Protection

Protective to Acquire ShelterPoint

Retrieved on: 
Tuesday, April 9, 2024

Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (“Dai-ichi”; TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire ShelterPoint Group, Inc. , a leading provider of statutory disability, paid family and medical leave, as well as medical gap insurance products, among others.

Key Points: 
  • Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (“Dai-ichi”; TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire ShelterPoint Group, Inc. , a leading provider of statutory disability, paid family and medical leave, as well as medical gap insurance products, among others.
  • ShelterPoint Group, Inc. is the holding company of ShelterPoint Life Insurance Company and its wholly owned subsidiary ShelterPoint Insurance Company (together “ShelterPoint”).
  • “On our continued journey to grow our business and serve more people, we are thrilled to add new services to our portfolio through the acquisition of ShelterPoint,” said Rich Bielen, President & CEO of Protective.
  • Financial advisors for this deal included Fenchurch Advisory Partners US LP for Protective and Goldman Sachs & Co. LLC for ShelterPoint.

Club Med, the Pioneer of the All-Inclusive Concept, Announces New Environmental Conservation Programs and CSR Initiatives in Celebration of Earth Month

Retrieved on: 
Wednesday, April 3, 2024

"As we celebrate Earth Month, we are proud to reaffirm our commitment to sustainability through our Happy to Care program.

Key Points: 
  • "As we celebrate Earth Month, we are proud to reaffirm our commitment to sustainability through our Happy to Care program.
  • Green Globe and BREAAM Certifications: Marking continuous improvement in the sustainable approach of operations, Green Globe Certification for Club Med Michès Playa Esmeralda, Club Med Punta Cana, Club Med Turkoise, Club Med Ixtapa Pacific, Club Med Cancún and Club Med Québec Charlevoix.
  • Environmental Partnerships: Turtle monitoring and protection program in Club Med Ixtapa Pacific, Club Med Cancún and Club Med Michès Playa Esmeralda's pioneer program that launched in 2023; Turks and Caicos Reef Fund with interactive workshops on coral reefs at Club Med Turkoise and Club Med Columbus.
  • For more information, please visit this link and for overall images visit the link here (Credit: Club Med)

Solid State Cooling Market worth $1.5 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 27, 2024

Solid state cooling market for electrocaloric technology to hold the highest CAGR during the forecast period.

Key Points: 
  • Solid state cooling market for electrocaloric technology to hold the highest CAGR during the forecast period.
  • Solid state cooling market for thermocycler type to hold the highest CAGR during the forecast period.
  • Solid state cooling market for automotive vertical to hold the highest CAGR during the forecast period.
  • These players have a strong market presence for Solid state cooling s across various North America, Europe, Asia Pacific, and RoW countries.

Defense Electronics Obsolescence Market worth $3.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 20, 2024

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.

Key Points: 
  • The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.
  • The defense electronics obsolescence industry has been segmented into Land, Naval, and Airborne.
  • The defense electronics obsolescence market is poised for significant growth, with North America projected to emerge as the region with the highest potential for expansion.
  • The major players in defense electronics obsolescence companies include Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

Defense Electronics Obsolescence Market worth $3.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, March 20, 2024

The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.

Key Points: 
  • The defense electronics obsolescence market has been classified into communication system; navigation system; human machine interface; flight control system; targeting system; electronic warfare system; and Sensors.
  • The defense electronics obsolescence industry has been segmented into Land, Naval, and Airborne.
  • The defense electronics obsolescence market is poised for significant growth, with North America projected to emerge as the region with the highest potential for expansion.
  • The major players in defense electronics obsolescence companies include Raytheon Technologies Corporation (US), BAE Systems (UK), L3Harris Technologies, Inc. (US), Thales (US) and Elbit Systems Ltd. (Israel).

Bitdefender Launches Cryptomining Protection Solution for Windows PCs

Retrieved on: 
Monday, February 26, 2024

Bitdefender, a global cybersecurity leader, today announced Cryptomining Protection , the first cryptomining management feature that allows users to both protect against malicious cryptojacking and manage their own legitimate cyptomining initiatives on their Windows PCs.

