HONG KONG, May 29 (Bernama-BUSINESS WIRE) -- A.M. Best has downgraded the Financial Strength Rating to A (Excellent) from A+ (Superior) and the Long-Term Issuer Credit Rating to “a+” from “aa-” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiary, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ). The outlook of these Credit Ratings (ratings) is stable.
The rating downgrades reflect a business profile that is not comparable to similarly rated peers, which are large global reinsurance companies. Although Toa Re has a strong relationship with the major cedants in Japan, which also are its major shareholders, the company’s profile in the global reinsurance market is not strong enough to support the current ratings. Moreover, the company is faced with weak growth prospects in its domestic market. Toa Re maintains strong risk-adjusted capitalization, owing to improved profitability in recent years and conservative risk management. The company has improved its business diversification through its life/health reinsurance segments and overseas reinsurance segments over the past five years, which has helped stabilize its performance and support overall business position. Also, Toa Re has tightly controlled risk exposures – catastrophe risks in particular – during this period, which was demonstrated by the stability of recent results despite the impact from the Kumamoto earthquake and the Fort McMurray wildfire in 2016. A partially offsetting rating factor is Toa Re’s volatile performance track record. Although performance improved in 2016, the company’s weak growth outlook in its domestic market and the sustained intense competition in the overseas reinsurance market will put pressure on performance. mrem.bernama.com/viewsm.php?idm=29243
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SYDNEY & BROOKFIELD, Wis., May 30 (Bernama-BUSINESS WIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, today announced that Bank of Sydney will work with Fiserv to provide its consumer and small business customers with enhanced digital banking capabilities. The bank will implement DigitalAccess from Fiserv, an end-to-end solution hosted in a cloud environment, to support all online and mobile applications, infrastructure, and services offered by Bank of Sydney.
http://mrem.bernama.com/viewsm.php?idm=29247 KUALA LUMPUR, May 29 (Bernama) -- ProphetStor Data Services, Inc., the leader in software-defined storage (SDS) and data services solutions, in collaboration with Innovix Distribution (Innovix) used solutions from Hewlett Packard Enterprise (HPE) to develop an effective and reliable new data security system to combat ransomware. The data security system is now available, and aims to combat ransomware and help enterprises avoid suffering heavy losses in revenue over the years.
The ProphetStor DR Prophet Software-Defined Data Protection is a powerful anti-ransomware software with the ability to recover any file, folder, disk and even entire servers from being hijacked or stolen and restore them to the original state. This new innovative software is powered by the robust and cost-effective HPE ProLiant ML10 Gen9 server and HPE ProLiant ML30 Gen9 server, which enables cost-conscious customers to reap the benefits from an all-in-one solution bundle. mrem.bernama.com/viewsm.php?idm=29241 HONDA LAUNCHES "LOVE CUB SNAP" PHOTO PROJECT TO BRING SUPER CUB LOVERS WORLDWIDE TOGETHER27/5/2017 TOKYO, May 26, 2017 /Kyodo JBN-AsiaNet/ --
Honda Motor Co., Ltd. (http://world.honda.com/) launched on Friday, May 26, its "Love Cub Snap" website, a project dedicated to bringing together Super Cub lovers from every region and all ages through photographs. Love Cub Snap website: https://lovecubsnap.honda.co.jp/en/ By customers uploading photographs of themselves with their Super Cubs to the website, Super Cub fans from all over the world will appear linked to other fans by their Super Cubs' wheels. The photographs will be shown as a gallery on the website. http://mrem.bernama.com/viewsm.php?idm=29232 NEW YORK & SINGAPORE, May 26 (Bernama-BUSINESS WIRE) -- Time Inc. (NYSE: TIME) and DesignSingapore Council (Dsg) announce the editorial leadership and the formation of a Global Advisory Council of business leaders and design experts to give counsel, propose the format, and recommend content for Brainstorm Design 2018. The conference is scheduled to occur during Singapore Design Week on March 6-8, 2018. The event will bring together global thought leaders in design and business to share insights and strategies for design innovation. Brainstorm Design is supported by the Singapore Economic Development Board (EDB).
