VIPKID Named One of the World’s 50 Most Innovative Companies for 2018 by Fast Company

SAN MATEO, Calif.--(BUSINESS WIRE)--#FCMostInnovative--Global education technology company VIPKID today announced its inclusion in Fast Company’s annual ranking of the world’s 50 Most Innovative Companies for 2018. VIPKID ranks No. 29 on the list, which also includes inspiring companies such as Apple (No.1), Netflix, Square, Tencent, Amazon and Slack.


VIPKID is also No. 2 on the Top 10 Most Innovative Companies in China list.

Fast Company’s annual ranking of the world’s 50 Most Innovative companies honors leading enterprises and rising newcomers that exemplify the best in business and innovation. More than three dozen Fast Company editors, reporters, and contributors identified the most notable innovations of the year.

Fast Company credits VIPKID for “making education a universal language.”

“We are honored to be selected by Fast Company as one of the world’s 50 Most Innovative Companies,” said Cindy Mi, Founder and CEO of VIPKID. “As a global education technology company, constant innovation has been critical to delivering on our mission to inspire and empower every child for the future,” Mi said.

Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides both a snapshot and a road map for the future of innovation across the most dynamic sectors of the economy. “This year’s MIC list is an inspiring and insightful window into how many companies have embraced innovation and are working to make meaningful change,” said Fast Company deputy editor David Lidsky, who oversaw the issue with senior editor Amy Farley.

Fast Company’s Most Innovative Companies issue (March-April 2018) is now available online at www.fastcompany.com/MIC, as well as in app form via iTunes and on newsstands beginning February 27.

Read more about VIPKID in Fast Company’s March/-April 2018 issue or online at: https://www.fastcompany.com/company/vipkid

ABOUT FAST COMPANY

Fast Company is the world’s leading progressive business media brand, with a unique editorial focus on innovation in technology, ethical economics, leadership, and design. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, one of the U.S.’s leading media companies.

ABOUT VIPKID

VIPKID connects children in China with the world’s best teachers for real-time one-to-one online English immersion learning. A global education company, VIPKID’s mission is to inspire and empower every child for the future. VIPKID adheres to the belief that education is not one-size-fits-all: all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity. Founded in 2013 and formally launched in 2014, VIPKID has become China’s market-leading online education startup, attracting investment from Sinovation Ventures, Sequoia Capital, Tencent, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC, Bryant Stibel, among others. The company offers a progressive pedagogy based on the US Common Core State Standards and now serves a community of over 200,000 paying students and over 30,000 teachers in the US and Canada.

For more information, please visit: www.vipkidteachers.com


Contacts

VIPKID
Adam J. Steinberg
Adam.Steinberg@vipkid.com.cn

United Company RUSAL Plc: Increase in Shareholding by a Substantial Shareholder

HONG KONG--(BUSINESS WIRE)--Regulatory News:

United Company RUSAL Plc (Paris:RUSAL) (Paris:RUAL):

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

UNITED COMPANY RUSAL PLC
(Incorporated under the laws of Jersey with limited liability)
(Stock Code: 486)

INCREASE IN SHAREHOLDING BY A SUBSTANTIAL SHAREHOLDER

United Company RUSAL Plc (the “Company”) announces that on 19 February 2018, Zonoville Investments Limited (“Zonoville”), an associated company of SUAL Partners Limited (“SPL”), which is one of the major shareholders of the Company, made an announcement that it had reached an agreement with Onexim Group to purchase its 6% stake in the Company (“Announcement”). As disclosed in the Announcement, following completion of the purchase, Zonoville and its associate SPL will hold, in aggregate, approximately 26.5% interest in the Company.

No other details of transaction were available to the Company at the time of this Announcement.

The Company will make further announcements where appropriate.

20 February 2018

By Order of the Board of Directors of

United Company RUSAL Plc
Aby Wong Po Ying

Company Secretary

As at the date of this announcement, the executive Directors are Mr. Oleg Deripaska, Mr. Vladislav Soloviev and Mr. Siegfried Wolf, the non-executive Directors are Mr. Maxim Sokov, Mr. Dmitry Afanasiev, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Gulzhan Moldazhanova, Mr. Daniel Lesin Wolfe, Ms. Olga Mashkovskaya, Ms. Ekaterina Nikitina and Mr. Marco Musetti, and the independent non-executive Directors are Mr. Matthias Warnig (Chairman), Mr. Philip Lader, Dr. Elsie Leung Oi-sie, Mr. Mark Garber, Mr. Dmitry Vasiliev and Mr. Bernard Zonneveld.

All announcements and press releases published by the Company are available on its website under the links http://www.rusal.ru/en/investors/info.aspx, http://rusal.ru/investors/info/moex/ and http://www.rusal.ru/en/press-center/press-releases.aspx, respectively.


Contacts

United Company RUSAL Plc

Ezaki Glico to Announce the Acquisition of American Chocolate Manufacturing Company, TCHO Ventures, Inc.

OSAKA, Japan--(BUSINESS WIRE)--Ezaki Glico Co., Ltd. (“Ezaki Glico”) (TOKYO:2206) has announced the final agreement to acquire America’s award-winning craft chocolate company, TCHO Ventures, Inc. (CEO: Marcel Bens, Head office: California, USA, “TCHO”).



The U.S. chocolate market is estimated at approximately USD 18.9 billion per year, and has been growing at an annual rate of 2% (according to the 2017 research by Euromonitor International).
TCHO, a premium craft chocolate company known for its superior quality chocolate, has earned strong brand recognition in the US market and particularly amongst millennials, the generation with the highest purchase intent. The overall market in the premium chocolate category is expecting strong continued growth, and by acquiring TCHO and entering this market, Ezaki Glico aims to enhance its chocolate business.

