ACIA

AM Best Revises Outlooks to Negative for Members of Auto Club Group; Affirms Credit Ratings of Auto Club Florida Group’s Members

Retrieved on: 
Thursday, April 11, 2024
Professional Services, Insurance, Finance, News, ACG, Credit, ACIA, AM Best, Parent, ERM, Car club, ALL, Calendar, Growth, FSR

Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of Auto Club Insurance Company of Florida (ACICF) and Auto Club South Insurance Company (ACSIC).

Key Points: 
  • Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) of Auto Club Insurance Company of Florida (ACICF) and Auto Club South Insurance Company (ACSIC).
  • Together these companies form Auto Club Florida Group (Auto Club Florida) (both are domiciled in Tampa, FL).
  • The outlook of these Credit Ratings (ratings) is negative.
  • The ratings of Auto Club Florida also consider AM Best’s assessment of the financial support afforded by its ownership group.

Canadian Institute of Actuaries Highlights Direct Link Between Education and Longevity

Retrieved on: 
Tuesday, March 5, 2024
CIA, ACIA, Statistics, Life expectancy, Education, Risk management, Audit

But recent studies say that education is now a bigger factor than wealth."

Key Points: 
  • But recent studies say that education is now a bigger factor than wealth."
  • The CIA has published its latest insight statement, Education and Longevity , prepared by CIA members Peter Gorham (FCIA), Jie (Jessica) Ji (FCIA) and Shantel Aris (ACIA).
  • Key highlights of Education and Longevity include:
    The statement is available in English and French on the CIA's website.
  • The Canadian Institute of Actuaries (CIA) is the qualifying and governing body of the actuarial profession in Canada.

Aon Digital Transformation Strategy Analysis Report 2023: Innovation Programs, Technology Initiatives, Estimated ICT Budgets, and Major ICT Contracts

Retrieved on: 
Thursday, January 25, 2024
Quotient, Aviation, Affinity, Natural language processing, Social media, Health, ACIA, Policy, NLP, Insurance, Mining, Innovation, AI, Data, Risk, ICT, Acquisition, Tableau, Transport, Accenture, Retirement, Machine learning, Grande Prairie Airport, Internet of things, Plug and play, Retail

DUBLIN, Jan. 24, 2024 /PRNewswire/ -- The "Aon - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 24, 2024 /PRNewswire/ -- The "Aon - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.
  • This report provides insight into Aon's digital strategies, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • Aon launched New Ventures Group in 2019 to further accelerate innovations that deliver value to its clients.
  • Plug and Play Insurtech is a 12-week innovation program that brings innovative startups and the largest insurers into one innovation platform.

ACIA Aero Leasing Enlists Mark Dunnachie to Bolster Lessor’s Market Position

Retrieved on: 
Tuesday, September 19, 2023
ECC, Jimmy Dunnachie, ACIA, Senior, Marketing, Head, Air International, AIR, BAE Systems, Pedigree, Growth, Commercial, BAE, ATR, Airline, Management, Embraer

DUBLIN, Ireland, Sept. 19, 2023 (GLOBE NEWSWIRE) -- ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services and solutions, announced today the addition of Mark Dunnachie to the company’s commercial team as Senior Vice President, Commercial.

Key Points: 
  • DUBLIN, Ireland, Sept. 19, 2023 (GLOBE NEWSWIRE) -- ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services and solutions, announced today the addition of Mark Dunnachie to the company’s commercial team as Senior Vice President, Commercial.
  • Prior to Embraer, Dunnachie worked at BAE Systems (“BAE”) in a wide range of executive positions, covering market planning, business development, and sales.
  • ACIA has already built a strong and highly respected market position, and I look forward to working with the team to secure new market opportunities and grow the geographical footprint, particularly around the turboprop and freighter markets.
  • ACIA’s existing pedigree and reputation for excellence across a wide spectrum of solutions offers clear opportunities for further growth in the regional sector,” commented Mark Dunnachie, ACIA Aero Leasing’s newly appointed Senior Vice President, Commercial.

Canadian Institute of Actuaries launches first module in revitalized education system

Retrieved on: 
Wednesday, September 6, 2023
ACIA, Risk management, Student, Canadian Institute of Actuaries, CIA, Statistics, Education, News, Nursing

OTTAWA, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The Canadian Institute of Actuaries (CIA) marks the official start of its new education system with the release of the first content module, a major milestone in transforming the actuarial education landscape in Canada.

Key Points: 
  • OTTAWA, Sept. 06, 2023 (GLOBE NEWSWIRE) -- The Canadian Institute of Actuaries (CIA) marks the official start of its new education system with the release of the first content module, a major milestone in transforming the actuarial education landscape in Canada.
  • It embodies the CIA’s commitment to equip aspiring actuaries with an education that aligns with the evolving industry landscape.
  • “At the heart of the Institute’s mission lies the qualification of actuaries in Canada,” says Alicia Rollo, Director, Education and International Affairs at the CIA.
  • The Canadian Institute of Actuaries (CIA) is the qualifying and governing body of the actuarial profession in Canada.

New publication on managing risks related to climate, housing and long COVID

Retrieved on: 
Thursday, July 13, 2023
ACIA, Risk management, Canadian Institute of Actuaries, P&C, Statistics, CIA, News

OTTAWA, July 13, 2023 (GLOBE NEWSWIRE) -- Yesterday, the Canadian Institute of Actuaries released Enterprise Risk Management: Managing Risks in Uncertain Times.

Key Points: 
  • OTTAWA, July 13, 2023 (GLOBE NEWSWIRE) -- Yesterday, the Canadian Institute of Actuaries released Enterprise Risk Management: Managing Risks in Uncertain Times.
  • Comprised of six thought-provoking articles, this publication delves into the evolving landscape of risk management, providing invaluable insights for risk practitioners across industries.
  • “Recent years have seen the global economy facing extraordinary events, including a pandemic, an increase in geopolitical tensions and disruptions in the supply chain.
  • The Canadian Institute of Actuaries (CIA) is the qualifying and governing body of the actuarial profession in Canada.

ACIA Aero Leasing Appoints Grant Tolson as Chief Financial Officer

Retrieved on: 
Thursday, June 29, 2023
Columbia University, ACIA, BMO, RBC, BMO Capital Markets, Duke University, RBC Capital Markets, BNP Paribas, Business administration, Master of International Affairs, Tolson, Citigroup, International business, Airline, Management

DUBLIN, Ireland, June 29, 2023 (GLOBE NEWSWIRE) -- ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced today the appointment of Grant Tolson as the company’s new Chief Financial Officer.

Key Points: 
  • DUBLIN, Ireland, June 29, 2023 (GLOBE NEWSWIRE) -- ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced today the appointment of Grant Tolson as the company’s new Chief Financial Officer.
  • Tolson will take the lead of the lessor’s financial initiatives, supporting ongoing efforts to expand the scale and reach of its market-leading platform.
  • “Grant brings a wealth of experience, notably in terms of capital management and complex transactions, as well as strategic acumen and deep knowledge of the financial markets, which will be of great benefit to ACIA as we continue to expand globally," said Mick Mooney, Chief Executive Officer of ACIA Aero Leasing.
  • "I am very excited to be joining ACIA, which has earned its reputation in the global aircraft leasing community as a company with great market leadership, stellar growth prospects, and unparalleled service to clients,” commented Grant Tolson, ACIA Aero Leasing’s newly appointed Chief Financial Officer.

ACIA Aero Leasing Adds First Australian Customer with Lease of Two ATR 72-500 Aircraft to Aerlink

Retrieved on: 
Thursday, March 30, 2023
Finance, Air, Transport, Banking, Professional Services, Aerospace, Manufacturing, Transportation, Logistics, Supply Chain Management, Travel, Government, ACIA, ATR 72, ATR 42, Air travel, ATR, Airline

ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced today the delivery of the first of two ATR 72-500 aircraft to Australian charter operator Aerlink Pty Limited (“Aerlink”), formerly commercially known as Hevilift Australia Fixed Wing.

Key Points: 
  • ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced today the delivery of the first of two ATR 72-500 aircraft to Australian charter operator Aerlink Pty Limited (“Aerlink”), formerly commercially known as Hevilift Australia Fixed Wing.
  • The airline took delivery of the first ATR 72-500 in January 2023, with the second aircraft expected to arrive before the end of the first quarter.
  • “As Australia’s recovery in the air travel industry continues apace, notably in the rapid-growth regional segment where the ATR 72 is the optimal aircraft, it is a pivotal moment for Aerlink to optimize its fleet with the addition of these ATR 72s,” said Elze Le Roux, ACIA Aero Leasing’s SVP, Leasing & Customer Relationships.
  • We’re excited to be entering the Australian market with such a top-caliber operator as we continue to build out ACIA’s footprint throughout the region.”

AM Best Downgrades Credit Ratings of Auto Club Florida Group’s Members; Affirms Credit Ratings of Auto Club Group’s Members

Retrieved on: 
Thursday, March 9, 2023
Professional Services, Insurance, Finance, AM Best, ERM, ACG, FSR, News, Long-term care insurance, Growth, ALL, ACIA, Credit, Calendar, Car club, AM, Risk management, Dearborn

Together these companies form Auto Club Florida Group (Auto Club Florida) and are domiciled in Tampa, FL.

Key Points: 
  • Together these companies form Auto Club Florida Group (Auto Club Florida) and are domiciled in Tampa, FL.
  • The outlook of these Credit Ratings (ratings) has been revised to negative from stable.
  • Despite recent parental capital contributions, the rating downgrades of Auto Club Florida reflect its weakened balance sheet strength following recent storm loss activity.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

ACIA Aero Leasing Enters Canadian Market with Lease of One ATR 72-500 Bulk Freighter to Canadian North

Retrieved on: 
Tuesday, March 7, 2023
Aerospace, Manufacturing, Logistics, Supply Chain Management, Air, Transport, ATR, Growth, ACIA, Airline

ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced on the sidelines of the ISTAT Americas conference that the lessor has leased its first aircraft to a Canada-based airline customer.

Key Points: 
  • ACIA Aero Leasing (“ACIA”), a leading provider of regional aircraft leasing and lease management services, announced on the sidelines of the ISTAT Americas conference that the lessor has leased its first aircraft to a Canada-based airline customer.
  • Bradley Air Services Limited, commercially known as Canadian North, took delivery of one ATR 72-500 (“ATR 72F”) Bulk Freighter from the lessor in January 2023.
  • “Canadian North is a world-class operator, and we are delighted to welcome them to our growing customer family,” said Elze Le Roux, ACIA Aero Leasing’s SVP, Leasing & Customer Relationships.
  • “There is a robust demand for the ATR 72F in the market, particularly configured with the IPR Conversions kit.