IMO

American Equity Reports Record Non-GAAP Operating ROE1 and FIA Sales as the AEL 2.0 Strategy Delivers with 25% Allocation to Private Assets and Nearly 20% "Fee-Earning" Reinsured Balances

Retrieved on: 
Tuesday, November 7, 2023

Sales momentum continued in both the independent agent channel and bank and broker-dealer channel resulting in record sales while the investment portfolio yield increased from the second quarter of 2023.

Key Points: 
  • Sales momentum continued in both the independent agent channel and bank and broker-dealer channel resulting in record sales while the investment portfolio yield increased from the second quarter of 2023.
  • Notable items2 in the third and second quarters of 2023 reflect the special incentive compensation plan put in place in November 2022.
  • Total enterprise FIA sales increased 18% and 203% compared to the second quarter of 2023 and the third quarter of 2022, respectively.
  • The increase in FIA sales relative to the second quarter was driven by strong sales in the income product space.

Ardmore Shipping Corporation Announces Financial Results For The Three and Nine Months Ended September 30, 2023

Retrieved on: 
Tuesday, November 7, 2023

HAMILTON, Bermuda, Nov. 7, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2023.

Key Points: 
  • HAMILTON, Bermuda, Nov. 7, 2023 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and nine months ended September 30, 2023.
  • MR tankers earned an average spot TCE rate of $28,493 per day for the three months ended September 30, 2023.
  • Chemical tankers earned an average TCE rate of $20,023 per day for the three months ended September 30, 2023.
  • Vessel operating expenses were $14.4 million for the three months ended September 30, 2023, an increase of $1.1 million from $13.3 million for the three months ended September 30, 2022.

FamilyTime Parental Control App Unveils an Array of Cutting-Edge Features

Retrieved on: 
Monday, November 6, 2023

LOS ANGELES, Nov. 6, 2023 /PRNewswire-PRWeb/ -- FamilyTime parental control app, a leading innovator in parental control solutions, recently announced the addition of new features to their already feature-loaded app. This comprehensive update introduces a range of powerful features, making FamilyTime the most advanced and versatile parental control app on the market.

Key Points: 
  • FamilyTime, the creators of the best parental control app, have released many new features to assist parents in all aspects of parenting.
  • LOS ANGELES, Nov. 6, 2023 /PRNewswire-PRWeb/ -- FamilyTime parental control app , a leading innovator in parental control solutions, recently announced the addition of new features to their already feature-loaded app.
  • This comprehensive update introduces a range of powerful features, making FamilyTime the most advanced and versatile parental control app on the market.
  • FamilyTime is the leading parental control software that empowers parents to keep a safety check on their children digitally.

ITT to Acquire Svanehøj, Leading Provider of Customized Critical Liquid and Cryogenic Pumps for Liquefied Gas Applications

Retrieved on: 
Wednesday, November 1, 2023

The transaction is expected to close in the first quarter of 2024, subject to the receipt of customary regulatory approvals.

Key Points: 
  • The transaction is expected to close in the first quarter of 2024, subject to the receipt of customary regulatory approvals.
  • Headquartered in Svenstrup, Denmark, Svanehøj is a supplier of pumps and related aftermarket services with leading positions in cryogenic applications for the marine sector.
  • Its product portfolio primarily consists of deepwell gas cargo pumps, fuel and energy pumps and tank control systems.
  • These products manage critical liquids for the energy transition, including ammonia, liquefied petroleum gas (LPG), liquefied natural gas (LNG), methanol, hydrogen and CO2, and are widely regarded as the highest quality offering across most verticals.

IFC National Marketing underscores commitment to independent insurance agents and financial advisors with appointment of Frankie Villeneuve as agent success specialist

Retrieved on: 
Monday, October 30, 2023

COON RAPIDS, Minn., Oct. 30, 2023 /PRNewswire-PRWeb/ -- IFC National Marketing (IFC), the fastest-growing insurance marketing organization (IMO) in the Midwest, is pleased to introduce Frankie Villeneuve as the company's agent success specialist. Since joining the company this summer, Villeneuve has spearheaded the creation of Agent BuilderTM by IFC, a custom staff augmentation and training solution that helps new agents break into insurance sales and supports the hiring needs of independent agencies.

Key Points: 
  • Villeneuve, the driving force behind Agent BuilderTM, IFC's custom staff augmentation solution, will nurture the development of future agents and advisors and support hiring needs for independent agencies
    COON RAPIDS, Minn., Oct. 30, 2023 /PRNewswire-PRWeb/ -- IFC National Marketing (IFC), the fastest-growing insurance marketing organization (IMO) in the Midwest, is pleased to introduce Frankie Villeneuve as the company's agent success specialist.
  • Since joining the company this summer, Villeneuve has spearheaded the creation of Agent BuilderTM by IFC, a custom staff augmentation and training solution that helps new agents break into insurance sales and supports the hiring needs of independent agencies.
  • IFC has a strong tradition of innovation and helping agents and advisors succeed in business and life.
  • A native of Rochester, MN, Villeneuve worked as an insurance agent at Equis Financial prior to joining IFC.

