Credit

AM Best Downgrades Issuer Credit Rating of Sompo International Holdings Ltd.; Affirms Issue Credit Ratings on Debt Issuances

10 days ago   |   By A.M. Best

AM Best has downgraded the Long-Term Issuer Credit Rating of Sompo International Holdings Ltd. from “a” to “a-”. The downgrade is to harmonize the ...
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AM Best Affirms Credit Ratings of Jupiter Insurance Limited

10 days ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of “a” of Jupiter Insurance Limited , a captive of BP p.l.c. ...
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AM Best Affirms Credit Ratings of Saturn Insurance Inc

10 days ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” of Saturn Insurance Inc.. Saturn is a captive ...
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AM Best Assigns Credit Ratings to Seguros Reservas S.A

10 days ago   |   By A.M. Best

AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of “a-” to Seguros Reservas S.A. (Santo Domingo, Dominican ...
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AM Best Revises Outlooks to Negative for Polskie Towarzystwo Reasekuracji S.A

10 days ago   |   By A.M. Best

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” ...
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AM Best Assigns Credit Ratings to NEIL Overseas Designated Activity Company

10 days ago   |   By A.M. Best

AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of “a+” to NEIL Overseas Designated Activity Company. The ...
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AM Best Affirms Credit Ratings of Taiping Reinsurance Company Limited and Its Subsidiary

10 days ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of “a” of Taiping Reinsurance Company Limited and its wholly ...
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AM Best Affirms Credit Ratings of Delvag Versicherungs-AG

10 days ago   |   By A.M. Best

AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of “a-” of Delvag Versicherungs-AG. The outlook of these ...
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Phantom Auto Buys Voysys To Boost Remote Operation Capabilities

Phantom Auto software makes it possible to operate a forklift or other industrial vehicle remotely from thousands of miles away. Tuesday, the Silicon Valley startup announced... Read more ...

Does Refinancing Hurt Your Credit?

Does Refinancing Hurt Your Credit?

Before you make any big financial decision, it's crucial to learn how it may affect your credit score. If you're looking to refinance, it's natural to wonder if it might hurt... Read more ...

8 Types Of Mortgages For All Home Buyers

8 Types Of Mortgages For All Home Buyers

As a prospective home buyer, it's just as important to research types of mortgages as the neighborhoods you want to live in. Applying for a home loan can be complicated, and... Read more ...

South Korean Internet Giant Buys Poshmark in $1.2 Billion Deal

With its new acquisition - the company's largest to date - Naver has gained a sizable foothold in North America's secondhand retail market. Read more ...

Egyptian venture capital firm Algebra Ventures hits first close of second...

Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million... Read more ...

UK on brink of gas supply emergency - regulator

UK on brink of gas supply emergency - regulator

Ofgem expects gas shortages in the country this winter The UK may enter a gas supply emergency due to shortages this winter, according to energy regulator Ofgem. “ Due to the... Read more ...

Strikes halt French refineries

Strikes halt French refineries

Protests triggered by spiraling inflation and pension reform could lead to fuel shortages in the country Strikes at French energy company TotalEnergies have dragged on for the... Read more ...

GIC backs Indian EV startup Euler Motors in $60 million funding

Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production... Read more ...

Investors Should Lean on Quality Assets and Diversification to Weather

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Mastercard pushes deeper into crypto with new tool for combating fraud

Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network. Read more ...