Saturday, 2 April 2016

A.M. BEST ASSIGNS RATINGS TO TAIPING REINSURANCE (CHINA) COMPANY LTD.

HONG KONG, April 1 (Bernama-BUSINESS WIRE) -- A.M. Best has assigned a financial strength of A (Excellent) and the issuer credit rating of “a” to Taiping Reinsurance (China) Company Ltd. (TPRe (China)) (China). The outlook assigned to both ratings is stable. TPRe (China) is a wholly owned subsidiary ofTaiping Reinsurance Company Limited (TPRe).
                              
The ratings reflect the strategic importance of TPRe (China) to TPRe, TPRe (China)’s adequate standalone balance sheet strength based on the business plan projection provided to A.M. Best, management’s solid experience in China’s domestic market, and the average but catastrophe-sensitive historical operating performance that TPRe’s Beijing branch has achieved over the past five years.


Friday, 1 April 2016

NTT COM EXPANDS ID FEDERATION FOR ENTERPRISES

Simplified ID management service now available in Hong Kong, Taiwan, Malaysia, Indonesia and Vietnam
 
TOKYO, March 31 (Bernama-BUSINESS WIRE) -- NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within NTT (NYSE:NTT), announced today that it will expand overseas sales of ID Federation, an Identity as a Service (IDaaS) that enables diverse business applications to be used conveniently and securely with one ID, from April 1, 2016.



ZACD GROUP SELECTS YARDI SOFTWARE FOR INVESTMENT MANAGEMENT

Singapore real estate investor anticipates better business oversight with new platform

SINGAPORE, March 31 (Bernama-BUSINESS WIRE) -- Regional investment strategist ZACD Group will streamline its real estate investment operations with an integrated suite of Yardi® solutions. The new platform will be anchored by Yardi Voyager® 7S, a mobile, cloud-based property management system.


WISEKEY TO LIST ON THE SIX SWISS STOCK EXCHANGE ON MARCH 31, 2016

WISeKey International Holding Ltd (“WIHN”) announces successful exchange offer for WISeKey SA shares – 90.9% tendered

Listing and first trading day of WIHN Class B Shares on the SIX Swiss Exchange on March 31, 2016

ZUG, Switzerland, March 31 (Bernama-BUSINESS WIRE) -- WISeKey International Holding Ltd (“WIHN”) announced today that it has successfully completed all steps to list its registered shares, nominal value CHF 0.05 (“Class B Shares”), on the SIX Swiss Exchange on March 31, 2016:



PACIFIC LIFE RE OPENS NEW BRANCH AND READY TO WRITE ONSHORE REINSURANCE BUSINESS IN KOREA

SEOUL, South Korea, March 31 (Bernama-BUSINESS WIRE) -- Pacific Life Re Limited, Korea Branch (“Pacific Life Re Korea”) has received regulatory approval from the Financial Services Commission (FSC) to commence writing onshore reinsurance business in Korea.
 
Pacific Life Re Korea is part of Pacific Life Re, the reinsurance division of the Pacific Life group. Pacific Life Re has existing offices in Asia, Europe, Australia, and North America. The ultimate parent is Pacific Mutual Holding Company, a US-based mutual life insurance company founded in 1868 with over US$137bn in Company Assets, as of December 31, 2015.


CYPARK 1Q2016 PROFIT AFTER TAX INCREASED SIGNIFICANTLY

Revenue for 1Q2016 increased 14.8% to RM68.8 million from RM59.9 million in 1Q2015
 
PETALING JAYA, March 31 (Bernama) -- Integrated renewable energy developer and green engineering solutions provider, Cypark Resources Berhad (Cypark) today announced that the Group's revenue for 1Q2016 increased by RM8.9 million or 14.8% to RM68.8 million as compared to RM59.9 million  recorded  in  1Q2015 due  to  the  increase  in  income  from environmental  engineering  works.


FUKUSHIMA TO PRESENT DOCUMENTARY ANIMATION FILM OF "FIVE YEARS AFTER THE GREAT EAST JAPAN EARTHQUAKE"

FUKUSHIMA, Japan, March 30 (Bernama-BUSINESS WIRE) -- The Fukushima prefectural government released a series of documentary animations entitled "Letters to the Future -On Our Way There-" on February 15, 2016. Presented as an anthology based on true stories, the animations depict events that occurred after the Great East Japan Earthquake and the various emotions experienced by people living in the prefecture. The animation films are available at a specially set up website: http://miraitegami.jp/en/.

Five years have passed since the Great East Japan Earthquake struck Fukushima on March 11, 2011. Although reconstruction has progressed with the rebuilding of devastated buildings and such, the area is still burdened with a number of problems including harmful rumors that have damaged the reputation of the area's agricultural and marine products. In order to eliminate these problems, the prefecture has decided to introduce the world to the "light" and "shadow" of today's Fukushima through Japan's world-renowned culture of animation.
http://mrem.bernama.com/viewsm.php?idm=26477