Digital Transformation and Security Concerns Drive Growth in the Global Maritime Information Market

Retrieved on: 
Tuesday, October 17, 2023

DUBLIN, Oct. 17, 2023 /PRNewswire/ -- The "Maritime Information Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 17, 2023 /PRNewswire/ -- The "Maritime Information Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
  • The global maritime information market has experienced substantial growth, reaching a size of US$ 1.8 billion in 2022.
  • Maritime navigation, a practice dating back centuries for trade, travel, and security, has undergone a digital transformation.
  • The report provides an analysis of key trends in each sub-segment of the global maritime information market, along with forecasts at the global and regional levels from 2023-2028.

 American Equity Announces Record Total Enterprise Sales1 of $2.2 Billion in Third Quarter and Expected Date of Third Quarter 2023 Earnings Results

Retrieved on: 
Tuesday, October 17, 2023

AEL also announced that it will release its third quarter 2023 earnings results after the market closes on Tuesday, November 7, 2023.

Key Points: 
  • AEL also announced that it will release its third quarter 2023 earnings results after the market closes on Tuesday, November 7, 2023.
  • The press release and financial supplement will be posted on the American Equity IR website at https://ir.american-equity.com/ at that time.
  • Third quarter 2023 sales were $2.2 billion, of which 99% were in fixed index annuities.
  • Total enterprise FIA sales increased 18% compared to the second quarter of 2023 and 203% compared to the third quarter of 2022.

Safe Bulkers, Inc. Announces Contracts for the Acquisition of Two Dual-Fueled Kamsarmax Class Newbuild Vessels

Retrieved on: 
Friday, October 6, 2023

The newbuild vessels are designed to meet the requirements of Energy Efficiency Design Index related to Green House Gas, GHG emissions, ‘EEDI, Phase 3’ and to comply with the NOx emissions regulation, NOx-Tier III.

Key Points: 
  • The newbuild vessels are designed to meet the requirements of Energy Efficiency Design Index related to Green House Gas, GHG emissions, ‘EEDI, Phase 3’ and to comply with the NOx emissions regulation, NOx-Tier III.
  • The newbuild vessels are capable of operating with methanol and fuel.
  • When powered by green methanol the vessels can produce close to zero GHG emissions based on the life cycle assessment (LCA) methodology well-to-propeller (WTP).
  • The two new contracts, with relatively prompt deliveries, signed today, reflect our ambition to be in the forefront of environmental developments.”

Berge Bulk unveils the world's most powerful sailing cargo ship

Retrieved on: 
Tuesday, October 17, 2023

The WindWings installation is part of Berge Bulk's ambition to become carbon neutral by 2025 and marks the Berge Olympus as the world's most powerful sailing cargo ship.

Key Points: 
  • The WindWings installation is part of Berge Bulk's ambition to become carbon neutral by 2025 and marks the Berge Olympus as the world's most powerful sailing cargo ship.
  • Berge Bulk's WindWings project is a testament to its commitment to lead the way towards a zero-carbon future while enhancing vessel efficiency.
  • James Marshall, Chief Executive Officer, Berge Bulk concluded: "At Berge Bulk, we are constantly striving to enhance our efficiency and reduce the environmental impact of our existing fleet.
  • John Cooper, Chief Executive Officer, BAR Technologies said: "We're immensely proud to be spearheading wind-assisted propulsion through the development of WindWings and through our shared vision with Berge Bulk to launch the world's most powerful sailing cargo ship.

Berge Bulk unveils the world's most powerful sailing cargo ship

Retrieved on: 
Tuesday, October 17, 2023

The WindWings installation is part of Berge Bulk's ambition to become carbon neutral by 2025 and marks the Berge Olympus as the world's most powerful sailing cargo ship.

Key Points: 
  • The WindWings installation is part of Berge Bulk's ambition to become carbon neutral by 2025 and marks the Berge Olympus as the world's most powerful sailing cargo ship.
  • Berge Bulk's WindWings project is a testament to its commitment to lead the way towards a zero-carbon future while enhancing vessel efficiency.
  • James Marshall, Chief Executive Officer, Berge Bulk concluded: "At Berge Bulk, we are constantly striving to enhance our efficiency and reduce the environmental impact of our existing fleet.
  • John Cooper, Chief Executive Officer, BAR Technologies said: "We're immensely proud to be spearheading wind-assisted propulsion through the development of WindWings and through our shared vision with Berge Bulk to launch the world's most powerful sailing cargo ship.