Country risk

AM Best Revises Outlooks to Positive; Affirms Credit Ratings of Junto Resseguros S.A. and Junto Seguros S.A.

Retrieved on: 
Wednesday, November 29, 2023

AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) (collectively referred to as Junto).

Key Points: 
  • AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Junto Resseguros S.A. (Junto Re) and Junto Seguros S.A. (Junto Seg) (collectively referred to as Junto).
  • The Credit Ratings (ratings) reflect Junto’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).
  • For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive .
  • AM Best does not validate or certify the information provided by the client in order to issue a credit rating.

S&P Global Market Intelligence Launches S&P Global Purchasing Managers' Index™ (PMI™) Headline Indicators on S&P Capital IQ Pro

Retrieved on: 
Monday, May 22, 2023

NEW YORK, May 22, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Purchasing Managers' Index™ (PMI™) Headline Indicators on its S&P Capital IQ Pro platform. The PMI Headline Indicators are part of S&P Global Market Intelligence's Purchasing Managers' Index™ (PMI™) series and this latest offering is the result of S&P Global's merger with IHS Markit in 2022. Additional new enhancements to S&P Capital IQ Pro include new charting capabilities and enhanced financial and trading multiples data.

Key Points: 
  • NEW YORK, May 22, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of the S&P Global Purchasing Managers' Index™ (PMI™) Headline Indicators on its S&P Capital IQ Pro platform.
  • The PMI Headline Indicators are part of S&P Global Market Intelligence's Purchasing Managers' Index ™ (PMI™) series and this latest offering is the result of S&P Global's merger with IHS Markit in 2022.
  • Additional new enhancements to S&P Capital IQ Pro include new charting capabilities and enhanced financial and trading multiples data.
  • S&P Capital IQ Pro is S&P Global Market Intelligence's flagship data and analytics platform offering access to deep, meaningful data on the global financial markets, companies, and industries that help market participants make informed decisions.

S&P Global Market Intelligence Launches Country Risk Scores & Economic Data and Insights on S&P Capital IQ Pro

Retrieved on: 
Monday, January 30, 2023

NEW YORK, Jan. 30, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of Country Risk Scores and Economic data and insights on its S&P Capital IQ Pro platform. This new enhancement will include high level country risk scores, country summaries and macroeconomic indicators on the division's flagship workflow solution and data platform. Originally developed by IHS Markit, the addition of the sovereign and economic insights onto S&P Capital IQ Pro is one of the many product launches resulting from its merger with S&P Global.

Key Points: 
  • New economic and sovereign insights complement S&P Capital IQ Pro's deep sector data, offering an enhanced and comprehensive desktop workflow solution
    NEW YORK, Jan. 30, 2023 /PRNewswire/ -- S&P Global Market Intelligence, a provider of information services and solutions to global markets, today announced the launch of Country Risk Scores and Economic data and insights on its S&P Capital IQ Pro platform.
  • This new enhancement will include high level country risk scores, country summaries and macroeconomic indicators on the division's flagship workflow solution and data platform.
  • Originally developed by IHS Markit, the addition of the sovereign and economic insights onto S&P Capital IQ Pro is one of the many product launches resulting from its merger with S&P Global.
  • The Country Risk Scores and Economic data are also available on the S&P Global Marketplace platform.

AM Best Downgrades Issuer Credit Rating of Republic Insurance Company (Cayman) Limited

Retrieved on: 
Friday, May 13, 2022

AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to bbb (Good) from bbb+ (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands).

Key Points: 
  • AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to bbb (Good) from bbb+ (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands).
  • The Credit Ratings (ratings) reflect Republic Insurances balance sheet strength, which AM Best assesses as very strong as well as its adequate 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 Moves Russia to Bottom Country Risk Tier in Invasion Fallout

Retrieved on: 
Wednesday, March 9, 2022

AM Best has moved its Country Risk Tier for Russia to a CRT-5 from a CRT-4 to reflect the significantly heightened geopolitical, economic and financial system risk in the country.