About TCHO Ventures, Inc.
The San Francisco Bay area based company is majority owned by Emil Capital Partners, a Growth and Venture Capital firm backed by European retail giant Tengelmann Group.

 
(1) Company Name   TCHO Ventures, Inc.
(2) Location Berkeley, California, USA
(3) Representative Marcel Bens (CEO)
(4) Foundation December, 2005
(5) Establishment July, 2007
(6) Business Area Manufacturing and selling chocolate snacks
(7) Number of Employees 37 employees (As of November 2017)
(8) URL

https://tcho.com/

(9) Core Products  

70g Bar, 8g Bar, 140g Bites

 

About Ezaki Glico
Ezaki Glico Co., Ltd. (Ezaki Glico) is a leading food company headquartered in Osaka, Japan. It has 11 business locations and 23 group companies in Japan, and 12 subsidiaries in nine countries. Ezaki Glico operates a total of 19 plants and has 5,210 employees over the world. Since the launch in 1922 of the nutritious and fortified Glico caramel in its distinctive red box, the business activities of Ezaki Glico have adhered to the corporate philosophy of "Enhancing Public Health Through Food." Upon the 70th anniversary of Ezaki Glico in 1992, this same spirit and dedication has been incorporated into the revised corporate philosophy of "A Wholesome Life in the Best of Taste." Glico caramel – the company's first product – incorporates the innovative creativeness of Mr. Riichi Ezaki, the company's founder. From the beginning, all personnel working for the company have been dedicated to further enhancing people's health and quality of life. This has led to the expansion of business lines beyond confectionery to include ice cream products, processed foods, desserts, milk products, baby formula, food ingredients and ingredients for cosmetic and health products. Ezaki Glico has generated consolidated sales of JPY353.2 billion in FY 2016. Ezaki Glico’s business covers 30 countries and areas in Asia, the South Pacific, North America and Europe. In USA, Ezaki Glico USA Corporation was founded in February 2003 in Irvine, California to sell products such as Pocky and PRETZ. https://www.glico.com/us/


Contacts

For all media inquiries
Burson-Marsteller Tokyo
Misato Kagami / Vanessa Kiyomiya, (+81) 3-3264-6701
GlicoJP.PR@bm.com

United Company RUSAL Plc: Clarification Announcement in Relation to Certain Media Reports

HONG KONG--(BUSINESS WIRE)--Regulatory News:

United Company RUSAL Plc (Paris:RUSAL) (Paris:RUAL):

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

UNITED COMPANY RUSAL PLC
(Incorporated under the laws of Jersey with limited liability)
(Stock Code: 486)

CLARIFICATION ANNOUNCEMENT
IN RELATION TO CERTAIN MEDIA REPORTS

This announcement is made by United Company RUSAL Plc (the “Company”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

The Company has noted recent media reports which suggest changes of the chief executive officer (“CEO”) and the President of the Company.

The Company wishes to clarify that, as at the date of this announcement, the board of directors of the Company has not considered or discussed any such issue and no changes of the CEO of the Company or the President of the Company have been made.

The next meeting of the Board of Directors of the Company is scheduled on 22 February 2018 for the purposes of, among other matters, considering the executive changes. The Company will make further announcements where applicable.

Shareholders and potential investors of the Company should exercise caution when dealing in the shares of the Company.

By Order of the Board of Directors of
United Company RUSAL Plc
Aby Wong Po Ying
Company Secretary

20 February 2018

As at the date of this announcement, the executive Directors are Mr. Oleg Deripaska, Mr. Vladislav Soloviev and Mr. Siegfried Wolf, the non-executive Directors are Mr. Maxim Sokov, Mr. Dmitry Afanasiev, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Gulzhan Moldazhanova, Mr. Daniel Lesin Wolfe, Ms. Olga Mashkovskaya, Ms. Ekaterina Nikitina and Mr. Marco Musetti, and the independent non-executive Directors are Mr. Matthias Warnig (Chairman), Mr. Philip Lader, Dr. Elsie Leung Oi-sie, Mr. Mark Garber, Mr. Dmitry Vasiliev and Mr. Bernard Zonneveld.

All announcements and press releases published by the Company are available on its website under the links http://www.rusal.ru/en/investors/hkse/, http://rusal.ru/investors/info/moex/ and http://www.rusal.ru/en/press-center/press-releases.aspx, respectively.


Contacts

United Company RUSAL Plc

【THE WOOLMARK COMPANY × ZADIG & VOLTAIRE】“a month of Love”をテーマにZADIG & VOLTAIREとコラボメリノウール100%のニットを発表 – BIGLOBEニュース


BIGLOBEニュース

【THE WOOLMARK COMPANY × ZADIG & VOLTAIRE】“a month of Love”をテーマにZADIG & VOLTAIREとコラボメリノウール100%のニットを発表
BIGLOBEニュース
ウール、シルクなどのラグジュアリー素材を使用したベーシックアイテムに、遊び心やロックテイストな捻りを加え、スタイリッシュでリラックス感のあるリアルクローズを生み出しています。手頃感もある、新しいタイプのラグジュアリースタイル「アフォーダブル・ラグジュアリー」を提案。ロックのマインドを常に持ちながら、エレガントで洗練された ...

and more »

【THE WOOLMARK COMPANY × ZADIG & VOLTAIRE】“a month of Love”をテーマにZADIG & VOLTAIREとコラボメリノウール100%のニットを発表 – 時事通信


