Long-Term Capital Management

AM Best Upgrades Credit Ratings of Independence Life and Annuity; Affirms Credit Ratings of Sun Life Financial and Most of Its Subsidiaries

Retrieved on: 
Thursday, February 22, 2024
Finance, Consulting, Banking, Professional Services, Insurance, Superior, ERM, Long-Term Capital Management, ALL, Sun Life Financial, FSR, News, AM Best, Growth, SLF, CAD, Liability insurance, Good, Credit, Security (finance)

The outlook of these Credit Ratings (ratings) has been revised to stable from positive.

Key Points: 
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • These companies are the core insurance subsidiaries of Sun Life Financial Inc. (SLF) (Ontario, Canada) [NYSE: SLF] (collectively referred to as Sun Life Group).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IRs) of SLF.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AM Best Affirms Credit Ratings of CNO Financial Group, Inc. and Its Life/Health Subsidiaries

Retrieved on: 
Thursday, February 15, 2024
Insurance, Professional Services, Bankers Life, Long-Term Capital Management, ALL, CNO Financial Group, FSR, CNO, Risk management, News, AM Best, Retirement, Life, History, FIA, Credit, Good, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a” (Excellent) of the life/health insurance subsidiaries of CNO Financial Group, Inc. (headquartered in Carmel, IN) [NYSE: CNO].
  • These subsidiaries are referred to collectively as CNO Financial Group (CNO).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) and the Long-Term Issue Credit Ratings (Long-Term IRs) of CNO Financial Group, Inc.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

Tachyum Upgrades Software Package in Advance of Beta Release of the Prodigy Universal Processor

Retrieved on: 
Wednesday, February 14, 2024
Semiconductor, Data Management, Technology, Software, Artificial Intelligence, Hardware, HPC, SSD, Artificial intelligence, AI, Library, Reliability, UEFI, RAS, EDAC, Universal, Prodigy, GPU, Ecosystem, Correction, OPEX, Economics, Long-Term Capital Management, LLVM, CAPEX, Serviceability, FPGA, Video game

Tachyum ® today announced that it has upgraded the software stack for the Prodigy® Universal Processor before the anticipated launch of its beta version around the end of quarter.

Key Points: 
  • Tachyum ® today announced that it has upgraded the software stack for the Prodigy® Universal Processor before the anticipated launch of its beta version around the end of quarter.
  • Quality completion of Prodigy’s software stack is a key component as the company continues to advance towards chip production and distribution.
  • Tachyum software engineers have worked hard to enable the full potential of Prodigy with the development of a ecosystem of applications, system software, frameworks and libraries that are ported to run natively on Prodigy hardware.
  • Once the software package completes its testing and runs cleanly on the FPGA, the company can fully transition to advancing the Universal Processor into production.

AM Best Revises Issuer Credit Rating Outlook to Positive for Operating Insurance Subsidiaries of Nassau Financial Group, L.P.

Retrieved on: 
Wednesday, February 14, 2024
Banking, Professional Services, Insurance, Finance, Long-Term Capital Management, ALL, FSR, Risk management, News, AM Best, Fortress Investment Group, Credit, Good, Mortality, Partnership

These companies are collectively referred to as the Nassau Insurance Group (Nassau).

Key Points: 
  • These companies are collectively referred to as the Nassau Insurance Group (Nassau).
  • The Credit Ratings (ratings) reflect Nassau’s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • 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 Cincinnati Financial Corporation and Subsidiaries

Retrieved on: 
Friday, February 9, 2024
Insurance, Professional Services, Risk management, News, Long-Term Capital Management, CFC, ALL, Life, Cincinnati Financial, FSR, CSU, Credit, AM Best, Superior, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the property/casualty (P/C) insurance subsidiaries of Cincinnati Financial Corporation (CFC) and The Cincinnati Life Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa” (Superior) of the property/casualty (P/C) insurance subsidiaries of Cincinnati Financial Corporation (CFC) and The Cincinnati Life Insurance Company.
  • Additionally, AM Best has affirmed the Long-Term ICR of “a” (Excellent) and the Long-Term Issue Credit Ratings (Long-Term IR) of CFC, the companies’ publicly traded parent.
  • 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 MetLife, Inc. and Its Life/Health Subsidiaries

Retrieved on: 
Thursday, February 8, 2024
Professional Services, Insurance, Finance, Geography, MetLife, News, Long-Term Capital Management, Good, History, ALL, GAAP, ERM, FSR, MET, Risk, Credit, AM Best, Superior, Security (finance)

The outlook of these Credit Ratings (ratings) is stable.

Key Points: 
  • 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 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 specializing in the insurance industry.

AM Best Assigns Issue Credit Ratings to The Cigna Group’s New Senior Unsecured Notes

Retrieved on: 
Wednesday, February 7, 2024
Consulting, Professional Services, Insurance, Finance, Cigna, Growth, News, Long-Term Capital Management, Tax, AM Best, Good, Credit, Average revenue per user, ALL, Security (finance)

AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “bbb+” (Good) to The Cigna Group’s (Cigna) (headquartered in Bloomfield, CT) [NYSE:CI] recently issued $1 billion 5% senior unsecured notes, due 2029, $750 million 5.125% senior unsecured notes, due 2031, $1.25 billion 5.25% senior unsecured notes, due 2034 and the $1.5 billion 5.6% senior unsecured notes, due 2054.

