OLDWICK - JUNE 09, 2021 02:35 PM (EDT)
AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a+ (Excellent) of Scotia Insurance (Barbados) Limited (Scotia Insurance) (Barbados). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Scotia Insurance s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
Scotia Insurance is primarily a life reinsurer that ultimately is owned by The Bank of Nova Scotia (Scotiabank). Scotia Insurance principally reinsurers credit insurance policies underwritten by major third-party life insurance carriers on consumer loans originated by Scotiabank s retail operations throughout Canada. The company has a long history of favorable underwriting results that have continued through 2020 despite challenges brought on from operating in the COVID-19 pandemic
Ero Copper reports record first quarter copper production and financial results
Ero Copper Corp. today is pleased to announce its financial results for the three months ended March 31, 2021. Management will host a conference call tomorrow, Wednesday, May 5, 2021, at 11:30 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release. HIGHLIGHTS Record quarterly copper production of 12,638 tonnes and record quarterly C1 cash costs of $0.49 … (all amounts in US dollars, unless otherwise noted)
Ero Copper Corp. (TSX: ERO) (“Ero” or the “Company”) today is pleased to announce its financial results for the three months ended March 31, 2021. Management will host a conference call tomorrow, Wednesday, May 5, 2021, at 11:30 a.m. Eastern time to discuss the results. Dial-in details for the call can be found near the end of this press release.
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TORONTO, May 3, 2021 /CNW/ - The Bank of Nova Scotia ( Scotiabank ) announced today that it has reached an agreement to increase ownership in its Chilean operations ( Scotiabank Chile ) through acquisition of an additional 7.0% stake from the Said family. Upon closing, Scotiabank s ownership in Scotiabank Chile will increase to 83%. The transaction is subject to customary closing conditions and regulatory approvals. Scotiabank s presence in Chile is a key pillar of our International Business and we are pleased to further strengthen our operations in the country, said Brian Porter, President and CEO, Scotiabank. We are grateful for our ongoing partnership with the Said family and look forward to building on our momentum in Chile over the coming years.