AM

Study Shows That Additive Manufacturing Reduces Emissions and Conserves Resources in Production for Fashion Footwear

Retrieved on: 
Tuesday, October 31, 2023
Technology, Manufacturing, Luxury, Fashion, Retail, Packaging, Environment, Engineering, Hardware, Sustainability, Electronic Design Automation, Shift, Printing, Shoe, Water, LCA, Global warming potential, Mindfulness, Life cycle, Research, AM, R, Multimedia, Transport, Stratasys, 3D printing, Natural Resources, Dietary supplement, Recycling

Stratasys Ltd. (Nasdaq: SSYS) shared the results of a study commissioned by the Additive Manufacturer Green Trade Association (AMGTA), that demonstrates the environmental benefits of additive manufacturing for the fashion industry.

Key Points: 
  • Stratasys Ltd. (Nasdaq: SSYS) shared the results of a study commissioned by the Additive Manufacturer Green Trade Association (AMGTA), that demonstrates the environmental benefits of additive manufacturing for the fashion industry.
  • View the full release here: https://www.businesswire.com/news/home/20231031433140/en/
    Demonstrating the additive manufacturing process flow in support of new research released this morning.
  • The analysis and results of the study revealed:
    Additive manufacturing print-to-textile production process cuts CO2e emissions by 24.8%, when compared with customer’s traditional processes.
  • When accounting for customer scope of production (16,000 printed logos, for 8,000 pairs of shoes), additive manufacturing can save almost one metric ton of CO2e.

Best’s Special Report: Insurer Membership in Federal Home Loan Bank Grows as Life/Annuity Companies Capitalize on Investment Spreads

Retrieved on: 
Tuesday, October 31, 2023
Banking, Professional Services, Insurance, Finance, AM Best, Federal Home Loan Banks, Federal Home Loan Bank Board, News, AM, Environment, Growth, COVID-19, FHLB, ALL, Bank

U.S. insurance companies now represent nearly 9% of FHLB membership, following a 4% growth uptick last year by insurers.

Key Points: 
  • U.S. insurance companies now represent nearly 9% of FHLB membership, following a 4% growth uptick last year by insurers.
  • However, the Best’s Special Report notes that the vast majority of insurance companies do not have access to secured FHLB loans made available through the program.
  • To gain membership, an insurer must actively participate in mortgage financing, be financially sound, and purchase FHLB capital stock.
  • To access the full copy of the report titled, “FHLB Life/Annuity Members Capitalize on High Rates for Spread Opportunities,” please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=337249 .

Best's Review’s Most Popular Recent Stories: Rising Auto Costs, Fronting Carrier Sector and More

Retrieved on: 
Tuesday, October 31, 2023
Insurance, Publishing, Finance, Automotive, Consulting, Communications, Professional Services, General Automotive, News, AM Best, ALL, AM

“ Top Global Insurance Brokers — 2023 Edition ” ranks global brokers by 2022 total revenue and describes industry developments and company activity.

Key Points: 
  • “ Top Global Insurance Brokers — 2023 Edition ” ranks global brokers by 2022 total revenue and describes industry developments and company activity.
  • “ Life Mutuals Are Driving Efforts to Expand Middle Market Coverage ” examines AM Best data that compares the performance of property/casualty mutual insurers with stock insurers.
  • Best’s Review is AM Best’s monthly insurance magazine, covering emerging issues and trends and evaluating their impact on the marketplace.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Three Ophthalmic Labs in North America Sign to Acquire flō Platforms

Retrieved on: 
Monday, October 30, 2023
Chemicals, Plastics, Optical, Health, Manufacturing, Laboratory, Integrated product team, Yahalom (surname), Customer, Field, Oil field engine, AM, Multimedia, Senior, Lens, Consultant, 3D printing, Disruptive innovation, Video game

These three ophthalmic labs (all located in North America) are: Cherry Optics , Encore Optical , and Superior Optical Labs .

Key Points: 
  • These three ophthalmic labs (all located in North America) are: Cherry Optics , Encore Optical , and Superior Optical Labs .
  • View the full release here: https://www.businesswire.com/news/home/20231030823873/en/
    “We are extremely excited to have our first customers in North America.
  • Labs, consultants, and experts in the ophthalmic field are in constant contact with the Product Team at flō.
  • Having these first laboratories in North America assisting flō in its market evaluation is critical to flō’s success.

