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AM Best Affirms Credit Ratings of Orion Reinsurance (Bermuda) Ltd.
MEXICO CITY--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Orion Reinsurance (Bermuda) Ltd. (Orion Re) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Orion Re’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings also re...
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AM Best Afirma Calificaciones Crediticias de Orion Reinsurance (Bermuda) Ltd.
CIUDAD DE MÉXICO--(BUSINESS WIRE)--AM Best ha afirmado la Calificación de Fortaleza Financiera (FSR, por sus siglas en inglés) de B+ (Buena) y la Calificación Crediticia de Emisor (ICR, por sus siglas en inglés) de Largo Plazo de “bbb-” (Buena) de Orion Reinsurance (Bermuda) Ltd. (Orion Re) (Hamilton, Bermudas). La perspectiva de estas Calificaciones Crediticias (calificaciones) es estable. Las calificaciones de Orion Re reflejan la fortaleza de su balance, la cual AM Best evalúa como fuerte, a...
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AM Best Affirms Credit Ratings of Prudential Financial, Inc. and Its Life/Health Subsidiaries
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the life/health insurance subsidiaries of Prudential Financial, Inc. (PFI) (Newark, NJ) [NYSE: PRU], collectively referred to as Prudential. Concurrently, AM Best has affirmed the Long-Term ICR of “a-” (Excellent) of PFI and all Long- and Short-Term Issue Credit Ratings (Long-Term IR; Short-Term IR) of the group....
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AM Best Places Credit Ratings of Hanover Fire & Casualty Insurance Company Under Review With Negative Implications
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with negative implications the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” (Good) of Hanover Fire & Casualty Insurance Company (Hanover) (King of Prussia, PA). Hanover, a Pennsylvania-domiciled insurer, provides predominantly personal property lines of business including fire and other liability, burglary/theft, allied lines and homeowners. The company is being acquired by Mid-Hudson...
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Rapid Medical™’s DISTALS Trial Overwhelmingly Positive, Demonstrating Superior Reperfusion with TIGERTRIEVER™ 13 in Medium Vessel Stroke
NEW ORLEANS & YOKNEAM, Israel--(BUSINESS WIRE)--Rapid Medical announces DISTALS trial results showing TIGERTRIEVER 13 achieved superior brain reperfusion with strong safety in MVO ischemic stroke....
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Sphere Entertainment Co. to Host Fourth Quarter and Year-End 2025 Conference Call
NEW YORK--(BUSINESS WIRE)--Sphere Entertainment Co. (NYSE: SPHR) will host a conference call to discuss results for its fourth quarter and full-year ended December 31, 2025 on Thursday, February 12, 2026 at 10:00 a.m. Eastern Time. The Company will issue a press release reporting its results prior to the market opening. To participate via telephone, please dial 888-800-3155 with the conference ID number 8089430 approximately 10 minutes prior to the call. The call will also be available via webc...
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INVESTOR DEADLINE: Former Smartsheet Inc. (SMAR) Shareholders with Substantial Holdings Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces
SAN DIEGO--(BUSINESS WIRE)--The Smartsheet class action alleges that former shareholders approved the company's Merger and received an unfair price due to a misleading Proxy....
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Covenant Raises over $1.1 Billion for 12th Value-Add Fund, Affordable Housing Sidecar
NASHVILLE, Tenn.--(BUSINESS WIRE)--Covenant Capital Group (“Covenant”), a leading value-add multifamily real estate investment firm, today announced the final close of Covenant Apartment Fund XII, L.P. (“Fund XII”) with $860.35 million in capital commitments—the largest fundraise in the firm’s 25-year history. In addition, Covenant created a sidecar vehicle for Fund XII, the Covenant Affordable Housing Fund, with $269.73 million in committed capital. The combined capital raised by Covenant for...
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ŌURA Named Official Wearable of Team USA and LA28 Olympic and Paralympic Games
SAN FRANCISCO--(BUSINESS WIRE)--ŌURA, maker of the world’s leading smart ring, Oura Ring, today announced a strategic partnership as the Official Wearable of Team USA and the LA28 Olympic & Paralympic Games. As Team USA and LA28’s exclusive provider in the category of continuous health and fitness tracking devices, ŌURA will support U.S. Olympic and Paralympic athletes from both the 2026 and 2028 Games and will provide them with an Oura Ring to help manage their athletic performance, recove...
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Triple-I: Lloyd’s Marketplace Underscores Importance to U.S. Economy as Risks Intensify
MALVERN, Pa.--(BUSINESS WIRE)--Lloyd’s insurance marketplace is reinforcing the need to address emerging threats, according to Triple-I's latest issues brief....