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AM Best Affirms Credit Ratings of New Zealand Medical Indemnity Insurance Limited

Retrieved on: 
Thursday, May 2, 2024

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of New Zealand Medical Indemnity Insurance Limited (NZMII) (New Zealand).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of New Zealand Medical Indemnity Insurance Limited (NZMII) (New Zealand).
  • AM Best assesses NZMII’s business profile as limited given its position as a small and niche insurer in New Zealand providing medical indemnity insurance to medical practitioners and health professionals.
  • 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 Donegal Insurance Group Members and Donegal Group Inc.

Retrieved on: 
Thursday, May 2, 2024

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 members of Donegal Insurance Group (Donegal Group).

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 members of Donegal Insurance Group (Donegal Group).
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb” (Good) of the publicly traded holding company, Donegal Group Inc. (Delaware) [NASDAQ: DGICA and DGICB].
  • The outlook of these Credit Ratings (ratings) is stable.
  • The FSR of A (Excellent) and the Long Term ICRs of “a” (Excellent) have been affirmed, with stable outlooks for the following members of Donegal Insurance Group:

Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds

Retrieved on: 
Friday, May 3, 2024

Each Warrant will entitle the holder to acquire one common share (each, a "Common Share") of the Company at an exercise price equal to C$16.18 per Common Share for a period of five years from the Closing Date.

Key Points: 
  • Each Warrant will entitle the holder to acquire one common share (each, a "Common Share") of the Company at an exercise price equal to C$16.18 per Common Share for a period of five years from the Closing Date.
  • The Company does not plan to list the Convertible Debenture or the Warrants on the TSX, NASDAQ, or any other securities exchange or other trading system.
  • The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.
  • The closing of the offering pursuant to the Agreement is expected to occur during the week of May 6, 2024, subject to customary closing conditions.

First Horizon Bank Teaches Financial Literacy Skills to more than 7,000 Students

Retrieved on: 
Thursday, May 2, 2024

MEMPHIS, Tenn., May 2, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") is proud to announce its participation in the American Bankers Association (ABA) Foundation's "Teach Children to Save Day," directly providing financial literacy skills to more than 7,000 students. In April, First Horizon associates conducted financial literacy classes for youth across the bank's footprint by imparting essential money management skills and promoting the value of saving from an early age.

Key Points: 
  • In April, First Horizon associates conducted financial literacy classes for youth across the bank's footprint by imparting essential money management skills and promoting the value of saving from an early age.
  • "Teach Children to Save Day" is an annual event held as a part of Financial Literacy Month to educate young people about the importance of saving money and making wise financial decisions.
  • "As a part of our community investment strategy, we place significant emphasis on financial literacy skills that can transform lives and communities," says Bryan Jordan, Chairman, President, and CEO of First Horizon.
  • In addition to participating in "Teach Children to Save Day", First Horizon has supported numerous organizations and partners through financial literacy initiatives.

Black Soldier Fly Market is Expected to Reach $3.96 Billion by 2033 - Exclusive Report by Meticulous Research®

Retrieved on: 
Thursday, May 2, 2024

In addition, expansions in developed and emerging economies provide significant opportunities for the growth of the black soldier fly market.

Key Points: 
  • In addition, expansions in developed and emerging economies provide significant opportunities for the growth of the black soldier fly market.
  • In 2024, the aquafeed segment is expected to account for the largest share of 44% of the black soldier fly market.
  • In terms of value, in 2024, Europe is expected to account for the largest share of 55% of the black soldier fly market.
  • Moreover, North America black soldier fly market is expected to witness the highest CAGR of 34.4% during the forecast period.

Black Soldier Fly Market is Expected to Reach $3.96 Billion by 2033 - Exclusive Report by Meticulous Research®

Retrieved on: 
Thursday, May 2, 2024

In addition, expansions in developed and emerging economies provide significant opportunities for the growth of the black soldier fly market.

Key Points: 
  • In addition, expansions in developed and emerging economies provide significant opportunities for the growth of the black soldier fly market.
  • In 2024, the aquafeed segment is expected to account for the largest share of 44% of the black soldier fly market.
  • In terms of value, in 2024, Europe is expected to account for the largest share of 55% of the black soldier fly market.
  • Moreover, North America black soldier fly market is expected to witness the highest CAGR of 34.4% during the forecast period.