Key Points: 
  • AM Best has moved its Country Risk Tier for Russia to a CRT-5 from a CRT-4 to reflect the significantly heightened geopolitical, economic and financial system risk in the country.
  • AM Best determines country risk levels by assessing country specific factors that could adversely affect an insurers ability to meet its financial obligations.
  • The Country Risk Tier of CRT-5 for Russia reflects very high levels of economic, political and financial system risk.
  • For more information about AM Bests country risk methodology, Evaluating Country Risk, please visit the methodology section of AM Bests website.

Celsius Announces the Appointment of Traditional Finance Executives Aslihan Denizkurdu & Frank van Etten

Retrieved on: 
Friday, January 14, 2022

HOBOKEN, N.J., Jan. 14, 2022 /PRNewswire/ -- Celsius Network , the leading cryptocurrency lending and borrowing platform, announced today that it has appointed Aslihan Denizkurdu as Chief Operating Officer and Frank van Etten as Chief Investment Officer.

Key Points: 
  • HOBOKEN, N.J., Jan. 14, 2022 /PRNewswire/ -- Celsius Network , the leading cryptocurrency lending and borrowing platform, announced today that it has appointed Aslihan Denizkurdu as Chief Operating Officer and Frank van Etten as Chief Investment Officer.
  • "We are seeing a migration of talent from traditional finance to decentralized finance and crypto companies," said Alex Mashinsky, CEO of Celsius.
  • Bringing in practices from traditional finance and applying them with the innovative mindset and approaches of fintech will be a part of this journey."
  • Before joining Celsius, van Etten was in asset management for two decades in global leadership roles at ING, Voya, UBS and Nuveen.

Celsius Announces the Appointment of Traditional Finance Executives Aslihan Denizkurdu & Frank van Etten

Retrieved on: 
Friday, January 14, 2022

HOBOKEN, N.J., Jan. 14, 2022 /PRNewswire/ -- Celsius Network , the leading cryptocurrency lending and borrowing platform, announced today that it has appointed Aslihan Denizkurdu as Chief Operating Officer and Frank van Etten as Chief Investment Officer.

Key Points: 
  • HOBOKEN, N.J., Jan. 14, 2022 /PRNewswire/ -- Celsius Network , the leading cryptocurrency lending and borrowing platform, announced today that it has appointed Aslihan Denizkurdu as Chief Operating Officer and Frank van Etten as Chief Investment Officer.
  • "We are seeing a migration of talent from traditional finance to decentralized finance and crypto companies," said Alex Mashinsky, CEO of Celsius.
  • Bringing in practices from traditional finance and applying them with the innovative mindset and approaches of fintech will be a part of this journey."
  • Before joining Celsius, van Etten was in asset management for two decades in global leadership roles at ING, Voya, UBS and Nuveen.

Morningstar's Sustainability Ratings Coverage Expands by 25,000 New Funds with the Addition of Sustainalytics' Country Risk Ratings

Retrieved on: 
Wednesday, November 17, 2021

TORONTO, Nov. 17, 2021 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has expanded coverage of its Morningstar Sustainability RatingTM for funds by embedding Country Risk Ratings from Sustainalytics, a Morningstar company and a leading global provider of ESG research, ratings and data. The move makes the Morningstar Sustainability Rating available across more than 85,000 funds worldwide, including new coverage for approximately 25,000 multi-asset and fixed-income funds, that span both corporate investments and investments in countries, such as sovereign debt. Investors can access Morningstar's Sustainability Ratings across flagship Morningstar platforms, including Morningstar.com®, Morningstar DirectSM and Morningstar® Advisor WorkstationSM.

Key Points: 
  • Incorporating Sustainalytics' Country Risk Ratings in the latest methodology evolution advances Morningstar's Sustainability Rating framework from a single sustainability score to a modular approach.
  • The Morningstar Sustainability Rating now offers greater precision and transparency to investors, providing independent measures of ESG risk for corporations and countries.
  • While Sustainalytics' ESG Risk Ratings and Country Risk Ratings are based on similar principles and are designed to measure the degree of absolute ESG risk, the two ratings measure distinct forms of ESG risk.
  • The ESG Risk Rating measures the risk to enterprise value, while Country Risk measures the risk to long-term economic development.