時事通信

【THE WOOLMARK COMPANY × ZADIG & VOLTAIRE】“a month of Love”をテーマにZADIG & VOLTAIREとコラボメリノウール100%のニットを発表
時事通信
手頃感もある、新しいタイプのラグジュアリースタイル「アフォーダブル・ラグジュアリー」を提案。ロックのマインドを常に持ちながら、エレガントで洗練されたフレンチカジュアルが特徴のひとつです。1997年に立ち上げたレディスコレクションに続き、メンズコレクション、チルドレンコレクションを発表。洋服、バッグアクセサリー、フレグランス、アイウェ ...

and more »

United Company RUSAL Plc: Inside Information Letter Received from Crispian Investments Limited with Respect to 6,313,994 of the Outstanding Ordinary Shares of PJSC MMC Norilsk Nickel

HONG KONG--(BUSINESS WIRE)--Regulatory News:

United Company RUSAL Plc (Paris:RUSAL) (Paris:RUAL):

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

UNITED COMPANY RUSAL PLC
(Incorporated under the laws of Jersey with limited liability)
(Stock Code: 486)

INSIDE INFORMATION
LETTER RECEIVED FROM CRISPIAN INVESTMENTS LIMITED
WITH RESPECT TO 6,313,994 OF THE OUTSTANDING
ORDINARY SHARES OF PJSC MMC NORILSK NICKEL

 
This announcement is made by United Company RUSAL Plc (the “Company”) pursuant to Rule 13.09 of the Listing Rules and the Inside Information Provisions under Part XIVA of the SFO.
 
The Company announces that it received a letter (the “Letter”) from Crispian Investments Limited (“Crispian”) informing the Company that Crispian had received an offer from Bonico Holdings Co Ltd (the “Bonico”) to buy 6,313,994 ordinary shares held by Crispian in PJSC MMC Norilsk Nickel (“Norilsk Nickel”) at a price of US$234.00 per offered share and US$23.40 per American Depositary Receipt (“ADR”) (plus interest) (the “Offered Shares”). By the Letter Crispian purported to give each of the Company and Whiteleave Holdings Limited (“Whiteleave”) a notice of a right of first refusal to acquire the Offered Shares on the terms of a non-negotiable sale and purchase agreement derived from the terms and conditions of the Offer (the “ROFR”).
 
On 12 February 2018 the Company commenced its legal challenge, in the High Court in London and pursuant to the dispute resolution mechanisms set out in the agreement dated 10 December 2012 between the Company, Interros International Investments Limited (“Interros”) (which was substituted by Whiteleave), LLC Millhouse (“Millhouse”) (which was substituted by Crispian), and the respective beneficial owners of Interros and Millhouse; namely Mr. Vladimir Potanin and Mr. Roman Abramovich, in relation to Norilsk Nickel (the “Framework Agreement”), to the validity of the Letter and on 16 February 2018 the Board of Directors of the Company resolved to accept the ROFR but strictly on the basis that the Letter is held to be a valid notice for the purposes of clause 2.5(5)(i) of the Framework Agreement and, accordingly, such acceptance shall be of no effect should the Letter subsequently be held not to be a valid notice for the purposes of the Framework Agreement.
 
The Company contends that the Letter is not a valid notice; and accordingly, such acceptance of the ROFR is entirely without prejudice to all of the Company’s rights in respect of the Letter.
 

Shareholders and investors are advised to exercise caution when dealing in the securities of the Company.

This announcement is made by the Company pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Inside Information Provisions under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).

On 6 February 2018 the Company received a letter from Crispian informing the Company that Crispian had received an offer from Bonico to buy 6,313,994 ordinary shares held by Crispian in Norilsk Nickel at a price of US$234.00 per offered share and US$23.40 per ADR (plus interest).

By the Letter Crispian purported to give each of the Company and Whiteleave, and together with the Company — “Investors”) a notice of a right of first refusal to acquire the Offered Shares on the terms of a non-negotiable sale and purchase agreement derived from the terms and conditions of the Offer.

The Company understands that Whiteleave has accepted the ROFR.

On 16 February 2018 the Board of Directors of the Company resolved that the best way in the current circumstances to protect the interests of the Company and its shareholders as a whole, is that the ROFR also be accepted by the Company but strictly on the basis that the Letter is held to be a valid notice for the purposes of clause 2.5(5)(i) of the Framework Agreement and, accordingly, such acceptance shall be of no effect should the Letter subsequently be held not to be a valid notice for the purposes of the Framework Agreement.

The Company contends that the Letter is invalid and hence, it contends that any sale of shares in Norilsk Nickel by Crispian pursuant to the Letter or pursuant to a purported acceptance of the Letter, or in consequence of an actual or (supposed) deemed rejection of Letter and/or the ROFR is also invalid under the Framework Agreement. On 12 February 2018 the Company commenced its legal challenge, in the High Court in London and pursuant to the dispute resolution mechanisms set out in the Framework Agreement, to the validity of the Letter and, pursuant to a hearing before Mr Justice Phillips on 16 February 2018, Crispian will make no transfer pursuant to the ROFR until at least after the next High Court hearing scheduled for the week commencing 5 March 2018 (subject to any application by Crispian to the Court in the meantime to make an earlier transfer).

Accordingly, the acceptance of the ROFR is strictly without prejudice to all of the Company’s rights in respect of the Letter and/or the ROFR and acceptance is made in parallel to legal challenges to validity of the Letter.

The purchase of Offered Shares by the Company may be subject to obtaining preliminary regulatory approvals.

This announcement is made to comply with the applicable listing rules and other regulations. It should not be taken as any indication as to whether or not the Company waived its objections to the validity of the Letter, and whether or not the Company unconditionally agreed to the terms set out in the Letter. The Company will make further announcements where applicable.

