GWP

AM Best Upgrades Credit Ratings of Gulf Insurance Limited

Retrieved on: 
Thursday, November 16, 2023
Insurance, Professional Services, Risk management, Credit, GWP, British Virgin Islands, AM Best, Finance, Good, News, ALL, Reinsurance, Film industry, Curaçao

AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of Gulf Insurance Limited (Gulf) (Trinidad and Tobago).

Key Points: 
  • AM Best has upgraded the Financial Strength Rating to B++ (Good) from B+ (Good) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “bbb-” (Good) of Gulf Insurance Limited (Gulf) (Trinidad and Tobago).
  • The outlook of these Credit Ratings (ratings) has been revised to stable from positive.
  • 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 .

Chemours Announces Capacity Increase of HFC-152a, Providing Reliable, Domestic Supply of Low Global Warming Potential Solution

Retrieved on: 
Tuesday, November 14, 2023
Building Systems, Residential Building & Real Estate, Chemicals, Plastics, Commercial Building & Real Estate, Construction & Property, Green Technology, Energy, Sustainability, Manufacturing, Public Relations, Investor Relations, Finance, Communications, Professional Services, Environment, Other Energy, Engineering, 1,1-Difluoroethane, NYSE, Adhesive, Organic compound, GWP, HP, Volatile organic compound, CC, Paint, Osaka Titanium Technologies, Corpus, Chemours

The capacity expansion will occur at the company’s manufacturing facility in Ingleside, Texas—located 20 minutes outside of Corpus Christi—completion expected by mid 2024.

Key Points: 
  • The capacity expansion will occur at the company’s manufacturing facility in Ingleside, Texas—located 20 minutes outside of Corpus Christi—completion expected by mid 2024.
  • HFC-152a is a versatile, low GWP, non-VOC, aerosol propellant and foam blowing agent used in a wide range of personal care, household, industrial, and construction applications.
  • Chemours HFC-152a is sold in the foam blowing agent market as Formacel™ Z-2 and in the aerosol propellant market as HP 152a.
  • “Chemours is dedicated to helping customers across industries meet evolving regulatory requirements with solutions that minimize environmental impact without compromising performance.

Best’s Market Segment Report: AM Best Assigns Stable Outlook on New Zealand’s Non-Life Insurance Segment

Retrieved on: 
Sunday, November 12, 2023
Professional Services, Insurance, Natural Disasters, Environment, Head, Weather, GWP, Level, AM Best, COVID-19, Stagnation, Quay Street, Reserve Bank, News, ALL, RBNZ, Reinsurance

AM Best is assigning a stable outlook on the New Zealand non-life insurance segment, citing its expectations of solid premium growth in the market, owing to strong, ongoing rate improvement, particularly in the property and motor segments.

Key Points: 
  • AM Best is assigning a stable outlook on the New Zealand non-life insurance segment, citing its expectations of solid premium growth in the market, owing to strong, ongoing rate improvement, particularly in the property and motor segments.
  • The Best’s Market Segment Report, “Market Segment Outlook: New Zealand Non-Life Insurance,” also notes positive factors such as the primary non-life market’s resilient performance despite significant weather-related claims and high inflation, its good buffer in risk-adjusted capital to absorb some volatility and a strong regulatory framework.
  • Countervailing factors for this segment outlook include New Zealand’s increasingly volatile weather conditions, along with tightening reinsurance capacity and reinsurance rate increases, which are expected to drive increased volatility in primary insurers’ earnings.
  • 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 Compagnie Algérienne des Assurances

Retrieved on: 
Thursday, November 9, 2023
Insurance, Professional Services, CAAT, Risk management, Credit, GWP, DZD, AM Best, News, ALL

AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Compagnie Algérienne des Assurances (CAAT) (Algeria).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb+” (Fair) of Compagnie Algérienne des Assurances (CAAT) (Algeria).
  • 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 .

