Massy Holdings

AM Best Places Credit Ratings of Massy United Insurance Ltd. Under Review With Developing Implications Following Acquisition Announcement

Retrieved on: 
Thursday, September 16, 2021
Banking, Professional Services, Insurance, Finance, ALL, Credit, AM, Insurance, AM Best, FSR, Massy Holdings, Credit rating, Industry, Data, CG, Review, News, Security (finance)

AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of Massy United Insurance Ltd. (Massy United) (Barbados).

Key Points: 
  • AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a- (Excellent) of Massy United Insurance Ltd. (Massy United) (Barbados).
  • 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 Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .
  • 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 Massy United Insurance Ltd.

Retrieved on: 
Tuesday, August 24, 2021
Professional Services, Insurance, Finance, Industry, Trinidad and Tobago Stock Exchange, Growth, AM Best, Insurance, Credit, Tourism, ALL, Investment, Risk management, News, Massy Holdings, AM, Data, COVID-19, Income

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Massy United Insurance Ltd. (Massy United) (Barbados).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of Massy United Insurance Ltd. (Massy United) (Barbados).
  • Massy United offers a full range of personal and commercial insurance products, including property and motor, in a number of Caribbean countries.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Mitsubishi Corporation: Commercial Operations Commence at Methanol / Dimethyl Ether Plant in Trinidad and Tobago

Retrieved on: 
Tuesday, January 19, 2021
Energy, Chemistry, Synthetic fuels, Dimethyl ether, Fuels, Massy Holdings, Mitsubishi Gas Chemical Company, National Gas Company of Trinidad and Tobago, Methanol, MGC, TRINIDAD AND TOBAGO, Methanol economy

TOKYO, Jan 19, 2021 - (JCN Newswire) - Mitsubishi Gas Chemical Company (MGC), Mitsubishi Corporation (MC) and Mitsubishi Heavy Industries Engineering (MHIENG) have teamed up with the National Gas Company of Trinidad and Tobago (NGC) and Massy Holdings (Massy), a joint venture in the Republic of Trinidad and Tobago, Caribbean Gas Chemical Limited (CGCL), to launch commercial operations of a methanol and dimethyl ether (DME) plant.

Key Points: 
  • TOKYO, Jan 19, 2021 - (JCN Newswire) - Mitsubishi Gas Chemical Company (MGC), Mitsubishi Corporation (MC) and Mitsubishi Heavy Industries Engineering (MHIENG) have teamed up with the National Gas Company of Trinidad and Tobago (NGC) and Massy Holdings (Massy), a joint venture in the Republic of Trinidad and Tobago, Caribbean Gas Chemical Limited (CGCL), to launch commercial operations of a methanol and dimethyl ether (DME) plant.
  • Fueled primarily by natural gas sourced from Trinidad and Tobago, the plant has an annual production capacity of one million tons of methanol and 20,000 tons of DME.
  • Methanol is a basic chemical that is used as a raw material in the production of many downstream products.
  • Through this business, MGC, MC and MHIENG are aiming to help meet that demand and provide a boost to economic growth in the Caribbean.

AM Best Affirms Credit Ratings of Massy United Insurance Ltd.

Retrieved on: 
Friday, July 12, 2019
Finance, Banking, Professional services, Insurance, Credit rating agencies, Massy Holdings, Trinidad and Tobago Stock Exchange, AM Best, Economy

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of Massy United Insurance Ltd. (Massy United) (Barbados).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of Massy United Insurance Ltd. (Massy United) (Barbados).
  • Massy United is an indirect subsidiary of Massy Holdings Ltd., (Massy), a large Caribbean-based conglomerate that is publicly traded on the Trinidad and Tobago stock exchange.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings .
  • For information on the proper media use of Bests Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Bests Credit Ratings and AM Best Rating Action Press Releases .