New AMGTA Research Shows Environmental Benefits of 3D Material Jetting in Fashion Footwear

Retrieved on: 
Tuesday, October 31, 2023
Research, Environment, Textiles, Sustainability, Manufacturing, Green Technology, Fashion, Retail, Footwear, Science, 3D, Shoe, Water, LCI, Thought, Global warming potential, AM, Engineering, Multimedia, Transport, Partnership, Workflow, 3D printing, Stratasys

View the full release here: https://www.businesswire.com/news/home/20231030713690/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231030713690/en/
    3D Material jetted logo applique for luxury designer footwear (Photo: AMGTA)
    “We are pleased to issue the third body of research in a series of independently commissioned papers designed to reveal the environmental benefits of additive manufacturing adoption.
  • Additional environmental and operational efficiencies were documented related to reduced supply chain dependencies and reduced steps in the production process.
  • Additional information on this study and others commissioned by the AMGTA can be found on the AMGTA website, www.AMGTA.org .
  • The AMGTA was launched in 2019 to better understand and promote the environmental benefits of additive manufacturing across the global economy.

AM Best to Exhibit at European Captive Forum

Retrieved on: 
Monday, October 30, 2023
Data Analytics, Other Professional Services, Professional Services, Insurance, AM Best, Credit, News, AM, European

AM Best will exhibit at the European Captive Forum, being held 8-9 November 2023, at the European Convention Centre in Luxembourg.

Key Points: 
  • AM Best will exhibit at the European Captive Forum, being held 8-9 November 2023, at the European Convention Centre in Luxembourg.
  • AM Best will exhibit at booth No.
  • To schedule a meeting with AM Best at the European Captive Forum, please contact Roisin Gallagher at [email protected] or Riccardo Ciccozzi at [email protected] .
  • For more information about the European Captive Forum, visit https://www.europeancaptiveforum.com/home .

AM Best Assigns Credit Ratings to Olé Insurance Group Corp I.I.

Retrieved on: 
Monday, October 30, 2023
Professional Services, Insurance, Finance, Good, AM Best, Credit, News, AM, Growth, Risk management, USD, ALL, International Insurance Company

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Olé Insurance Group Corp I.I.

Key Points: 
  • AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to Olé Insurance Group Corp I.I.
  • Olé Insurance specializes in term life insurance, beginning operations in 2019 as Amedex Assurance Corp I.I.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Affirms Credit Ratings of Ørsted Insurance A/S

Retrieved on: 
Friday, October 27, 2023
Consulting, Professional Services, Insurance, Finance, AM Best, DKK, Credit, News, AM, A/S, Risk management, USD, ALL, Reinsurance

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ørsted Insurance A/S (ORIAS) (Denmark).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Ørsted Insurance A/S (ORIAS) (Denmark).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

AM Best Revises Outlooks to Positive for Southern Pioneer Property and Casualty Insurance Company

Retrieved on: 
Friday, October 27, 2023
Insurance, Professional Services, Weather, Good, AM Best, NYSE, Credit, News, AM, ERM, ALL

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Southern Pioneer Property and Casualty Insurance Company (Southern Pioneer) (Jonesboro, AR).

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Southern Pioneer Property and Casualty Insurance Company (Southern Pioneer) (Jonesboro, AR).
  • The company’s balance sheet strength further benefits from increased financial flexibility from its parent company, Biglari Holdings Inc. [NYSE: BH].
  • Southern Pioneer reported surplus growth in four of the past five years, driven primarily by underwriting income.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of Bank of China Group Insurance Company Limited

Retrieved on: 
Friday, October 27, 2023
Banking, Professional Services, Insurance, Finance, AM Best, Bank, Health, Credit, News, ROE, GPW, AM, Risk management, BOC Group, Communication, ALL, Reinsurance

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Bank of China Group Insurance Company Limited (BOCG Insurance) (Hong Kong).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Bank of China Group Insurance Company Limited (BOCG Insurance) (Hong Kong).
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.