Shareholders and investors are advised to exercise caution when dealing in the securities of the Company.

 

By Order of the Board of Directors of
United Company RUSAL Plc
Aby Wong Po Ying
Company Secretary

19 February 2018

As at the date of this announcement, the executive Directors are Mr. Oleg Deripaska, Mr. Vladislav Soloviev and Mr. Siegfried Wolf, the non-executive Directors are Mr. Dmitry Afanasiev, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Olga Mashkovskaya, Ms. Gulzhan Moldazhanova, Mr. Marco Musetti, Ms. Ekaterina Nikitina, Mr. Maxim Sokov, and Mr. Daniel Lesin Wolfe and the independent non-executive Directors are Mr. Mark Garber, Mr. Philip Lader, Dr. Elsie Leung Oi-sie, Mr. Dmitry Vasiliev, Mr. Matthias Warnig (Chairman) and Mr. Bernard Zonneveld.

All announcements and press releases published by the Company are available on its website under the links http://www.rusal.ru/en/investors/info.aspx, http://rusal.ru/investors/info/moex/ and http://www.rusal.ru/en/press-center/press-releases.aspx, respectively.


Contacts

United Company RUSAL Plc

Wipro Named as a 2018 World’s Most Ethical Company by the Ethisphere Institute® for the 7th Successive Year

LONDON & EAST BRUNSWICK, N.J. & BANGALORE, India--(BUSINESS WIRE)--#EQ--Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, today announced that it has been recognized by the Ethisphere Institute®, the global leader in defining and advancing the standards of ethical business practices, as a World's Most Ethical Company ®.


The Ethisphere® Institute, a global leader in defining and advancing the standards of ethical business practices, has announced the 135 companies spanning 23 countries across 57 industries who have been named to the 2018 World’s Most Ethical Companies® list.

The World's Most Ethical Companies designation recognizes organizations that have had a material impact on the way business is conducted by fostering a culture of ethics and transparency at every level of the company. It emphasizes Wipro’s commitment to value led leadership.

Being a 7th consecutive year honoree underscores Wipro's commitment to leading ethical business standards and practices that also ensure long-term value to key stakeholders including customers, employees, suppliers, regulators and investors.

Abidali Z. Neemuchwala, Chief Executive Officer and Executive Director, Wipro Limited, said, “It is an honor to be recognized as a 2018 World’s Most Ethical Company by the Ethisphere Institute for the 7th successive year. Unflinching commitment to values is the bedrock of our philosophy of doing business. Our values --The Spirit of Wipro -- is at our core and is our moral compass. Businesses are sustainable only if built on a foundation of ethics and responsibility.”

About Ethisphere
Since 2007, Ethisphere has honored those companies who recognize their critical role to influence and drive positive change in the business community and societies around the world and work to maximize their impact wherever possible. Values-based leadership, diversity and inclusion, investment and long-term commitment, and constructive use of a company’s voice are now the hallmarks of what stakeholders are expecting and investors are rewarding.

Methodology
The World’s Most Ethical Companies assessment is based upon the Ethisphere Institute’s Ethics Quotient® (EQ) framework, which offers a quantitative way to assess a company’s performance in an objective, consistent and standardized manner. The information collected provides a comprehensive sampling of definitive criteria of core competencies rather than all aspects of corporate governance, risk, sustainability, compliance and ethics.

Scores are generated in five key categories: ethics and compliance program (35 percent), corporate citizenship and responsibility (20 percent), culture of ethics (20 percent), governance (15 percent), and leadership, innovation and reputation (10 percent).

Honorees
The list of 2018 World’s Most Ethical Companies can be found at http://www.worldsmostethicalcompanies.com/honorees/

About Wipro Limited
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.


Contacts

Wipro Limited
Shraboni Banerjee
Shraboni.banerjee@wipro.com

A.M. Best Comments on Credit Ratings of Peak Reinsurance Company Limited and Its Subsidiary Following Announced Transaction

HONG KONG--(BUSINESS WIRE)--A.M. Best has commented that the Credit Ratings (ratings) of Peak Reinsurance Company Limited (Peak Re) (Hong Kong) and its reinsurance subsidiary, Peak Reinsurance AG (Peak Re AG) (Switzerland), remain unchanged following the announcement that a wholly owned subsidiary of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU] has signed definitive agreements to purchase a 13.1% stake in Peak Reinsurance Holdings Limited (Peak Re Holdings) (Bermuda), the sole and direct holding company of Peak Re, via the issuance of new shares (the transaction).


Subsequent to signing the definitive agreements in connection with the transaction, Fosun International Limited (Fosun) had indirectly acquired the entire stake in Peak Re Holdings held by International Finance Corporation, which has temporarily increased Fosun’s ownership of Peak Re Holdings to 100% before the closing of the transaction. While the final consideration is subject to closing adjustments, A.M. Best expects the transaction to increase Peak Re Holding’s total capital. The transaction is pending regulatory procedures and other customary closing conditions. Once these occur, Fosun and PFI will indirectly hold 86.9% and 13.1% of the shares in Peak Re, via Peak Re Holdings, respectively.

While the impact to Peak Re’s balance sheet strength is expected to be positive, A.M. Best expects that the new capital injected by PFI through this transaction will be used to support the continued business growth and maintain a risk-adjusted capitalization supportive of Peak Re’s current ratings. Peak Re also may benefit from PFI’s global insurance expertise and profile in the long run.

A.M. Best will further assess the impact on the rating fundamentals and strategic direction of Peak Re and its subsidiaries following the closing of the transaction.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.