Key Points: 
  • AM Best has assigned Long-Term Issue Credit Ratings (Long-Term IRs) of “bbb+” (Good) to The Cigna Group’s (Cigna) (headquartered in Bloomfield, CT) [NYSE:CI] recently issued $1 billion 5% senior unsecured notes, due 2029, $750 million 5.125% senior unsecured notes, due 2031, $1.25 billion 5.25% senior unsecured notes, due 2034 and the $1.5 billion 5.6% senior unsecured notes, due 2054.
  • Cigna’s Long-Term Issuer Credit Rating of “bbb+” (Good), its other Long-Term IRs and the ratings of its insurance subsidiaries remain unchanged.
  • 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 Upgrades Credit Ratings of Gerber Life Insurance Company; Affirms Credit Ratings of Certain Western & Southern Financial Group, Inc.’s Subsidiaries

Retrieved on: 
Wednesday, February 7, 2024
Banking, Professional Services, Insurance, Finance, COVID-19, Growth, Mortality, Life, SF, ERM, News, Long-Term Capital Management, AM Best, FSR, Longevity, Credit, ALL, SF Group, Superior

Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa” (Superior) of The Western and Southern Life Insurance Company (WSLIC), Western-Southern Life Assurance Company, Columbus Life Insurance Company (Columbus Life), Integrity Life Insurance Company, National Integrity Life Insurance Company (Greenwich, NY) and The Lafayette Life Insurance Company (Lafayette Life).

Key Points: 
  • Concurrently, AM Best has affirmed the FSR of A+ (Superior) and the Long-Term ICR of “aa” (Superior) of The Western and Southern Life Insurance Company (WSLIC), Western-Southern Life Assurance Company, Columbus Life Insurance Company (Columbus Life), Integrity Life Insurance Company, National Integrity Life Insurance Company (Greenwich, NY) and The Lafayette Life Insurance Company (Lafayette Life).
  • These companies have traditionally been the key life insurance and annuity carriers of Western & Southern Financial Group, Inc. (W&SF Group), and are referred to collectively for rating purposes as WSFG.
  • W&SF Group is an intermediate stock holding company of the ultimate parent company, Western & Southern Mutual Holding Company.
  • Finally, the ratings also recognize continued capital maintenance guarantees from WSLIC to certain insurance subsidiaries and its affiliate, Lafayette Life.

Press release - Belgium Presidency debriefs EP committees on priorities

Retrieved on: 
Sunday, February 4, 2024
Pillar, Walloon, Education, Climate change, Long-Term Capital Management, Australian Space Agency, Treaty, Rape, PFAS, Policy, Ministry of Social Affairs, Blockchain, Digital identity, AMR, Natural gas, White paper, World Trade Organization, Participatory democracy, High Seas, Partnership, Artificiality, GDPR, European Social Fund Plus, Frustration, CSAM, HERA, NASA Exoplanet Archive, Housing, Safety, SME, Science policy, Government, Justice, Public health, Pesticide, Consumer protection, Mental health, European single market, API, Economy, Science, Finance, State, Commission, Violence, Culture, Artificial intelligence, Medicine, Employment, Student, Development, International trade, Woman, Fishery, Annelies Verlinden, Legislation, Digitization, Transport Select Committee, Research, Service provider, Mutagen, French Community of Belgium, Hydrogen, Death, Artificial Intelligence Act, Kool-Aid, Civil liberties, Civil service, Petra De Sutter, Scientific method, Parliament, Gender equality, Economic recovery, Mercury, Horizon, European Higher Education Area, Carcinogen, Illegal drug trade, AI, European Space Agency, Crime, Foreign Affairs, Ministry of home affairs, Creative Europe, European Health Data Space, Investment, Diversity, Work, Public administration, Food safety, Telecommunications, Farmer, Enlargement, Patent, Legal Affairs, Sport, Electricity, Health, Regional development, Conference

Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Belgian Presidency of the Council.Committee on Culture and EducationCommittee on DevelopmentCommittee on Economic and Monetary AffairsCommittee on Employment and Social AffairsCommittee on the Environment, Public Health and Food SafetyCommittee on Women’s Rights and Gender EqualityCommittee on the Internal Market and Consumer ProtectionCommittee on International TradeCommittee on Industry, Research and EnergyCommittee on Legal AffairsCommittee on Civil Liberties, Justice and Home AffairsCommittee on Regional DevelopmentCommittee on Transport and Tourism Source : © European Union, 2024 - EP

Key Points: 


Ministers are holding a series of meetings in parliamentary committees to present the priorities of the Belgian Presidency of the Council.Committee on Culture and EducationCommittee on DevelopmentCommittee on Economic and Monetary AffairsCommittee on Employment and Social AffairsCommittee on the Environment, Public Health and Food SafetyCommittee on Women’s Rights and Gender EqualityCommittee on the Internal Market and Consumer ProtectionCommittee on International TradeCommittee on Industry, Research and EnergyCommittee on Legal AffairsCommittee on Civil Liberties, Justice and Home AffairsCommittee on Regional DevelopmentCommittee on Transport and Tourism Source : © European Union, 2024 - EP

AM Best Affirms Credit Ratings of Alleghany Corporation and Its Affiliates

Retrieved on: 
Thursday, January 25, 2024
Insurance, Professional Services, Credit, Berkshire Hathaway, ALL, FSR, Long-Term Capital Management, Risk management, Alleghany Corporation, TransRe, Superior, News, AM Best, Security (finance)

In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of “a+” (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc.

Key Points: 
  • In addition, AM Best has affirmed the Long-Term ICRs and the Long-Term Issue Credit Ratings (Long-Term IRs) of “a+” (Excellent) of Alleghany Corporation (Alleghany) and Transatlantic Holdings, Inc.
  • 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 specializing in the insurance industry.