Global Smart Grid Business Analysis Report, 2022 and 2023-2030: Focus on Reshaping City Resilience to Future Pandemics & Crisis Will Spur Rejuvenated Spending

Retrieved on: 
Tuesday, December 5, 2023
Energy industry, Smart grid, Pandemic, Renewable energy industry, Hardware, Post, Investment, Growth, COVID-19, Region, GWP, Kilowatt-hour, Electricity, Electric battery, Renewable energy

DUBLIN, Dec. 5, 2023 /PRNewswire/ -- The "Smart Grid - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 5, 2023 /PRNewswire/ -- The "Smart Grid - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
  • Software, one of the segments analyzed in the report, is projected to record 18.4% CAGR and reach US$80 Billion by the end of the analysis period.
  • The global smart grid market's prospects and outlook are discussed, noting the impact of the COVID-19 pandemic and its subsequent recovery.
  • The report highlights favorable drivers and trends contributing to the smart grid market's growth while also addressing the market's challenges and constraints.

Instrument Transformers Market to Reach $17.2 billion, Globally, by 2032 at 6.1% CAGR: Allied Market Research

Retrieved on: 
Tuesday, December 5, 2023
Ozone, Chart, R-22, IEC 61850, Urbanization, IEC, Investment, PDF, ODP, Traction, HV, GWP, Table, Ageing, Electricity, HVAC, Government, Renewable energy, Ethernet

WILMINGTON, Del., Dec. 5, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Instrument Transformers Market by Product Type (Conventional Instrument Transformer and Non-Conventional Instrument Transformer), Voltage (Low Voltage (Less Than 1kV), Medium Voltage (1-52kV), High Voltage Transmission (60/110 kV), Extra High Voltage Transmission (220/380 kV), and Ultra High Voltage Transmission (Greater Than 380 kV)), Application (Transformer and Circuit Breaker Bushing, Switchgear Assemblies, Relaying, Metering, and Others), and End User (Power Utilities, Power Generation, Railways & Metros, Industries & OEMs, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report the instrument transformers market was valued for $9.6 billion in 2022 and is estimated to reach $17.2 billion by 2032, exhibiting a CAGR of 6.1% from 2023 to 2032.

Key Points: 
  • Rise in energy demand from various industries such as HVAC systems, substations, railways, and power utilities drives the demand for conventional instrument transformer.
  • The adoption of current sensors significantly propels the instrument transformer market.
  • These advancements have further propelled global instrument transformers market growth.
  • In recent years, current transformers gained popularity, owing to its characteristics to incorporate large primary current into a compact unit further drive the global instrument transformer market.

Instrument Transformers Market to Reach $17.2 billion, Globally, by 2032 at 6.1% CAGR: Allied Market Research

Retrieved on: 
Tuesday, December 5, 2023
Ozone, Chart, R-22, IEC 61850, Urbanization, IEC, Investment, PDF, ODP, Traction, HV, GWP, Table, Ageing, Electricity, HVAC, Government, Renewable energy, Ethernet

WILMINGTON, Del., Dec. 5, 2023 /PRNewswire/ -- Allied Market Research published a report, titled, "Instrument Transformers Market by Product Type (Conventional Instrument Transformer and Non-Conventional Instrument Transformer), Voltage (Low Voltage (Less Than 1kV), Medium Voltage (1-52kV), High Voltage Transmission (60/110 kV), Extra High Voltage Transmission (220/380 kV), and Ultra High Voltage Transmission (Greater Than 380 kV)), Application (Transformer and Circuit Breaker Bushing, Switchgear Assemblies, Relaying, Metering, and Others), and End User (Power Utilities, Power Generation, Railways & Metros, Industries & OEMs, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report the instrument transformers market was valued for $9.6 billion in 2022 and is estimated to reach $17.2 billion by 2032, exhibiting a CAGR of 6.1% from 2023 to 2032.

Key Points: 
  • Rise in energy demand from various industries such as HVAC systems, substations, railways, and power utilities drives the demand for conventional instrument transformer.
  • The adoption of current sensors significantly propels the instrument transformer market.
  • These advancements have further propelled global instrument transformers market growth.
  • In recent years, current transformers gained popularity, owing to its characteristics to incorporate large primary current into a compact unit further drive the global instrument transformer market.