Time Inc. has named Clay Chandler Editorial Director of Brainstorm Design, in addition to his current position as Executive Editor, Time Inc. International. In his new role, Chandler oversees programming, marketing, and the coordination of collaboration among Time Inc. brands for Brainstorm Design. Renowned designer Tom Dixon will serve as the event’s inaugural guest Creative Director. The Global Advisory Council will include Dixon; architect and designer Thomas Heatherwick; DesignSingapore Council Executive Director Agnes Kwek; PepsiCo Chief Design Officer Mauro Porcini; artist and innovator Daan Roosegaarde; architect Ole Scheeren; and architect and designer Patricia Urquiola. The Global Advisory Council will expand in the coming weeks, with additions from both the business and design communities. http://mrem.bernama.com/viewsm.php?idm=29231 SYNECTICS WINS AIRPORT OPERATIONAL COMMAND AND CONTROL CENTER CONTRACT FOR JAKARTA AIRPORT26/5/2017 SHEFFIELD, England, May 26 (Bernama-BUSINESS WIRE) -- Global surveillance solutions expert Synectics is to design an integrated end-to-end solution for the new Airport Operational Command & Control Center (AOCC) at Jakarta's Soekarno-Hatta International Airport, the busiest airport in the southern hemisphere.
The state-of-the-art AOCC is designed to enable stakeholders, including airlines, the ability to manage all aspects of operations at Soekarno-Hatta's Terminals 1 and 2 ‒ spanning airside, landside and ground access. With Synergy 3 command and control software at its core, the solution developed by Synectics facilitates this by enabling third-party alarms and events, security and process control sub-systems, video, and data to be monitored, recorded, and managed from a single, unified platform, delivering complete situational awareness across all aspects of terminal operations. Systems integration, as part of the AOCC solution, will include cameras, access control, fire alarms, facilities management, building management, the airport operational database (AODB) and intelligent video analytics (IVA). Synergy 3's customizable user interface and user-driven dynamic workflows also ensure compliance with the AP-II Standard Operating Procedures (SOPs), making the solution perfect for supporting rapid and informed decision making in airport management environments. The AOCC project will have access to dedicated local resources, supplied through Synectics' regional office in Singapore, for activities such as commissioning, technical and after sales support. The global surveillance specialist has been working with systems integrator Jaya Teknik, and airport operator PT. Angkasa Pura II - (AP II) since 2015, with the initial project for Soekarno-Hatta's Terminal 3 Ultimate, which served its inaugural international flight in May this year. Synectics was originally commissioned to develop an integrated solution that would allow PT. Angkasa Pura II - (AP II) to monitor and manage more than 6,000 integrated safety and security edge devices from a range of sub-systems at the terminal; including cameras, access control panels, fire alarm points, baggage x-ray scanners and intelligent video analytics. Linda Hadi, Director at Jaya Teknik ICT Division, said: "Having worked with Synectics on the integrated security management solution for Terminal 3 Ultimate, we had no hesitation in collaborating with them to develop a dedicated system for the new AOCC covering Terminals 1 and 2. "Synectics has a real understanding of how airports work and the key parameters for ensuring a positive passenger experience. More importantly, they understand how innovative technology can alleviate those pressures and support safe, secure and efficient operations." This contract reflects Synectics' growing reputation within the global transport industry for both infrastructure and on-vehicle safety and security. In addition to protecting major global airport facilities, Synectics' solutions monitor one of the world's largest metro systems and globally protect over 3 billion passengers every year. Greg Alcorn, Synectics Divisional Director – Transport & Infrastructure, commented: "Developing trusted relationships based on a deep understanding of sector and customer needs is the cornerstone of our business proposition, so we are delighted to be able to strengthen our partnership with Jaya Teknik and Soekarno-Hatta with this latest project." Contacts Synectics Claire Evans +44(0)1616943979 [email protected] Source: Synectics KUALA LUMPUR, May 24 (Bernama) -- THE Social Market was abuzz with activity, and many of which were busy enjoying the scrumptious food, or looking for gifts for their loved ones. It was indeed a success, as Selangor Dredging Berhad hosted an event to collaborate with social enterprises at the inaugural The Social Market.