Contacts

A.M. Best
Vivian Cheung, +852 2827 3421
Senior Financial Analyst
vivian.cheung@ambest.com
or
Christie Lee, +852 2827 3413
Director, Analytics
christie.lee@ambest.com
or
Christopher Sharkey, +1 908-439-2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1 908-439-2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com

Berkshire Hathaway Specialty Insurance Company Opens Office in Dubai, Names Executives to Head Middle East Region and Third Party Lines

BOSTON--(BUSINESS WIRE)--Berkshire Hathaway Specialty Insurance Company (BHSI) today announced that it has received its insurance license from the Dubai Financial Services Authority and established an office in the Dubai International Financial Centre (DIFC), while naming Alessandro Cerase as its Senior Executive Officer (SEO) and Neeraj Yadvendu as deputy SEO and Head of Third Party Lines for the Middle East. In addition, Alessandro will be leading First Party Lines for BHSI’s broader Asia Middle East region, which includes BHSI’s other regional hubs of Hong Kong and Singapore as well as its operations in Malaysia and Macau.


“We are excited to expand BHSI’s footprint in this region which will service those markets in the Middle East and beyond who seek (re)insurance support in the DIFC. The strategic location of Dubai as well as the stability and efficiency of the DIFC make it an ideal hub for BHSI to support economic growth in the region. Our operation in the DIFC will bring BHSI’s financial strength, and underwriting and claims excellence to the region.” said Marc Breuil, President of Asia Middle East, BHSI. “We are excited to be able to serve customers and brokers in the region under the experienced leadership of Alessandro and Neeraj.”

BHSI will provide a suite of specialty and commercial (re)insurance products to its network of brokers and ceding companies with a focus on construction, energy, property, marine, casualty and executive and professional lines.

Alessandro comes to BHSI with 20 years of global experience spanning both the engineering and underwriting sides of the insurance business. He was most recently Global Head of Energy and Engineered Risk at AIG. He holds a master’s degree in Chemical Engineering from Universita’ degli Studi di Roma.

Neeraj joins BHSI after two decades in the insurance industry, most recently as Regional Head of Casualty and Financial Lines at AXA Asia. He received his master’s degree in Business Administration from India’s University of Pune, and his bachelor’s degree from City College, Calcutta University.

For more information on BHSI’s insurance products in Dubai, contact Alessandro.cerase@bhspecialty.com, or Neeraj.yadvendu@bhspecialty.com,

BHSI’s Dubai office is located at: Unit 2106-B, Level 21, Index Tower, Dubai International Financial Centre, PO Box 506861, Dubai, UAE. Phone #043390606. From outside of the UAE, +(971) 43390606

Berkshire Hathaway Specialty Insurance Company (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, surety, travel, programs, medical stop loss, and homeowners insurance. The actual and final terms of coverage for all product lines may vary. In the Asia Middle East region, it underwrites on the paper of Berkshire Hathaway Specialty Insurance Company, which holds financial strength ratings of A++ from AM Best and AA+ from Standard & Poor’s. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Asheville, Boston, Chicago, Houston, Indianapolis, Irvine, Los Angeles, New York, San Francisco, San Ramon, Seattle, Stevens Point, Auckland, Brisbane, Dubai, Dublin, Düsseldorf, Hong Kong, Kuala Lumpur, London, Macau, Melbourne, Singapore, Sydney and Toronto.

Regulated by the Dubai Financial Services Authority. For more information, contact info@bhspecialty.com


Contacts

Berkshire Hathaway Specialty Insurance Company
Joann Lee, +1 617-936-2937

NEC Increases its Investment in Sub-Saharan Africa-Based ICT Solutions Company XON into a Subsidiary

TOKYO & MIDRAND, South Africa--(BUSINESS WIRE)--NEC Corporation (NEC) (TOKYO: 6701) today announced an increase in investment in XON Holdings Proprietary Limited (XON), an ICT solutions company based in the Republic of South Africa, making it a subsidiary through NEC Europe Ltd.


XON, a Systems Integrator throughout Sub-Saharan Africa established in 1996, designs, builds, operates, and manages information and communication technology (ICT) solutions created specifically for customers.

In a bid to expand its business in Africa, NEC made an investment in 2015 in XON that saw NEC take up a 25% stake in XON to unlock synergies between NEC’s African operation and XON. Following the successful synergies and value created through the first transaction, NEC decided to increase its investment in XON in a second transaction that sees NEC increase its stake in the merged XON-NEC Africa business to 59.1%.

NEC expects rapid growth in its Sub-Saharan Africa business, where a huge market exists for its Safer Cities, Energy, Cybersecurity and Telecommunication solutions, amongst others. The combined XON-NEC Africa business provides NEC with the platform to capitalize on these opportunities.

NEC launched its operations in Africa in 1963 and has continued to contribute to the Continent mainly through building telecommunication and broadcasting infrastructure. In 2011, it established NEC Africa (Pty) Ltd. in South Africa, a company focused on growing NEC’s business in the Sub-Saharan region.

“This increased investment in XON will see NEC and XON boost their sales within each other’s customers and accelerate growth through the provision of NEC’s products and technologies fit for the region. While capitalizing on the large number of advanced IT engineers employed by XON, NEC will bolster its capacity to provide integrated solutions covering consulting, systems construction and maintenance. Thereby, NEC will aim to expand its social solution business in the Sub-Saharan region and in the rest of the African region,” said Hironobu Kurosaki, President and CEO, NEC Europe.


