Electrolux Group has unveiled a fully underwritten rights issue of SEK 9,062 million to bolster its growth initiatives and strengthen its financial standing.

A county commissioner said St. Mary's County secured a third consecutive triple-A bond rating, citing positive assessments from major rating agencies and steady reserve levels that officials say underpin the county's fiscal stability.

KUALA LUMPUR, Aug 23 (Bernama) — Tabung Haji’s (TH) asset quality and its profit source should be among the key metrics in assessing the institution’s financial strength, aside from the hibah (profit) distribution, according to an economist. Associate Prof Dr Abdul Rahim Ridzuan, a lecturer at Universiti Teknologi MARA’s (UiTM) Faculty of Business and Management, said focus should also be on the sources of TH’s earnings — specifically, whether they are backed by strong asset performance or driven by temporary factors. “Don’t just ask, ‘how much is the hibah?’ but also ask, ‘Where does the profit come from, how sustainable […]

Program set for 2025 to 2026 reflects confidence in financial strength and commitment to shareholder value amid industry challenges

Program set for 2025 to 2026 reflects confidence in financial strength and commitment to shareholder value amid industry challenges

YouTube video by NYC Mayor's Office

Olmsted County maintains AAA bond rating, highlighting robust economy and sound financial management.

KUALA LUMPUR, June 12 (Bernama) — Global credit rating agency, AM Best has assigned a financial strength rating of A- (Excellent) and a long-term issuer credit rating of “a-” (Excellent) to Hong Kong’s SAIC Motor Insurance Limited (SAIC Captive). The outlook assigned to these credit ratings (ratings) is stable, reflecting SAIC Captive’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. Established in 2025, SAIC Captive is a single-parent captive of SAIC Motor Corporation Limited (SAIC Motor), the largest state-owned motor manufacturer in China, […]

KUALA LUMPUR, March 24 (Bernama) — AM Best has affirmed Australia’s Pacific International Insurance Pty Limited (Pacific) financial strength rating of B++ (Good) and the long-term issuer credit rating of “bbb” (Good), with a stable outlook. The credit ratings (ratings) reflect Pacific’s strong balance sheet, adequate operating performance, limited business profile, and appropriate enterprise risk management (ERM). The assessment also factors in a neutral impact from its ultimate owner, Badger Mutual Wealth (Pty) Ltd, an insurance group domiciled in South Africa. In a statement, AM Best said it upgraded Pacific’s balance sheet strength from adequate to strong, reflecting risk-adjusted capitalisation […]

Officials from the Alaska International Airport System told the DOT Finance Subcommittee that Anchorage and Fairbanks remain financially strong, outlined plans for eight new cargo hard stands (phased 2029–2031) and said fuel supply strains have eased after a temporary Jones Act waiver, though they will continue to monitor deliveries and supply-chain risks.