Held last Friday, The Social Market was open from 11am to 3pm at the Courtyard of Wisma Selangor Dredging. There were 10 vendors operating different stalls supporting the less privileged communities in Malaysia. Working with women from low-income groups, Batik Boutique creates artisanal gifts and fashion accessories made from hand-woven batik. Greenyards meanwhile, provides alternative channels for the local community to dispose their used cooking oil and subsequently reprocesses the oil into eco-friendly soaps, washing powder and aromatic candles. The Good Shop collaborates with different social and cultural enterprises, and brings together a large and varied collection of products. Besides their best-selling durian jam, one can also look out for their lovely plush toys and children’s storybooks – all created by the marginalized communities. Serving delicious smoothies, One-Two-Juice is a green smoothies bar pioneered by Selangor Dredging Berhad’s corporate social responsibility (CSR) programme. Delicious local bites like vegetarian dumplings and crème puffs could be purchased from Coffee Sprex, who works with employees from the hearing and speech impaired communities. Amongst the many vendors were also Jabatan Kemajuan Orang Asli (JAKOA) which sold crafts handmade by the indigenous Orang Asli communities. The best seller had to be The Nasi Lemak Project which cultivates poor families to be small Nasi Lemak and food enterprise sellers -through a micro-franchise model. “It is great to be able to see different social enterprises come together for a good cause. Selangor Dredging Berhad is committed to supporting Social Enterprises as we believe in promoting both social and environmental causes to the larger community. I am delighted that that we successfully collaborated in this event and look forward to possible collaborations in the future. said Ms. Teh Lip Kim, Managing Director of Selangor Dredging Berhad. mrem.bernama.com/viewsm.php?idm=29204 TOKYO, May 25 (Bernama-BUSINESS WIRE) -- SAISON INFORMATION SYSTEMS CO., LTD. (Headquarters: Toshima-ku, Tokyo; President: Kazuhiro Uchida; hereafter “SAISON INFORMATION SYSTEMS”) has today announced that HULFT now holds the second-largest worldwide sales share (*1) according to All Enterprise Software Market Share (Managed File Transfer Suites Segment), Worldwide, 2016, a report of the survey on the managed file transfer (MFT) (*2) market published by Gartner Inc. Sold and supplied by SAISON INFORMATION SYSTEMS, HULFT already holds the largest market share in the domestic market (*3) and in the Asian market (*4).
http://mrem.bernama.com/viewsm.php?idm=29216 Empowers publishers to balance header bidding integration mix with enterprise management capabilities
REDWOOD CITY, Calif., May 25 (Bernama-BUSINESS WIRE) -- PubMatic, the automation solutions company for an open digital media industry, today announced further expansion of its OpenWrap product, now the industry’s first free and fully-supported hybrid wrapper solution. Extending the most widely used open-source container script, Prebid.js, OpenWrap optimizes a publisher’s integration mix of client- and server-side demand to future-proof their ad decisioning strategies. “Publishers no longer need to choose between growing monetization today with client-side integrations and preparing for a future where auctions will transition to the server-side,” said Evan Simeone, SVP of product management, PubMatic. “By extending the leading open-source code, Prebid.js, which has access to over 70 demand partners and hundreds of DSPs, OpenWrap now provides publishers with the broadest access to demand in market while eliminating the need for them to make tradeoffs. To ensure future success, publishers must be able to effectively optimize their header bidding integrations to help maximize revenue and simplify partner management.” mrem.bernama.com/viewsm.php?idm=29213 |
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