Key Points: 
  • Bitdefender, a global cybersecurity leader, today announced Cryptomining Protection , the first cryptomining management feature that allows users to both protect against malicious cryptojacking and manage their own legitimate cyptomining initiatives on their Windows PCs.
  • In this context, Cryptomining Protection helps ensure Bitdefender users remain aware and protected against unauthorized system breaches that reduce device performance, increase electricity costs, shorten device lifespan, and impose security risks to their overall systems.
  • “Our new Cryptomining Protection feature detects and stops malicious cryptojacking attempts while simultaneously empowering users to manage legit activities that are part of their digital lifestyles.”
    The Cryptomining Protection feature is disabled by default.
  • Bitdefender Cryptomining Protection is now available for Bitdefender Total Security, Premium Security, and Ultimate Security protection plans at no additional cost for new and existing customers.

Voya Financial expands its workplace benefits offerings with new supplemental health insurance solution

Retrieved on: 
Wednesday, February 21, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today that it continues to enhance its growing portfolio of workplace benefits by offering an innovative, technology-enabled solution to help employees ease the burden of out-of-pocket medical costs.

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today that it continues to enhance its growing portfolio of workplace benefits by offering an innovative, technology-enabled solution to help employees ease the burden of out-of-pocket medical costs.
  • Voya Protect, a new Group Limited Benefit Insurance powered by the insurance technology company Ansel Health, is a supplemental health offering that is designed to pay benefits quickly and easily when covered conditions are diagnosed.
  • And, while many employers have made changes to their benefit lineups to help support their employees, the reality is that workplace benefits are complex,” explained Nate Black, vice president, Health Solutions Product at Voya Financial.
  • Voya Protect is the latest example of how Voya is focused on providing innovative solutions and capabilities to help employers and their employees optimize their workplace benefits and savings needs.

Streaming Video Technology Alliance Convenes in Denver for First Quarterly Member Meeting of 2024

Retrieved on: 
Thursday, February 15, 2024

The Streaming Video Technology Alliance (SVTA), a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, convenes its Q1 Member Meeting today at the Denver Marriott Tech Center.

Key Points: 
  • The Streaming Video Technology Alliance (SVTA), a global technical association developing solutions to address critical technical challenges in delivering a high-quality video experience at scale, convenes its Q1 Member Meeting today at the Denver Marriott Tech Center.
  • We have many exciting projects, documents, and code coming out this year.”
    Part of Streaming Tech Week, this member meeting falls directly after the SVTA SEGMENTS conference and Mile High Video.
  • The two-day meeting is a cap on a week of deep technical and operational discussions all working towards making high-quality streaming video work better at scale.
  • The SVTA includes member companies from around the world and throughout the streaming video ecosystem.

Best's Market Segment Report: P&I Clubs Improve Underwriting Results but Further General Increases Needed to Keep Up With Inflation

Retrieved on: 
Monday, February 12, 2024

The Best’s Market Segment Report, “P&I Clubs: Improving Underwriting Results but Further General Increases Needed to Keep Up With Inflation,” notes the general increases announced by P&I Clubs for 2024 are slightly below those of the previous year (when some of the clubs applied increases up to 10%).

Key Points: 
  • The Best’s Market Segment Report, “P&I Clubs: Improving Underwriting Results but Further General Increases Needed to Keep Up With Inflation,” notes the general increases announced by P&I Clubs for 2024 are slightly below those of the previous year (when some of the clubs applied increases up to 10%).
  • AM Best considers the level of general increases necessary for clubs to maintain breakeven underwriting results in the face of inflationary economic conditions and the potential for a worse pool year to emerge in the future.
  • To access a complimentary copy of this market segment report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=340404 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

EQS-News: Ringmetall more confident about 2024 after a challenging 2023

Retrieved on: 
Tuesday, February 6, 2024

Based on preliminary business figures, Group revenue in 2023 amounts to EUR 181.4 million, which corresponds to a year-on-year decline of 15.0 percent (2022: EUR 213.5 million).

Key Points: 
  • Based on preliminary business figures, Group revenue in 2023 amounts to EUR 181.4 million, which corresponds to a year-on-year decline of 15.0 percent (2022: EUR 213.5 million).
  • Adjusted for HSM's share of revenue in the 2022 and 2023 financial years, the year-on-year decline in revenue amounted to -12.2 percent.
  • "In 2023, we further strengthened and internationalized Ringmetall through successful acquisitions," emphasizes Christoph Petri.
  • Further information on the Ringmetall Group and its affiliated subsidiaries can be found at www.ringmetall.de.