National Agricultural Cooperative Federation

AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited

Retrieved on: 
Friday, December 1, 2023

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).
  • The ratings also reflect the implicit and explicit support the company receives from its ultimate parent, National Agricultural Cooperative Federation (NACF).
  • 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 specialising in the insurance industry.

65th Session of the APO Governing Body in Mongolia: Assessing Progress, Celebrating Milestones, Shaping the Future of Productivity

Retrieved on: 
Monday, May 29, 2023

The Asian Productivity Organization (APO) successfully concluded the 65th Session of its Governing Body (GBM) with representatives of 19 APO member economies attending in Ulaanbaatar, Mongolia, 24–26 May 2023.

Key Points: 
  • The Asian Productivity Organization (APO) successfully concluded the 65th Session of its Governing Body (GBM) with representatives of 19 APO member economies attending in Ulaanbaatar, Mongolia, 24–26 May 2023.
  • Their dedication, both as members and regional influencers, continues to play a crucial role in promoting and improving productivity throughout the Asia-Pacific.
  • One of the highlights of the meeting was the official handing-over ceremonies under APO flagship programs to mark their launch.
  • The annual GBM continues to be central in strengthening relationships among the diverse APO members and their commitment to the shared mission of enhancing productivity in the Asia-Pacific.

Insights on the Pork Global Market to 2028: Frozen Pork Meat is Growing Due to the Rapid Increase in Consumption of Meat - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 24, 2023

However, the rise in the adoption of veganism and stringent law against the animal cruelty act are the major restraints of the global pork meat market.

Key Points: 
  • However, the rise in the adoption of veganism and stringent law against the animal cruelty act are the major restraints of the global pork meat market.
  • The growth of the pork meat market can be attributed to changes in the food consumption pattern of people worldwide.
  • Frozen pork meat is growing manifold due to the rapid increase in consumption of meat.
  • Increasing the popularity of organic pork meat and clean-label products is expected to offer lucrative opportunities for expansion and the growth of the global pork meat market.

Global Pork Market 2023 - 2028: Players Include JBS, Tyson Foods, Pilgrim's Pride and Danish Crown

Retrieved on: 
Wednesday, January 25, 2023

The growth of the pork meat market can be attributed to changes in the food consumption pattern of people worldwide.

Key Points: 
  • The growth of the pork meat market can be attributed to changes in the food consumption pattern of people worldwide.
  • Increasing the popularity of organic pork meat and clean-label products is expected to offer lucrative opportunities for expansion and the growth of the global pork meat market.
  • The pork meat players have adopted new product launches as their key development strategy to maintain their presence in the pork meat market.
  • Some key players in the report include JBS S.A., Tyson Foods, Pilgrim's pride corporation, Danish crown group, Vion Food Group, WH Groups, Hormel Foods Corporation, and Muyuan Foods.

AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited

Retrieved on: 
Friday, December 2, 2022

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).
  • The ratings also reflect the implicit and explicit support the company receives from its ultimate parent, National Agricultural Cooperative Federation (NACF).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • 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 NongHyup Property and Casualty Insurance Company Limited

Retrieved on: 
Thursday, December 2, 2021

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).
  • 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 .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

Farmmi Showcases Extensive Product Line and Cultivates Sales at Major Conference

Retrieved on: 
Tuesday, October 26, 2021

LISHUI, China, Oct. 26, 2021 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that one of its subsidiaries, Zhejiang Farmmi Food Co., Ltd., showcased its extensive product line and cultivated sales at a major conference from October 23-25, 2021 held at the Jiangsu Baima Agricultural International Expo Center.

Key Points: 
  • LISHUI, China, Oct. 26, 2021 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (NASDAQ: FAMI), an agriculture products supplier in China, today announced that one of its subsidiaries, Zhejiang Farmmi Food Co., Ltd., showcased its extensive product line and cultivated sales at a major conference from October 23-25, 2021 held at the Jiangsu Baima Agricultural International Expo Center.
  • The conference served as an excellent platform for us to engage with customers and supply chain partners as we continue to cultivate sales opportunities.
  • Farmmi was invited to showcase its extensive product line given its prominent role in the production, promotion and sale of agricultural products, and its successful track record in establishing brands that resonate with consumers.
  • Farmmi's subsidiary Zhejiang Farmmi Food Co., Ltd. showcased dozens of edible fungi products, including its popular gift box displays.

AM Best Affirms Credit Ratings of NongHyup Property and Casualty Insurance Company Limited

Retrieved on: 
Thursday, December 3, 2020

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- of NongHyup Property and Casualty Insurance Company Limited (NH P&C) (South Korea).
  • The ratings also reflect the implicit and explicit support the company receives from its ultimate parent company, the National Agricultural Cooperative Federation (NACF).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to 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 .

ICONLOOP and Shinhan Bank Launch First Blockchain-based Financial KYC Compliance Certification Service in South Korea

Retrieved on: 
Wednesday, August 26, 2020

Once issued, the KYC compliance certificate can be used to open accounts with financial institutions and services, bypassing redundant KYC compliance processes.

Key Points: 
  • Once issued, the KYC compliance certificate can be used to open accounts with financial institutions and services, bypassing redundant KYC compliance processes.
  • In addition, Shinhan Financial Group affiliates, such as Shinhan Card, Shinhan Financial Investments, Shinhan Life, Orange Life, and Jeju Bank, are considering using Zzeung service within the next year.
  • Users with Shinhan Bank-issued KYC compliance certificates can easily be verified with other financial institutions, allowing faster onboarding for financial apps such as brokerage, credit card, and insurance accounts.
  • Following Shinhan Banks lead, NH Nonghyup Bank and IBK Industrial Bank will also use Zzeung for KYC compliance certification issuing agency within this year.

Western Union Expands with NongHyup in South Korea

Retrieved on: 
Thursday, July 23, 2020

Western Union , a global leader in cross-border, cross-currency money movement and payments, has expanded its cooperation with NH Bank, through NH Banks appointment of NongHyup (Agricultural Co-operative) as a sub-agent to offer Western Union money transfer services, enabling customers in South Korea to send money to their loved ones in more than 200 countries and territories.

Key Points: 
  • Western Union , a global leader in cross-border, cross-currency money movement and payments, has expanded its cooperation with NH Bank, through NH Banks appointment of NongHyup (Agricultural Co-operative) as a sub-agent to offer Western Union money transfer services, enabling customers in South Korea to send money to their loved ones in more than 200 countries and territories.
  • Western Union and NH Bank have collaborated for more than 13 years to offer money transfer services at over 1,000 locations, and today Western Union further expanded in South Korea by bringing NongHyup onboard, as a sub-agent of NH Bank, to offer cross-border remittance services in more locations across the country.
  • At the heart of what we do at Western Union is the ability to connect people, allowing them to move money around the world, often within minutes1, said Sohini Rajola, Head of Network Middle East and Asia Pacific, Western Union.
  • Western Union serves customers from a large network of Agent locations facilitating convenient service access for customers in the country.