proposed Risk-Based Capital Change in Hong Kong Could Bolster Market’s Global Standing
HONG KONG, March 25 (Bernama-BUSINESS WIRE) -- Proposed changes in how the Hong Kong Insurance Authority (HKIA) evaluates non-life insurers’ required capital levels around natural catastrophes and man-made risks, as well as offshore reinsurance business, could bolster this geographic market’s position as a global reinsurance and risk management hub, according to a new AM Best report. The proposed refinements are stipulated in a recently released HKIA consultation paper, f
North Atlantic Energies Delays 2025 Results To April
KUALA LUMPUR, March 24 (Bernama) -- North Atlantic Energies announced it will postpone publication of its 2025 annual results to April 22, citing additional time required for year-end closing procedures following implementation of new accounting and reporting systems since Nov 28, 2025. The company's revised financial calendar sets the annual financial report release for April 29, with the shareholders' annual general meeting scheduled for June 24, according to a statement. N
AM Best Affirms Credit Ratings of Sun Hung Kai Properties Insurance Limited
HONG KONG, March 24 (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 Sun Hung Kai Properties Insurance Limited (SHKPI) (Hong Kong). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect SHKPI’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterp
PDI Technologies Helps EMEA Retailers Operate Smarter at UNITI expo 2026
Returning as a Cooperation Partner, PDI showcases data-driven solutions and emerging AI capabilities that simplify operations, strengthen performance, and improve decision making FRANKFURT, Germany, March 24 (Bernama-GLOBE NEWSWIRE) -- PDI Technologies , a global leader enabling smarter operations across the convenience retail and energy sectors, today announced its return to UNITI expo 2026 as a Cooperation Partner. PDI will demonstrate how its connected ecosystem of solut
AM Best Affirms Credit Ratings of Pacific International Insurance Pty Limited
SINGAPORE, March 24 (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 Pacific International Insurance Pty Limited (Pacific) (Australia). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Pacific’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterpris
Cummins Unveils K50 Marine Engine For Asia Pacific Market
KUALA LUMPUR, March 25 (Bernama) -- Cummins Asia Pacific announced it will showcase its new K50 marine engine at the Asia Pacific Maritime (APM) 2026 exhibition, underscoring its focus on delivering power solutions engineered for the operating conditions and customer needs across the region. The K50 engine is designed and optimised to help commercial marine customers across Asia Pacific meet real-world duty cycles and environmental conditions. The platform is configured with
AM BEST UPGRADES LONG-TERM ISSUER CREDIT RATING OF HANOI RE
KUALA LUMPUR, March 24 (Bernama) -- AM Best has upgraded Hanoi Reinsurance Joint Stock Corporation (Hanoi Re) long-term issuer credit rating (Long-Term ICR) to “bbb+” (Good) from “bbb” (Good) and affirmed the financial strength rating (FSR) of B++ (Good) and the Vietnam National Scale Rating (NSR) of aaa.VN (Exceptional). In a statement, the global credit rating agency said the outlook for the Long-Term ICR has been revised to stable from positive, while the outlook of the FS
Clinical Study Provides Evidence for the Use of Arla Foods Ingredients’ Lacprodan® IF-3070 in Infant Formula
COPENHAGEN, Denmark, March 24 (Bernama-GLOBE NEWSWIRE) -- A clinical study published in Nutrients has shown that infant formula containing Arla Foods Ingredients ’ Lacprodan ® IF-3070 was well tolerated in infants, with growth and development indicators remaining within an appropriate range. 1 The findings provide scientific evidence for formula development in early life nutrition. Lacprodan ® IF-3070 is a partially hydrolysed whey protein ingredient specially designed
Meltwater Recognised In G2’s 2026 Best Software Awards
KUALA LUMPUR, March 24 (Bernama) -- Meltwater has been named to G2’s 2026 Best Software Awards, an annual ranking of the top 50 software companies and products based on verified, authentic user reviews. The recognition builds on Meltwater’s long-standing leadership in media monitoring, public relations (PR) analytics, and media and influencer targeting, where it has consistently held the #1 ranking in G2’s seasonal review reports over several years. G2’s Best Software Awards