Contacts

NEC Press Contacts (Japan):
NEC Corporation
Seiichiro Toda, +81-3-3798-6511
s-toda@cj.jp.nec.com
NEC Corporation
Joseph Jasper, +81-3-3798-6511
j-jasper@ax.jp.nec.com

SIA Engineering Company and Stratasys to Form Additive Manufacturing Joint Venture

SINGAPORE--(BUSINESS WIRE)--Mainboard-listed SIA Engineering Company Limited (“SIAEC”) and Stratasys Ltd. (Nasdaq: SSYS), a global leader in applied additive solutions, have signed a Joint Venture Agreement to establish an additive manufacturing service centre to provide 3D printed parts for use in commercial aviation. This follows the Memorandum of Understanding signed and announced on 5 April 2017.


Under the agreement, SIAEC will have a 60 percent equity stake in the joint venture, with Stratasys holding the remaining 40 percent.

This Singapore-based additive manufacturing joint venture will offer design, engineering, certification support and part production to customers worldwide including airlines, maintenance, repair and overhaul (“MRO”) providers and original equipment manufacturers (“OEMs”). This joint venture will leverage on additive manufacturing technology to produce plastic aircraft cabin interior parts as well as tooling for MRO providers.

“With increasing adoption of additive manufacturing technology in the aerospace industry, this joint venture will be able to access growing demand for additive manufacturing services. We look forward to partner with Stratasys to provide our customers with new service offerings as we continue to enhance our suite of MRO services,” said Mr Png Kim Chiang, Chief Executive Officer of SIAEC.

Mr Ilan Levin, Chief Executive Officer of Stratasys, said, “We are excited to be working with such an innovative and ambitious partner. By drawing on industry knowledge at SIAEC, we have tremendous opportunity to deliver unique solutions in this high requirement and highly regulated segment. The joint venture will benefit from Stratasys’ near 30 years of additive technology, materials and application development, enabling it to stay at the forefront of its product offerings.”

The transaction is not expected to have a material impact on the financial performance of SIAEC or Stratasys in FY2017/18. None of the Directors of SIAEC or Stratasys has any interest, direct or indirect, in the transaction.

About SIA Engineering Company
(Company Registration No. 198201025C)
www.siaec.com.sg

SIA Engineering Company (“SIAEC”) is a major provider of aircraft maintenance, repair and overhaul (“MRO”) services in Asia-Pacific. SIAEC has a client base of more than 80 international carriers and aerospace equipment manufacturers. It provides line maintenance services at 37 airports in 8 countries, as well as airframe and component services on some of the most advanced and widely used commercial aircraft in the world. Apart from MRO services, SIAEC also offers a comprehensive and integrated suite of solutions under its fleet management services.

The 25 ventures with original equipment manufacturers and strategic partners in Singapore, Australia, Hong Kong, Indonesia, Japan, Philippines, United States and Vietnam increase the depth and breadth of the Company’s service offerings. SIAEC has approvals from 26 national aviation regulatory authorities.

About Stratasys Ltd.
www.stratasys.com

Stratasys (NASDAQ: SSYS) is a global leader in applied additive technology solutions for industries including Aerospace, Automotive, Healthcare, Consumer Products and Education. For nearly 30 years, a deep and ongoing focus on customers’ business requirements has fueled purposeful innovations—1,200 granted and pending additive technology patents to date—that create new value across product lifecycle processes, from design prototypes to manufacturing tools and final production parts. The Stratasys 3D printing ecosystem of solutions and expertise—advanced materials; software with voxel level control; precise, repeatable and reliable FDM and PolyJet 3D printers; application-based expert services; on-demand parts and industry-defining partnerships—works to ensure seamless integration into each customer’s evolving workflow. Fulfilling the real-world potential of additive, Stratasys delivers breakthrough industry-specific applications that accelerate business processes, optimize value chains and drive business performance improvements for thousands of future-ready leaders around the world.
Corporate Headquarters: Minneapolis, Minnesota and Rehovot, Israel.
Online at: www.stratasys.com, http://blog.stratasys.com and LinkedIn.

Stratasys is a registered trademark of Stratasys Ltd. and/or its subsidiaries or affiliates.


Contacts

SIA Engineering Company
Toh Meng Wee, (65) 6549 2495
Manager Risk Management & Public Affairs
E-mail: mengwee_toh@singaporeair.com.sg
or
Stratasys
Joe Hiemenz, +1 952-906-2726 (USA)
E-Mail: joe.hiemenz@stratasys.com
or
Craig Librett, +1 518-494-3442 (USA)
E-Mail: Craig.Librett@stratasys.com

United Company RUSAL Plc: Date of Board Meeting

HONG KONG--(BUSINESS WIRE)--Regulatory News:

United Company RUSAL Plc (Paris:RUSAL) (Paris:RUAL):

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

UNITED COMPANY RUSAL PLC
(Incorporated under the laws of Jersey with limited liability)
(Stock Code: 486)

DATE OF BOARD MEETING

The Board of Directors (the “Board”) of United Company RUSAL Plc (the “Company”) announces that a meeting of the Board will be held on Thursday, 22 February 2018, for the purposes of, among other matters, approving the announcement of the Company’s annual financial results for the year ended 31 December 2017.

By Order of the Board of Directors of
United Company RUSAL Plc Aby Wong Po Ying
Company Secretary

8 February 2018

As at the date of this announcement, the executive Directors are Mr. Oleg Deripaska, Mr. Vladislav Soloviev and Mr. Siegfried Wolf, the non-executive Directors are Mr. Maxim Sokov, Mr. Dmitry Afanasiev, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Gulzhan Moldazhanova, Mr. Daniel Lesin Wolfe, Ms. Olga Mashkovskaya, Ms. Ekaterina Nikitina and Mr. Marco Musetti, and the independent non-executive Directors are Mr. Matthias Warnig (Chairman), Mr. Philip Lader, Dr. Elsie Leung Oi-sie, Mr. Mark Garber, Mr. Dmitry Vasiliev and Mr. Bernard Zonneveld.

