Archives for January, 2018
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Transamerica Casualty Insurance Company (Transamerica Casualty) (Columbus, OH), the property/casualty (P/C) subsidiary of Aegon N.V. (Aegon) [NYSE: AEG]. The outlook of these Credit Ratings (ratings) is stable. Concurrently, A.M. Best has withdrawn the ratings as the company has requested to no longer participate in A.M. Best’s interactive rating
The fixes for processor flaws Meltdown and Spectre are a long way off. What might be the impact on your small business and its data in the meantime?
MÉXICO, D.F.--(BUSINESS WIRE)--A.M. Best ha afirmado la Calificación de Fortaleza Financiera (FSR, por sus siglas en inglés) de A (Excelente) y la Calificación Crediticia de Emisor de largo plazo (ICR, por sus siglas en inglés) de “a” de MAPFRE Panamá, S.A. (MAPFRE Panamá) (Ciudad de Panamá, Panamá). La perspectiva de estas Calificaciones Crediticias (calificaciones) permanece estable. Las calificaciones de MAPFRE Panamá reflejan la fortaleza de su balance, la cual A.M. Best categoriza como la
MEXICO CITY--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of MAPFRE Panamá S.A. (MAPFRE Panamá) (Panama City, Panama). The outlook of these Credit Ratings (ratings) remains stable. The ratings reflect MAPFRE Panamá’s balance sheet strength, which A.M. Best categorizes as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM). The ra
Section 29 C of IBC has been clarified and expanded to now extend to persons who are in control, or are promoters of a corporate debtor whose account is classified as an NPA for more than a year.
The letter, written on January 29, alleges that the company was wrongly dragged into IBC under the National Company Law Tribunal despite its debt restructuring mechanism under S4A was on the last lap.
Government mulling change in IBC as norms do not allow promoters of a defaulting firm to bid for other insolvent assets.
The project, which will be worked out on a public-private partnership basis, is likely it entail investment of more than Rs 1,500 crore.
President Trump spoke about small business in the State of the Union address, claiming to have fulfilled some big promises of his. Do you agree?