Morningstar's Sustainability Ratings Coverage Expands by 25,000 New Funds with the Addition of Sustainalytics' Country Risk Ratings

Retrieved on: 
Wednesday, November 17, 2021

TORONTO, Nov. 17, 2021 /PRNewswire/ -- Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment research, has expanded coverage of its Morningstar Sustainability RatingTM for funds by embedding Country Risk Ratings from Sustainalytics, a Morningstar company and a leading global provider of ESG research, ratings and data. The move makes the Morningstar Sustainability Rating available across more than 85,000 funds worldwide, including new coverage for approximately 25,000 multi-asset and fixed-income funds, that span both corporate investments and investments in countries, such as sovereign debt. Investors can access Morningstar's Sustainability Ratings across flagship Morningstar platforms, including Morningstar.com®, Morningstar DirectSM and Morningstar® Advisor WorkstationSM.

Key Points: 
  • Incorporating Sustainalytics' Country Risk Ratings in the latest methodology evolution advances Morningstar's Sustainability Rating framework from a single sustainability score to a modular approach.
  • The Morningstar Sustainability Rating now offers greater precision and transparency to investors, providing independent measures of ESG risk for corporations and countries.
  • While Sustainalytics' ESG Risk Ratings and Country Risk Ratings are based on similar principles and are designed to measure the degree of absolute ESG risk, the two ratings measure distinct forms of ESG risk.
  • The ESG Risk Rating measures the risk to enterprise value, while Country Risk measures the risk to long-term economic development.

Tellimer Adds Macroeconomic and Country Risk Analysis from IHS Markit to Insights Network

Retrieved on: 
Wednesday, April 28, 2021

b'Tellimer Group (Tellimer), the investment information, data & technology firm, today announces the addition of selected macroeconomic and country risk analysis content from IHS Markit, a world leader in critical information, analytics and solutions, in an expansion of its global investment research network, Tellimer Insights.\nThrough Tellimer\xe2\x80\x99s cutting-edge distribution and reporting technologies, IHS Markit will publish a subset of its macroeconomic and country risk coverage to the Tellimer network.

Key Points: 
  • b'Tellimer Group (Tellimer), the investment information, data & technology firm, today announces the addition of selected macroeconomic and country risk analysis content from IHS Markit, a world leader in critical information, analytics and solutions, in an expansion of its global investment research network, Tellimer Insights.\nThrough Tellimer\xe2\x80\x99s cutting-edge distribution and reporting technologies, IHS Markit will publish a subset of its macroeconomic and country risk coverage to the Tellimer network.
  • Clients of Tellimer will be able to gain access to a sampling of IHS Markit\xe2\x80\x99s macroeconomic and country risk research via subscription to the Tellimer Insights platform.\nDuncan Wales, CEO of Tellimer Group, said: \xe2\x80\x9cThe addition of IHS Markit\xe2\x80\x99s economic and risk analysis to our network is a landmark moment for Tellimer, as we expand our coverage to include developed markets and become the research tool of choice for the world\xe2\x80\x99s investment community.
  • Our state-of-the-art distribution technology will deliver some IHS Markit research through a world-class content platform and provide an unbeatable array of investment intelligence to Tellimer clients around the world.\xe2\x80\x9d\n"We are excited to provide Tellimer with a sampling of our economic and country risk analytical content and blogs.
  • Our analytical capabilities enable customers to identify and optimize growth opportunities and mitigate risk in emerging market investment climates.\xe2\x80\x9d said Zbyszko Tabernacki, Global Head of Economics and Country Risk at IHS Markit.\nThe macroeconomic and country risk analysis from IHS Markit is the latest addition to Tellimer Insights, following other landmark agreements in the past year with Arion Bank, Everbright SHK, UniCredit and Alfa Bank.