All announcements and press releases published by the Company are available on its website under the links http://www.rusal.ru/en/investors/info.aspx, http://rusal.ru/investors/info/moex/ and http://www.rusal.ru/en/press-center/press-releases.aspx, respectively.


Contacts

United Company RUSAL Plc

United Company RUSAL Plc: Continuing Connected Transactions

HONG KONG--(BUSINESS WIRE)--Regulatory News:

United Company RUSAL Plc (Paris:RUSAL) (Paris:RUAL):

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

UNITED COMPANY RUSAL PLC
(Incorporated under the laws of Jersey with limited liability)
(Stock Code: 486)

CONTINUING CONNECTED TRANSACTIONS
TRANSPORT LOGISTICS SERVICES CONTRACT

Reference is made to the announcements of the Company dated 13 November 2017, 29 December 2017 and 12 January 2018 in relation to the Previously Disclosed Transport Logistics Services Contracts.

The Company announces that the member of the Group and the associate of En+ entered into the contract pursuant to which the associate of En+ agreed to provide transport logistics services to the member of the Group.

THE NEW TRANSPORT LOGISTICS SERVICES CONTRACT

Reference is made to the announcements of the Company dated 13 November 2017, 29 December 2017 and 12 January 2018 in relation to the Previously Disclosed Transport Logistics Services Contracts.

The Company announces that the member of the Group and the associate of En+ entered into the contract pursuant to which the associate of En+ agreed to provide transport logistics services to the member of the Group (the “New Transport Logistics Services Contract”) with major terms set out below:

No.   Date of contract  

Customer

(member of

the Group)

 

Service

provider

(associate of

En+)

  Services  

Estimated

consideration

payable for

the year

ending 31

December 2018

excluding

VAT

 

Scheduled

termination

date

 

Payment

terms

(USD)
 
1 Contract dated
6 February 2018 (The term of
the contract commenced on
1 January 2018)
JSC “UC RUSAL TH” Global Commodity Transport Limited Freight forwarding services for the transportation of pitch from Ukraine 91,650
(Note 1)
31 December 2018 Within 5 (five) business days after receipt of the original invoices and the certificate of the work performed, the Customer will pay to the Freight Forwarder the cost of services against actual quantity of shipped cargo.
 
Total estimated consideration
payable for the year
91,650
 

Note:

1. The basis of calculation is the price for transportation multiplied by the estimated volume required for the year ending 31 December 2018 (approximately 141,000 tons).

The consideration under the New Transport Logistics Services Contract is to be paid in cash via bank transfer.

THE ANNUAL AGGREGATE TRANSACTION AMOUNT

The contract price payable under the New Transport Logistics Services Contract has been determined with reference to the market price and on terms no less favourable than those prevailing in the Russian market for transport logistics services of the same type and quality and those offered by the associates of En+ to independent third parties. In accordance with the Company’s procurement policies and using tools such as the Company’s procurement portal, the Company invited several organizations to take part in the tender in relation to the required transport logistics services. The Company’s procurement managers, in line with the best-in-class experience and know-how of the Company’s procurement policies, with approval from the Company’s bidding committee chose the service provider offering the best terms and conditions (the chosen service provider offered competitive rates with rolling stock guarantee and was able to provide the services required).

Pursuant to Rule 14A.81 of the Listing Rules, the New Transport Logistics Services Contract is required to be aggregated with the Previously Disclosed Transport Logistics Services Contracts as they were each entered into by the Group with the associates of En+ and the subject matter of each contract relates to the provision of transport logistics services by the associates of En+ to the Group.

The annual aggregate transaction amount that is payable by the Group to the associates of En+ under the New Transport Logistics Services Contract and the Previously Disclosed Transport Logistics Services Contracts for the financial year ending 31 December 2018 is estimated to be up to approximately USD23.470 million. This annual aggregate transaction amount is estimated by the Directors based on the need for the transport logistics services by the Group and the contract price.

REASONS FOR AND BENEFITS OF THE TRANSACTIONS

The New Transport Logistics Services Contract was entered into for the purpose of obtaining logistics services. The Company considers that the transactions contemplated under the New Transport Logistics Services Contract are for the benefit of the Company as the services provided are required in the production process of the Group.

The Directors (including the independent non-executive Directors) consider that the New Transport Logistics Services Contract is on normal commercial terms which are fair and reasonable and the transactions contemplated under the New Transport Logistics Services Contract is in the ordinary and usual course of business of the Group and in the interests of the Company and its shareholders as a whole.

None of the Directors has a material interest in the transactions contemplated under the New Transport Logistics Services Contract save for Mr. Deripaska, Mr. Maxim Sokov, Ms. Olga Mashkovskaya, Ms. Gulzhan Moldazhanova and Mr. Vladislav Soloviev (since 1 January 2018 when his appointment as director of En+ was effective), who are directors of En+, being the holding company of Global Commodity Transport Limited. Mr. Deripaska is also indirectly interested in more than 50% of the issued share capital of En+. Accordingly, Mr. Deripaska, Mr. Maxim Sokov, Ms. Olga Mashkovskaya and Ms. Gulzhan Moldazhanova did not vote on the Board resolution approving the New Transport Logistics Services Contract (except Mr. Vladislav Soloviev as Mr. Vladislav Soloviev’s appointment as director of En+ had not been effective at the time of the Board resolution).

LISTING RULES IMPLICATIONS

Global Commodity Transport Limited is an indirect subsidiary of En+ and is therefore an associate of En+ which is a substantial shareholder of the Company. Therefore Global Commodity Transport Limited is a connected person of the Company under the Listing Rules.

