Credit

KBRA Assigns Preliminary Ratings to New Residential Mortgage Trust 2022-NQM3 (NRMLT 2022-NQM3)

Retrieved on: 
Friday, April 22, 2022

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

AM Best Withdraws Credit Ratings of Friday Health Plans of Colorado, Inc.

Retrieved on: 
Friday, April 22, 2022

AM Best has affirmed the Financial Strength Rating of C (Weak) and the Long-Term Issuer Credit Rating of ccc (Weak) of Friday Health Plans of Colorado, Inc. (Friday Health) (Alamosa, CO).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of C (Weak) and the Long-Term Issuer Credit Rating of ccc (Weak) of Friday Health Plans of Colorado, Inc. (Friday Health) (Alamosa, CO).
  • Concurrently, AM Best has withdrawn the ratings as the company has requested to no longer participate in AM Bests interactive rating process.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Assigns Credit Ratings to Selecta Insurance and Reinsurance Company (Caribbean) Ltd.

Retrieved on: 
Friday, April 22, 2022

AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of bbb- (Good) to Selecta Insurance and Reinsurance Company (Caribbean) Ltd. (Selecta) (Saint Kitts and Nevis).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of B+ (Good) and a Long-Term Issuer Credit Rating of bbb- (Good) to Selecta Insurance and Reinsurance Company (Caribbean) Ltd. (Selecta) (Saint Kitts and Nevis).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Vietnam National Reinsurance Corporation

Retrieved on: 
Friday, April 22, 2022

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Vietnam National Reinsurance Corporation (VINARE) (Vietnam).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb+ (Good) of Vietnam National Reinsurance Corporation (VINARE) (Vietnam).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Ameritas Life Insurance Corp. and Its Subsidiary

Retrieved on: 
Friday, April 22, 2022

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Ameritas Life Insurance Corp. (Lincoln, NE) and Ameritas Life Insurance Corp. of New York (New York, NY).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of a+ (Excellent) of Ameritas Life Insurance Corp. (Lincoln, NE) and Ameritas Life Insurance Corp. of New York (New York, NY).
  • These insurance entities comprise the life/health operations of Ameritas Mutual Holding Company (all companies are collectively referred to as Ameritas).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

AM Best Affirms Credit Ratings of Tower Limited

Retrieved on: 
Friday, April 22, 2022

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Tower Limited (Tower) (New Zealand).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Tower Limited (Tower) (New Zealand).
  • AM Best views Tower as having strong financial flexibility, a prudent reinsurance programme and a conservative investment strategy.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Wolters Kluwer Compliance Solutions hosts Special Purpose Credit Program webinar

Retrieved on: 
Friday, April 22, 2022

Wolters Kluwer Compliance Solutions Timothy Burniston , Senior Advisor, Regulatory Strategy, will lead a question-and-answer session with Patrice Ficklin, Fair Lending Director, Consumer Financial Protection Bureau (CFPB), as part of a webinar, Special Purpose Credit Programs: Everything You Wanted to Know .

Key Points: 
  • Wolters Kluwer Compliance Solutions Timothy Burniston , Senior Advisor, Regulatory Strategy, will lead a question-and-answer session with Patrice Ficklin, Fair Lending Director, Consumer Financial Protection Bureau (CFPB), as part of a webinar, Special Purpose Credit Programs: Everything You Wanted to Know .
  • Wolters Kluwer Compliance Solutions is a market leader and trusted provider of risk management and regulatory compliance solutions and services to U.S. banks, credit unions, insurers and securities firms.
  • Wolters Kluwer Finance, Risk & Regulatory Reporting (FRR), meanwhile, is a global market leader in the provision of integrated regulatory compliance and reporting solutions.
  • The divisions legal solutions businesses are Wolters Kluwer CT Corporation and Wolters Kluwer ELM Solutions.

Proteus' New Fund Gets Smaller Investors Access to Directional Hedge Funds

Retrieved on: 
Friday, April 22, 2022

INDIANAPOLIS, April 22, 2022 /PRNewswire/ --Proteus, LLC announced the launch of its latest fund in a series of alternative investment pools allowing smaller investors to access institutional-quality alternative investments.

Key Points: 
  • INDIANAPOLIS, April 22, 2022 /PRNewswire/ --Proteus, LLC announced the launch of its latest fund in a series of alternative investment pools allowing smaller investors to access institutional-quality alternative investments.
  • The fund provides smaller investors access to these strategies.
  • Proteus remains dedicated to bringing alternative investments typically reserved for the largest endowments, pensions and the ultra-wealthy to smaller investors.
  • This new fund joins Proteus' existing line-up of alternative asset class pools including:
    Proteus Absolute Return Hedge Fund of Funds I, LLC
    Proteus Private Credit Core Fund I, LLC
    Proteus Private Credit Non-Core Fund I, LLC
    Proteus Private Equity Fund II, LLC
    Proteus Real Assets Core Fund I, LLC
    Proteus Real Assets Non-Core Fund I, LLC.

PureGold Secures Financial Agreement with Sprott Resource Lending, Provides Mine Operations Update and Announces Management Change

Retrieved on: 
Friday, April 22, 2022

The Additional Credit Facility matures on September 30, 2022 and accrues interest at a rate of 14% per annum.

Key Points: 
  • The Additional Credit Facility matures on September 30, 2022 and accrues interest at a rate of 14% per annum.
  • PureGold Director Mark ODea will assume the role of interim President and Chief Executive Officer effective immediately.
  • The Company owns and operates the PureGold Mine which entered commercial production in 2021 after the successful construction of an 800 tpd underground mine and processing facilities.
  • The gold resource is centered on a forty-seven square kilometre property with significant discovery potential.

AM Best Affirms Credit Ratings of Nuclear Electric Insurance Limited and Subsidiary

Retrieved on: 
Thursday, April 21, 2022

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a+ (Excellent) of Nuclear Electric Insurance Limited (NEIL) (Wilmington, DE) and its subsidiary, Cedar Hamilton Limited (Hamilton, Bermuda).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a+ (Excellent) of Nuclear Electric Insurance Limited (NEIL) (Wilmington, DE) and its subsidiary, Cedar Hamilton Limited (Hamilton, Bermuda).
  • The ratings also acknowledge NEILs management culture and its exclusive leadership position in the U.S. nuclear power-generating industry.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .