ECRC

AM Best Revises Outlooks to Positive for East Caribbean Reinsurance Company Limited

Retrieved on: 
Wednesday, January 10, 2024
Insurance, Professional Services, TDC Holding A/S, Credit, ALL, Hurricane Maria, Risk, Investment, Movement, Risk management, ECRC, News, AM Best, Growth, Reinsurance

The positive outlooks reflect ECRC’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR).

Key Points: 
  • The positive outlooks reflect ECRC’s strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR).
  • The organization was materially impacted by Hurricane Maria in fiscal year 2018, which prompted it to significantly lower its retention level.
  • Since then, ECRC has grown capital and surplus annually through favorable net earnings, despite occasional dividend payments to its parent entity, TDC Group Limited (TDC Group).
  • 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 TDC Insurance Company Limited

Retrieved on: 
Wednesday, January 10, 2024
Insurance, Professional Services, TDC Holding A/S, Credit, ALL, Risk, ERM, Investment, Risk management, ECRC, News, AM Best

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of TDC Insurance Company Limited (TDCIC) (St. Kitts and Nevis).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of TDC Insurance Company Limited (TDCIC) (St. Kitts and Nevis).
  • TDCIC’s capital and surplus growth has come despite occasional dividend payments to its parent entity, TDC Group Limited (TDC Group).
  • 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 .

MilliporeSigma to Become First Provider to Offer Fully Integrated mRNA Services

Retrieved on: 
Tuesday, September 26, 2023
GMP, Sigma-Aldrich, Körber Process Solutions, Lipid, Cancer, Believer, Max, Merck Group, ECRC, Research, Experiment, Messenger, Molecular medicine, Helmholtz Association, Mab, Growth, Merck, Spacecraft, LNP, A-DNA, Muscular dystrophy, Vaccine, Pharmaceutical industry, BURLINGTON

The company today opened two new GMP-grade mRNA drug substance manufacturing sites in Darmstadt and Hamburg, Germany.

Key Points: 
  • The company today opened two new GMP-grade mRNA drug substance manufacturing sites in Darmstadt and Hamburg, Germany.
  • "We are now the first CTDMO to streamline the entire mRNA process for our clients."
  • MilliporeSigma also offers differentiated PCR-based technology for clinical and commercial mRNA manufacturing, providing clients with high-quality mRNA.
  • Its unique combination of mRNA expertise, technologies, regulatory knowledge, and product portfolios streamlines mRNA manufacturing and testing.

KAUST and Cerebras Named Gordon Bell Award Finalist for Solving Multi-Dimensional Seismic Processing at Record-Breaking Speeds

Retrieved on: 
Wednesday, September 20, 2023
Technology, Other Energy, Energy, Professional Services, Artificial Intelligence, Other Science, University, Environment, Other Technology, Research, Software, Education, Data Analytics, Science, PB, Graphics processing unit, Communication, Partnership, Engineering, Seismology, Environmental science, 3D, Geology, NGC 6872, ECRC, Gordon Bell Prize, Condor, MDD, Collection, CPU, SRAM, HPC, Extreme, KAUST, Architecture, Climate, Weather, Lawrence Berkeley National Laboratory, Memory, CO2, G42, GPU, Computer data storage, Frontier, Earth, Cerebras

“In partnership with KAUST researchers, we are honored to be recognized by Gordon Bell for setting a new record in what is possible for multi-dimensional seismic processing.

Key Points: 
  • “In partnership with KAUST researchers, we are honored to be recognized by Gordon Bell for setting a new record in what is possible for multi-dimensional seismic processing.
  • Modern seismic processing techniques are computationally challenging because they require repeated access to the entire collection of multi-dimensional data.
  • The work conducted by KAUST and Cerebras validates the Cerebras CS-2 as a viable alternative that can achieve record-breaking performance for historically memory-bound applications.
  • More information on this multi-dimensional seismic processing workload can be found at https://repository.kaust.edu.sa/handle/10754/694388 .

AM Best Affirms Credit Ratings of East Caribbean Reinsurance Company Limited

Retrieved on: 
Thursday, December 15, 2022
Insurance, Professional Services, Credit, AM Best, ECRC, AM, ALL, Organization, News, Insurance, Environment, Good, Tourism, Risk management, Risk, Reinsurance

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of bbb- (Good) of East Caribbean Reinsurance Company Limited (ECRC) (Anguilla).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of bbb- (Good) of East Caribbean Reinsurance Company Limited (ECRC) (Anguilla).
  • The ratings reflect ECRCs balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
  • 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 Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

KAUST Selects HPE to Build the Middle East’s Most Powerful Supercomputer

Retrieved on: 
Monday, September 26, 2022
University, Data Management, Education, Technology, Manufacturing, Research, Software, Networks, Engineering, Science, Hardware, Cloud, Storage, KAUST, NVIDIA, Shaheen-III, Â, Learning, Environment, Exascale computing, Computing, Climate, Research, Graphics processing unit, GPU, HPC, Cray, Adoption, Vision 2030, King Abdullah University of Science and Technology, Organization, Central processing unit, III, Shahin, Student, Work, Natural language processing, Science, Food, Computational chemistry, ECRC, II, Memory, NYSE, Computer scientist, Senior, Mathematics, HPE, CEO, Biology, AMD EPYC, Artificial intelligence, Water, Hewlett Packard Enterprise, Health, Faculty, Engineering, Publication, Deep learning, Economic development, Solution, General manager, AMD, University, Medical device, Video game console, Management, Pharmaceutical industry, Renewable energy, Technology, Software, AI

Shaheen III, set to be 20 times faster than KAUSTs existing system, will be the most powerful supercomputer in the Middle East to address critical areas that have a societal and environmental impact.

Key Points: 
  • Shaheen III, set to be 20 times faster than KAUSTs existing system, will be the most powerful supercomputer in the Middle East to address critical areas that have a societal and environmental impact.
  • Shaheen III will be built using the HPE Cray EX supercomputer, a next-generation platform architected to support unprecedented performance and scale, including achieving exaflop speed.
  • With the Shaheen III design, HPE is further fueling KAUSTs AI-at-scale mission by integrating the HPE Machine Learning Development Environment, an optimized software stack for model training and development.
  • KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world.

AM Best Affirms Credit Ratings of East Caribbean Reinsurance Company Limited

Retrieved on: 
Thursday, December 2, 2021
Finance, Consulting, Banking, Professional Services, Insurance, ST, Organization, News, Insurance, Credit, Tourism, Data, Industry, ECRC, AM Best, Risk management, Solution, ALL, AM, Risk, Good, Growth

AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of bbb- (Good) of East Caribbean Reinsurance Company Limited (ECRC) (Anguilla).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of bbb- (Good) of East Caribbean Reinsurance Company Limited (ECRC) (Anguilla).
  • ECRC continues to provide reinsurance solutions to the St. Kitts-Nevis-Anguilla Trading and Development Company Limited, the majority owner, and increasingly to other insurance companies operating in the Organization of Eastern Caribbean States.
  • 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 .

Catherine Hershey Schools for Early Learning Breaks Ground on its First Cost-Free Early Childhood Resource Center in Derry Township

Retrieved on: 
Wednesday, November 10, 2021
CTE, Flower, Learning, Senator Alexander, Volunteering, Vocational education, Today, MHS, Student, Education, Human resources, Transport, Recruitment, ECRC, Income, CHS, Multimedia, Curriculum, Milton Hershey School, Strategic partnership, Katherine, Center, Soil, Seed, Senate, Management, Tutoring

HERSHEY, Pa., Nov. 10, 2021 /PRNewswire/ -- Catherine Hershey Schools for Early Learning (CHS) held a groundbreaking ceremony for CHS Hershey, the first of its Early Childhood Resource Centers (ECRC) in Pennsylvania.

Key Points: 
  • HERSHEY, Pa., Nov. 10, 2021 /PRNewswire/ -- Catherine Hershey Schools for Early Learning (CHS) held a groundbreaking ceremony for CHS Hershey, the first of its Early Childhood Resource Centers (ECRC) in Pennsylvania.
  • "Today marks a significant milestone as we build on Catherine and Milton Hershey's legacy," said Senate Alexander, Executive Director of CHS.
  • CHS Hershey will provide a core early learning program for 150 students from birth to age 5 from economically disadvantaged and at-risk backgrounds.
  • Appropriately, the historic groundbreaking took place during Milton Hershey School's Founders Week , which celebrates the anniversary of Milton and Catherine Hershey establishing MHS 112 years ago.

Catherine Hershey Schools for Early Learning Announces Harrisburg Location for its Second Cost-Free Early Childhood Resource Center

Retrieved on: 
Thursday, September 16, 2021
School, Income, Education, Milton Hershey School, Board, Center, CHS, ECRC, Transport, Senate, Multimedia, Curriculum, Volunteering, Research, Senator Alexander, Student, Tutoring

HERSHEY, Pa., Sept. 16, 2021 /PRNewswire/ --Catherine Hershey Schools for Early Learning (CHS) has announced that it plans to build its second Early Childhood Resource Center (ECRC) in the Midtown neighborhood of Harrisburg, Pennsylvania, at the intersection of North 6th and Muench Streets.

Key Points: 
  • HERSHEY, Pa., Sept. 16, 2021 /PRNewswire/ --Catherine Hershey Schools for Early Learning (CHS) has announced that it plans to build its second Early Childhood Resource Center (ECRC) in the Midtown neighborhood of Harrisburg, Pennsylvania, at the intersection of North 6th and Muench Streets.
  • This Harrisburg location, as well as all CHS centers, will provide a core early learning program with a curriculum designed to enhance students' educational, social, emotional, and cognitive development.
  • "We are thrilled to expand our early childhood education initiative to Harrisburg to serve more children and families in need," said Senate Alexander, Executive Director of Catherine Hershey Schools for Early Learning.
  • Catherine Hershey Schools for Early Learning will provide a cost-free educational, social, and cognitive program to children from birth to age 5 from economically disadvantaged and at-risk backgrounds, through the initial development of up to six Early Childhood Resource Centers across Pennsylvania.