BMO Helps Women-Owned Businesses Grow the Good with the 2024 BMO Celebrating Women Grant Program

Retrieved on: 
Thursday, May 2, 2024

CHICAGO, May 2, 2024 /PRNewswire/ - BMO, in collaboration with Deloitte*, has announced the 2024 launch of its annual BMO Celebrating Women Grant Program, an initiative dedicated to helping U.S. women-owned businesses make real financial progress.

Key Points: 
  • CHICAGO, May 2, 2024 /PRNewswire/ - BMO, in collaboration with Deloitte*, has announced the 2024 launch of its annual BMO Celebrating Women Grant Program, an initiative dedicated to helping U.S. women-owned businesses make real financial progress.
  • "Each year, the BMO Celebrating Women Grant Program helps inspire women-led businesses to thrive in their communities and make progress," said Erminia (Ernie) Johannson, Group Head, North American Personal and Business Banking.
  • "By breaking down traditional barriers to funding for women entrepreneurs, the grant program aligns to BMO's Zero Barriers to Inclusion strategy.
  • To learn more about the BMO Celebrating Women Grant Program, visit www.bmoforwomen.com .

BMO Helps Women-Owned Businesses Grow the Good with the 2024 BMO Celebrating Women Grant Program

Retrieved on: 
Thursday, May 2, 2024

TORONTO, May 2, 2024 /CNW/ - BMO, in collaboration with Deloitte Canada, today announced the continuation of its BMO Celebrating Women Grant Program, an initiative dedicated to supporting real financial progress for women-owned businesses.

Key Points: 
  • TORONTO, May 2, 2024 /CNW/ - BMO, in collaboration with Deloitte Canada, today announced the continuation of its BMO Celebrating Women Grant Program, an initiative dedicated to supporting real financial progress for women-owned businesses.
  • This includes BMO for Women workshops, seminars and events, potential membership in select organizations and/or advisory boards, a profile on bmoforwomen.com , and a BMO Celebrating Women Grant Program recipient social badge.
  • The BMO Celebrating Women Grant Program is another way our bank is working to empower women-owned businesses in Canada as they make measurable, long-lasting impacts."
  • Inspired by BMO's Purpose, to Boldly Grow the Good in business and life, and the bank's commitment to double support for women-owned businesses, the BMO Celebrating Women Grant Program was created in 2020.

CHEMRES AND CHEMRES TRINITY, DIVISIONS OF THE BENVIC GROUP, ANNOUNCE BUSINESS NAME CHANGE TO BENVIC

Retrieved on: 
Wednesday, May 1, 2024

PRINCETON, N.J., May 1, 2024 /PRNewswire/ -- Chemres and Chemres Trinity, part of the Benvic Group for over two years, announce a full transition to the Benvic name.

Key Points: 
  • PRINCETON, N.J., May 1, 2024 /PRNewswire/ -- Chemres and Chemres Trinity, part of the Benvic Group for over two years, announce a full transition to the Benvic name.
  • As of May 1st, 2024, these companies will operate as Benvic.
  • This successful strategic partnership continues to provide all entities of Benvic with unparalleled global access, shared resources, and specialty engineering capabilities, resulting in technical synergies and new business opportunities.
  • Our seamless integration will provide enhanced value for current Chemres and Chemres Trinity customers through:
    Luc Mertens, CEO of Benvic said: "Our successful integration of Chemres and Trinity into the Benvic Group has already provided significant value to our customers.

The Good and the Beautiful is Giving Away 100,000 Free Books to Promote Wholesome Literature for Children

Retrieved on: 
Wednesday, May 1, 2024

The Good and the Beautiful is on a mission to return children to a love of wholesome literature.

Key Points: 
  • The Good and the Beautiful is on a mission to return children to a love of wholesome literature.
  • "We believe in giving children the gift of the best books: books that encourage pure minds and strong hearts, books that support faith, family, clean language and respectful behavior."
  • "We are leading a movement to return children to a love of wholesome literature that strengthens families and creates beautiful hearts and minds.
  • Phillips adds, "Join us on our mission as we help children to learn, recognize, appreciate, and seek out what is good and beautiful in literature, learning, and life."