The estimated annual aggregate transaction amount of the continuing connected transactions under the New Transport Logistic Services Contract and the Previously Disclosed Transport Logistics Services Contracts for the financial year ending 31 December 2018 is more than 0.1% but less than 5% under the applicable percentage ratios. Accordingly, pursuant to Rule 14A.76 of the Listing Rules, the transactions contemplated under these contracts are only subject to the announcement requirements set out in Rules 14A.35 and 14A.68, the annual review requirements set out in Rules 14A.49, 14A.55 to 14A.59, 14A.71 and 14A.72 and the requirements set out in Rules 14A.34 and 14A.50 to 14A.54 of the Listing Rules. These transactions are exempt from the circular and shareholders’ approval requirements under Chapter 14A of the Listing Rules.

Details of the New Transport Logistic Services Contracts will be included in the relevant annual report and accounts of the Company in accordance with Rule 14A.71 of the Listing Rules where appropriate.

PRINCIPAL BUSINESS ACTIVITIES

The Company is principally engaged in the production and sale of aluminium, including alloys and value-added products, and alumina.

Global Commodity Transport Limited is principally engaged in the organization of different kinds of transportation services.

DEFINITIONS

In this announcement, the following expressions have the following meanings, unless the context otherwise requires:

“associate(s)”   has the same meaning ascribed thereto under the Listing Rules.
“Board” the board of Directors.
“Company” United Company RUSAL Plc, a limited liability company incorporated in Jersey, the shares of which are listed on the Main Board of the Stock Exchange of Hong Kong Limited.
“connected person(s)” has the same meaning ascribed thereto under the Listing Rules.
“continuing connected transactions” has the same meaning ascribed thereto under the Listing Rules.
“Director(s)” the director(s) of the Company.
“En+” En+ Group Plc, formerly En+ Group Limited, a company incorporated in Jersey, a substantial shareholder of the Company.
“Group” the Company and its subsidiaries.
“Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited.
“Mr. Deripaska” Mr. Oleg Deripaska, an executive Director.
“percentage ratios” the percentage ratios under Rule 14.07 of the Listing Rules.
“Previously Disclosed Transport Logistics Services Contracts” the contracts entered into between the members of the Group and the associates of En+ as disclosed in the Company’s announcements dated 13 November 2017, 29 December 2017 and 12 January 2018 in relation to the receipt of transport logistics services by the members of the Group for the year ending 31 December 2018.
“substantial shareholder” has the same meaning ascribed thereto under the Listing Rules.
“USD” United States dollars, the lawful currency of the United States of America.
“VAT” value added tax.
 
  By Order of the Board of Directors of
United Company RUSAL Plc
Aby Wong Po Ying
Company Secretary

7 February 2018

As at the date of this announcement, the executive Directors are Mr. Oleg Deripaska, Mr. Vladislav Soloviev and Mr. Siegfried Wolf, the non-executive Directors are Mr. Maxim Sokov, Mr. Dmitry Afanasiev, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Gulzhan Moldazhanova, Mr. Daniel Lesin Wolfe, Ms. Olga Mashkovskaya, Ms. Ekaterina Nikitina and Mr. Marco Musetti, and the independent non-executive Directors are Mr. Matthias Warnig (Chairman), Mr. Philip Lader, Dr. Elsie Leung Oi-sie, Mr. Mark Garber, Mr. Dmitry Vasiliev and Mr. Bernard Zonneveld.

All announcements and press releases published by the Company are available on its website under the links http://www.rusal.ru/en/investors/info.aspx, http://rusal.ru/investors/info/moex/ and http://www.rusal.ru/en/press-center/press-releases.aspx, respectively.


Contacts

United Company RUSAL Plc

A.M. Best Comments on Credit Ratings of JSC IC Kazkommerts-Policy Following Announcement on Merger with a Sister Company

LONDON--(BUSINESS WIRE)--A.M. Best has commented that the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” of JSC IC Kazkommerts-Policy (Kazkommerts-Policy) (Kazakhstan) remain unchanged following an announcement on 25 January 2018 by its sister company, Halyk-Kazakhinstrakh, Insurance Subsidiary Company of Halyk Bank of Kazakhstan, JSC (Kazakhinstrakh), of the latter’s shareholder agreement to merge Kazkommerts-Policy into Kazakhinstrakh. The merger decision follows the 2017 acquisition of JSC Kazkommertsbank, Kazkommerts-Policy’s parent, by JSC Halyk Bank (Halyk Bank), Kazakhinstrakh’s parent.


In anticipation of the merger, Kazkommerts-Policy paid a large one-time dividend of KZT 4 billion (approximately USD 12 million) in December 2017, which resulted in deterioration of the company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio. In spite of this, the company’s rating fundamentals, including balance sheet strength, remain supportive of its ratings.

The merger is subject to regulatory approvals and is expected to complete during 2018. A.M. Best will continue to monitor closely Kazkommerts-Policy’s rating fundamentals ahead of the planned merger. Further deterioration of risk-adjusted capitalisation, for example due to the additional extraction of capital, could place negative pressure on the company’s ratings.

This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and A.M. Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and A.M. Best Rating Action Press Releases.

A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.

Copyright © 2018 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.


Contacts

A.M. Best
Yevgine Asatryan, +44-20-7397-0316
Financial Analyst
yevgine.asatryan@ambest.com
or
Catherine Thomas, +44-20-7397-0281
Senior Director, Analytics
catherine.thomas@ambest.com
or
Christopher Sharkey, +1-908-439-2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Jim Peavy, +1-908-439-2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com