CBIC

AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.

Retrieved on: 
Thursday, January 11, 2024

RLI Corp. (NYSE: RLI) -- RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt.

Key Points: 
  • RLI Corp. (NYSE: RLI) -- RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt.
  • Hawley Insurance Company and Contractors Bonding and Insurance Company (CBIC).
  • AM Best also affirmed the Long-Term Issuer Credit Ratings (ICR) for each RLI company.
  • The RLI Corp. ICR of “a” (Excellent) was affirmed and the ICRs of “aa” (Superior) have been affirmed for the following subsidiaries: RLI Insurance Company, Mt.

AM Best Affirms Credit Ratings of China BOCOM Insurance Company Limited

Retrieved on: 
Thursday, August 10, 2023

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of China BOCOM Insurance Company Limited (CBIC) (Hong Kong).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of China BOCOM Insurance Company Limited (CBIC) (Hong Kong).
  • The company is the sole general insurance arm of BOCOM group and receives distribution support from BOCOM’s extensive banking network.
  • 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 .

Latin America Construction Industry Databook, Q4 2022 Report - Market Size & Forecast by Value and Volume Across 40+ Market Segments 2017-2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, January 30, 2023

The "Latin America Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional, Infrastructure Construction and City Level Construction by Value , Q4 2022 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional, Infrastructure Construction and City Level Construction by Value , Q4 2022 Update" report has been added to ResearchAndMarkets.com's offering.
  • It details market size & forecast, top cities construction data, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
  • It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms.
  • Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025.

AM Best Affirms A+ (Superior) Rating for RLI Corp., RLI Insurance Co., Mt. Hawley Insurance Co. and Contractors Bonding and Insurance Co.

Retrieved on: 
Wednesday, December 14, 2022

RLI Corp. (NYSE: RLI) RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt.

Key Points: 
  • RLI Corp. (NYSE: RLI) RLI Corp. announced today that its A+ (Superior) financial strength rating (FSR) has been affirmed by AM Best Company for the following insurance subsidiaries: RLI Insurance Company, Mt.
  • Hawley Insurance Company and Contractors Bonding and Insurance Company (CBIC).
  • The RLI Corp. ICR of a (Excellent) was affirmed and the ICRs of aa (Superior) have been affirmed for the following subsidiaries: RLI Insurance Company, Mt.
  • Hawley Insurance Company and Contractors Bonding and Insurance Company.

AM Best Affirms Credit Ratings of China BOCOM Insurance Company Limited

Retrieved on: 
Thursday, August 11, 2022

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of China BOCOM Insurance Company Limited (CBIC) (Hong Kong).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of a- (Excellent) of China BOCOM Insurance Company Limited (CBIC) (Hong Kong).
  • 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 Performance Assessments, 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.

CBIC MAKES BIG ANNOUNCEMENT DURING CBIC’s CONFERENCE IN MARKHAM

Retrieved on: 
Wednesday, May 18, 2022

The announcement was made on May 4, 2022, at CBIC's press conference, held in Markham, Ontario.

Key Points: 
  • The announcement was made on May 4, 2022, at CBIC's press conference, held in Markham, Ontario.
  • CBIC is a non-profit facility offering various blockchain support services for Canadian businesses, including research, development, integrated applications, and incubation for Canadian blockchain projects.
  • In attendance were CBIC Chairman Yao Liu, CEO Tony Wang, Markham City Councillor Alan Ho, IF CAPITAL partner Bofeng Ding, Noah Digital Chairman Dr. Bin Tang and President Lena Xu, along with other distinguished guests attended the conference.
  • During the conference, CBIC presented the practicability and significance of blockchain technology, including improved security, increased speed and reduced costs for businesses.

Key Trends and Opportunities in the Brazilian Construction Market to 2025: Annual Growth of 2.3% Forecast in 2022 - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 10, 2022

The "Construction in Brazil - Key Trends and Opportunities to 2025 (Q4 2021)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Construction in Brazil - Key Trends and Opportunities to 2025 (Q4 2021)" report has been added to ResearchAndMarkets.com's offering.
  • The Brazilian construction industry is expected to register an annual growth of 2.3% in 2022, before picking up to annual average growth of 2.8% from 2023 to 2025.
  • According to the Brazilian Chamber of Construction Industry (CBIC), the industry's output is expected to slow in 2022, due to surging inflation, rising interest rates, rising construction costs and slower economic growth.
  • It provides:
    Historical (2016-2020) and forecast (2021-2025) valuations of the construction industry in Brazil, featuring details of key growth drivers.

PCT Announces Development of Larger Proprietary System & New Generator

Retrieved on: 
Monday, December 13, 2021

PCT LTD (OTC Pink: PCTL) is pleased to announce Stuart Emmons, Executive VP-Engineering, Research & Development at PCT, has designed a new 8 cell Gen 2 generator.

Key Points: 
  • PCT LTD (OTC Pink: PCTL) is pleased to announce Stuart Emmons, Executive VP-Engineering, Research & Development at PCT, has designed a new 8 cell Gen 2 generator.
  • This new generator will double the size of our current largest 4 cell generator while keeping the same footprint.
  • PCTL is continuing expansion into the oil and gas sector with our new 8 cell generator coupled with NanoGas Technologies nanobubble generator.
  • Prior to this, the company was using a third-party generator during proof-of-concept field trials at the Grassy Creek while our new system was being developed.

RLI Announces Promotion of Brian A. Schick to Vice President, Surety and Thomas J. Ward to Vice President, Risk Services

Retrieved on: 
Friday, December 10, 2021

Brian A. Schick, Vice President, Contract Surety has been promoted to Vice President, Surety.

Key Points: 
  • Brian A. Schick, Vice President, Contract Surety has been promoted to Vice President, Surety.
  • He was promoted to Assistant Vice President, Contract Surety in 2013 and Vice President, Contract Surety in 2019.
  • Ward, Assistant Vice President, Risk Services has been promoted to Vice President, Risk Services.
  • He was promoted to Director, Risk Services in 2007, and then to Assistant Vice President, Risk Services in 2009.

International Forum Hosted by Apex-Brasil, CBIC, and GRI to Showcase Opportunities in Brazilian Real Estate

Retrieved on: 
Tuesday, December 7, 2021

Key speakers at the event, which is open to the media, will include prominent government officials including U.S.

Key Points: 
  • Key speakers at the event, which is open to the media, will include prominent government officials including U.S.
  • "We are looking forward to gathering key stakeholders and decision-makers in Miami this week to talk about the many opportunities that exist in the Brazilian real estate market," said Lucas Fiuza, Business Director at Apex-Brasil.
  • This event will also mark the start of Apex-Brasil's focus on real estate as a key priority sector.
  • The organization will play a more pronounced role in promoting and facilitating Brazilian real estate investments in the future through roadshows and other events around the world.