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Category: Business Finance

Best’s Market Segment Report: AM Best Assigns Stable Outlook on New Zealand’s Life Insurance Segment

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SINGAPORE–BUSINESS WIRE– AM Best is assigning a stable outlook on the New Zealand life insurance segment, citing robust capital adequacy, in addition to improved market discipline driven by regulatory refinements designed to strengthen financial conduct. The Best’s Market Segment Report, “Market Segment Outlook: New Zealand Life Insurance,” also notes technology investments within the segment have … Continued

Best’s Market Segment Report: AM Best Maintains Stable Outlook on New Zealand’s Non-Life Insurance Segment

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SINGAPORE–BUSINESS WIRE– AM Best is maintaining a stable outlook on the New Zealand non-life insurance segment, citing solid premium growth supported by rate adjustments, particularly in the property, motor and commercial segments, despite a challenging economic environment. The Best’s Market Segment Report, “Market Segment Outlook: New Zealand Non-Life Insurance,” also notes positive factors such as … Continued

Monsha’at: Biban24 fuels regional SME growth and development with landmark agreements worth over SAR 35 billion launched during exhibition

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RIYADH, Saudi Arabia, Nov. 10, 2024 (GLOBE NEWSWIRE) — Biban24 — Saudi Arabia’s flagship startup and SME forum — set the stage for the advancement of Saudi entrepreneurship, bringing leading and budding entrepreneurs, businesses and investors from around the world together to launch a series of remarkable agreements worth more than $9 billion. Organized by … Continued

Monsha’at: Biban 2024 accelerates transformation of Saudi entrepreneurship with over SAR 10.6 billion worth of agreements

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RIYADH, Saudi Arabia, Nov. 09, 2024 (GLOBE NEWSWIRE) — The Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, Monsha’at, has taken another important step towards reshaping the Saudi entrepreneurship landscape, following the announcement of 16 agreements worth more than SAR 10.6 billion on the fourth day of Biban24. Extending its ongoing … Continued

Bitget Protection Fund Hits $424 Million Average, a 40% Increase from its Initial Commitment

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VICTORIA, Seychelles, Nov. 08, 2024 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has released the latest valuation of its Protection Fund for October 2024. The fund, an essential safeguard for the exchange indicates the platform’s ongoing measures to secure user assets and uphold financial stability. Throughout October, the Protection Fund experienced … Continued

Duck Creek Technologies to Host Third-Annual “One Duck Creek-India Inclusion Summit” in Mumbai

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The summit, themed “Shaping the Future: Inclusion, Belonging, and Well-Being at Work,” will spotlight community-building, wellness, and professional growth MUMBAI, India, Nov. 07, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, will host its third-annual “One Duck Creek-India Inclusion Summit” in … Continued

LEDGER-ENDARY ACCOUNTANTS CELEBRATED ON INTERNATIONAL ACCOUNTANTS DAY ***Embargoed until 5am AEDT 10 November 2024

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10 November 2024  ***Embargoed until 5am AEDT 10 November 2024   LEDGER-ENDARY ACCOUNTANTS CELEBRATED ON INTERNATIONAL ACCOUNTANTS DAY   Today marks International Accountants Day and Chartered Accountants ANZ (CA ANZ) is celebrating the ledger-endary work accountants do to help businesses thrive and support economies.   With nearly 140,000 Chartered Accountants ANZ members making a difference … Continued

BALD HILL QUARRY ORDERED TO PAY $577K FOR ILLEGAL TYRE USE

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Bald Hill Quarry Pty Ltd has been ordered to pay more than $577,000 by the Land and Environment Court after pleading guilty to the unauthorised use of shredded rubber tyres as landfill cover material. The conviction comes after quarry personnel deliberately and repeatedly ignored instructions by the NSW Environment Protection Authority (EPA) not to use … Continued

CA ANZ Statement on Parliamentary Joint Committee on Corporations and Financial Services Report

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8 November 2024    CA ANZ Statement on Parliamentary Joint Committee on Corporations and Financial Services Report   Please quote a spokesperson for Chartered Accountants ANZ:   Chartered Accountants ANZ (CA ANZ) acknowledges the work of the Parliamentary Joint Committee into Ethics and Professional Accountability: Structural Challenges in the Audit, Assurance and Consultancy Industry and … Continued