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Chinese industry association flags rating agency shortcomings

A Chinese industry association has highlighted shortcomings in the country's credit rating agencies in a new report, including insufficient disclosure and weak inspection mechanisms that affect the quality of ratings. ....

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AM Best Affirms Credit Ratings of QBE Insurance Group Limited and Its Key Subsidiaries; Revises Issuer Credit Rating Outlook to Negative

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AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a+ of QBE Europe nv/sa (Belgium), QBE UK Limited (United Kingdom), and the pooled members of QBE North America Insurance Group (see list below). The outlook of the Long-Term ICR has been revised to negative from stable, while the outlook of the FSR is stable. These companies are key operating subsidiaries of QBE Insurance Group Limited (QBE) (Australia), the non-operating holding company of the QBE group of companies.
In addition, AM Best has revised the outlook to negative from stable and affirmed the Long-Term ICR of bbb+ of QBE, which AM Best has concurrently withdrawn at the company s request. ....

United Arab Emirates , United States , Hong Kong , United Kingdom , Mexico City , Distrito Federal , City Of , Noord Holland , Jim Peavy , Edward Zonenberg , Alex Rafferty , Christopher Sharkey , Casualty Insurance Company , America Insurance Group , Insurance Corporation , Stonington Insurance Company , Southern Pilot Insurance Company , Rating Action Press , Country Insurance Company , Pointe Insurance Company , Casualty Company Of Wisconsin , Reinsurance Corporation , Specialty Insurance Company , Am Best Rating Services Inc , Insurance Group Limited , Praetorian Insurance Company ,

AM Best Affirms Credit Ratings of Kommesk-Omir Insurance Company JSC

AM Best Affirms Credit Ratings of Kommesk-Omir Insurance Company JSC
AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of bb- of Kommesk-Omir Insurance Company JSC (Kommesk) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Kommesk s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, very limited business profile and marginal enterprise risk management.
Kommesk s balance sheet strength is underpinned by its risk-adjusted capitalisation at the strongest level, as measured by the Best s Capital Adequacy Ratio (BCAR). AM Best expects risk-adjusted capitalisation to remain at the strongest level supported by positive operating results and the absence of dividend payments, as it executes is strategic business plan. In addition, Kommesk s balance sheet strength considers the company s comprehensive reinsurance programme, whic ....

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'Jeopardy!' Ratings Suffer Massive Decline Following Alex Trebek's Final Episodes Aired: Can Katie Couric Help?

Jeopardy! Ratings Suffer Massive Decline Following Alex Trebek s Final Episodes Aired: Can Katie Couric Help?
Ratings for Jeopardy! , one of the longest game shows ever aired on TV, have dropped following the debut of executive producer Mike Richards debut as the show s guest host.
Jeopardy! Declined Ratings
According to The Wrap, Richards stint that started on Feb. 22 after a multi-week run of former champion Ken Jennings gave Jeopardy! an average of 5.9 ratings, marking a 3% week-over-week decline.
However, the consistent decline in Jeopardy! ratings came in the week when Alex Trebek s final episode finished airing.
Other TV game shows such as Wheel of Fortune and Family Feud earn 5.8 and 5.7 ratings, respectively. ....

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Vietnam's e-commerce websites to be given ratings

The rating on e-commerce websites would help improve customers trust in onlline environment. Photo ictnews.vn
HANOI (Vietnam News/ANN): E-commerce websites will be given ratings to increase customers’ trust in purchasing and payment activities in the online environment.
This is one of the solutions the Vietnam e-Commerce and Digital Economy Agency (iDEA) under the Ministry of Industry and Trade (MoIT) has proposed to promote the development of the e-commerce market in 2021-25.
According to the ministry the national overall e-commerce development plan aims to support and promote the wide application of e-commerce in businesses and community; narrowing the gap among big cities and localities in e-commerce development and building a healthy, competitive and sustainable market. ....

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