DuPont Achieves Major Decarbonization Milestone Through Full Conversion to Low-GWP Styrofoam™ Brand XPS Insulation

Retrieved on: 
Thursday, November 30, 2023
Targets, Carbon, Construction, NYSE, Climate change, Rating scales for depression, COP28, Science, ACC, Environmental protection, History, XR, GWP, UL, Science Based Targets initiative, Global Sustainability Assessment System, LEED, Environment, XPS, Carbon accounting, Electricity, American Chemistry Council, GHG, LCA, Renewable energy

WILMINGTON, Del., Nov. 30, 2023 /PRNewswire/ -- DuPont (NYSE:DD) today announced all sites in North America manufacturing Styrofoam™ Brand XPS insulation now produce a low global warming potential (GWP) formulation, reducing the embodied carbon by 94%, and identifiable with a shift from the original blue to the new grey color. This new insulation maintains the Styrofoam™ Brand XPS trusted moisture resistance and thermal performance criteria demanded by the market. In addition to delivering significantly lower embodied carbon, this new Styrofoam™ Brand XPS insulation offers a wide range of benefits to customers, including LEED v4.1 LCA Optimization credit.

Key Points: 
  • This new insulation maintains the Styrofoam™ Brand XPS trusted moisture resistance and thermal performance criteria demanded by the market.
  • In addition to delivering significantly lower embodied carbon, this new Styrofoam™ Brand XPS insulation offers a wide range of benefits to customers, including LEED v4.1 LCA Optimization credit.
  • "I'm incredibly proud of everyone who contributed to this remarkable milestone," said Tim Lacey, Global Vice President & General Manager of DuPont Performance Building Solutions and Corian® Design.
  • Rooted in over 80 years of technical innovation, the new low-GWP Styrofoam™ Brand XPS Insulation continues to build on its strengths.

United Kingdom Household Insurance Market Report 2023: Aviva Leads the Way - Dynamics, Trends and Opportunities

Retrieved on: 
Wednesday, November 29, 2023
Traction, Housing, Insurance, Climate change, GWP, Beauty salon, Real estate, Property insurance, Life insurance

DUBLIN, Nov. 29, 2023 /PRNewswire/ -- The "United Kingdom (UK) Household Insurance Market Dynamics, Trends and Opportunities, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 29, 2023 /PRNewswire/ -- The "United Kingdom (UK) Household Insurance Market Dynamics, Trends and Opportunities, 2023" report has been added to ResearchAndMarkets.com's offering.
  • This report analyzes the UK household insurance market, looking at drivers of uptake across different demographics and dwelling types.
  • It discusses the claims landscape in 2022 as well as the housing market and upcoming regulatory changes within insurance.
  • The UK household insurance market is expected to grow by 2.9% in 2023, following a 3.3% decline in 2022.

Daikin Applied Introduces Magnitude WMT: A High-Efficiency Water-Cooled Chiller with an Ultra-Low GWP Refrigerant

Retrieved on: 
Wednesday, November 29, 2023
Carbon, Daikin Applied Americas, WMT, GWP, Lubrication, Daikin, Heat, HVAC, Failure, Friction, Magnitude

MINNEAPOLIS, Nov. 29, 2023 /PRNewswire/ -- Daikin Applied today introduced Magnitude® WMT, a next-generation magnetic bearing centrifugal chiller that is able to deliver market-leading energy efficiency at all points of operation. WMT is the only chiller designed for the ultra-low global warming potential (GWP) refrigerant R-1233zd(E) that also features oil-free magnetic bearing technology and a two-stage compressor. This combination provides premium performance and reliability while helping decrease carbon emissions and environmental impact.

Key Points: 
  • WMT is the only chiller designed for the ultra-low global warming potential (GWP) refrigerant R-1233zd(E) that also features oil-free magnetic bearing technology and a two-stage compressor.
  • "The chiller checks all the critical boxes for engineers and owners — comfort, efficiency, reliability — and reduces a facility's carbon footprint at the same time.
  • And the WMT helps customers further their environmental goals by using R-1233zd(E), a high-efficiency refrigerant with ultra-low GWP of 1.
  • Also, follow Daikin Applied on LinkedIn for the latest on commercial HVAC equipment, services and trends.