Biz.News
Wednesday, September 30, 2026
AM BEST ASSIGNS B++ FINANCIAL STRENGTH RATING TO BEIBU GULF INSURANCE
The outlook assigned to these credit ratings (ratings) is stable, reflecting the company’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Headquartered in Guangxi province, China, Beibu Gulf Insurance was established in 2013 through a joint partnership comprising 10 state-owned enterprise shareholders and three private sector investors, according to AM Best in a statement.
Its ultimate controlling shareholder, Guangxi Investment Group Co Ltd, a provincial-level state-owned capital investment company in Guangxi, holds a 29.73 per cent equity stake through its subsidiaries.
Despite being a small-to-medium-sized non-life insurer in China, Beibu Gulf Insurance holds a prominent position in Guangxi province, capturing nine per cent of the local market share by premium income in 2025. It maintains a diversified product mix, with motor insurance making up nearly half of its gross written premiums.
Leveraging strong relationships between its shareholders and local governments, Beibu Gulf Insurance gains access to business opportunities in policy-driven agricultural insurance and has continued to expand its liability lines in recent years.
Beibu Gulf Insurance’s strong balance sheet strength assessment is underpinned by its strongest level of risk-adjusted capitalisation as at year-end 2025, as measured by Best’s Capital Adequacy Ratio, supported by organic capital accumulation and controlled expansion in underwriting and investment risks.
After posting two years of net losses, Beibu Gulf Insurance returned to profitability in 2023 and sustained momentum to deliver mid-single-digit return on equity in both 2024 and 2025.
AM Best said the company maintains a well-diversified and liquid investment book, dominated by bonds, fixed-income wealth management instruments and cash. The investment portfolio generated a low single-digit investment return, which was above the average level of the domestic non-life industry in 2025.
-- BERNAMA
Tuesday, September 29, 2026
MORE THAN HALF OF BUSINESS TRAVELLERS MANAGE OWN CONNECTIVITY - HOLAFLY
The report found that 53.4 per cent of planned business travellers arrange their own connectivity, including through hotel or airport Wi-Fi, mobile roaming or other options after arriving at their destination.
Security was identified as the top connectivity priority by 41.7 per cent of business travellers overall, rising to 52 per cent among those whose organisations provide their mobile data, the report found.
“When a company provides the connection, employees do not have to make that decision themselves after landing. It gives them a clear, company-approved way to get online from the start while giving businesses greater control over the travel experience,” said Holafly Vice-President of B2B & Partnerships, Alex Bryszkowski.
In a statement, Holafly said the findings suggest that connectivity can form part of the employee experience and corporate travel arrangements, particularly when organisations provide mobile data directly to employees.
Holafly said its business service allows organisations to assign international eSIMs to employees before they travel and manage their plans centrally through its Business Center.
The company said the findings highlight the importance of connectivity arrangements as international business travel increasingly requires employees to have immediate access to corporate systems and work resources.
-- BERNAMA
Technology with Style: The KAIYI X7 Hybrid Showcases Electrified Design
Digital Light Front Fascia Creates a Distinctive Identity
Designed for global markets, the X7 Hybrid features a digital light front fascia. Sigma-shaped daytime running lights and parametric dot-matrix detailing create a layered lighting signature. Triangular grille lines reference the peaks of the Kunlun Mountains, while lightning-inspired daytime running lights evoke flashes across the mountain sky, giving the front a stronger visual presence. The lighting system also supports intelligent high- and low-beam switching, delayed shutoff and multiple lighting animations, combining practical illumination with a distinctive visual signature.
Wide-Body Proportions Balance Presence and Aerodynamic Performance
From the side, the KAIYI X7 Hybrid measures 4,710 mm long, 1,955 mm wide and 1,715 mm high, with a 2,800 mm wheelbase. Its nature-inspired sporty design and flowing profile guide air rearward, helping suppress vortices and reduce aerodynamic drag. Flush power-retractable door handles preserve the clean body surface and provide a 20 kg ice-breaking capability for dependable operation in low temperatures. The X7 Hybrid also rides on 255/50 R20 tires with 20-inch sport wheels, reinforcing its athletic stance and solid visual presence.
Full-Width Tech Taillights Combine Design and Function
The rear features full-width LED taillights. A broad horizontal light bar integrates with the illuminated rear badge, presenting dynamic lighting animations whenever the vehicle is locked or unlocked. The light bar also provides clear, highly visible brake and turn signals, communicating vehicle movements and helping other road users recognize its status promptly.
Across the front, profile and rear, coordinated lighting, balanced proportions and functional details give the X7 Hybrid a cohesive, distinctive exterior. The all-new X7 Plus will arrive in petrol and hybrid variants, combining a new design language and fresh styling with upgraded intelligent comfort features to offer families worldwide a broader choice of SUVs.
Contact for media enquiries:
Wang Hanlu | Senior Brand Manager
Email: wanghanlu@newcowin.com
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/5f43d42e-2fe6-472e-bf92-5e296eb82c36
SOURCE: Yibin Kaiyi International Trade Co.,Ltd
Sunday, September 27, 2026
GTCFX Marks a Successful Presence at Forex Expo Dubai 2026
DUBAI, United Arab Emirates, Sept 28 (Bernama-GLOBE NEWSWIRE) -- GTCFX successfully concluded its participation in Forex Expo Dubai 2026, held on September 22 and 23 at the Dubai World Trade Centre.
Throughout the two-day event, visitors met the GTCFX team at Hall 2, Booth 54 to learn more about the company’s multi-regulated trading solutions, mobile trading capabilities and commitment to client education.
Alt: GTCFX at Forex Expo Dubai 2026
A highlight of the event was GTCFX receiving the Best Forex Mobile Application award. The achievement complemented the company’s presentation of the GTC Go App at the exhibition and reflected its continued focus on providing traders with convenient access to global financial markets.
GTCFX also contributed to the expo’s educational programme through public presentations delivered by Jameel Ahmed, Chief Analyst at GTCFX. During the session titled “Trading Themes to Watch Out for: Q4 2026,” Ahmed examined several developments influencing global markets. The presentation covered geopolitical risk, inflation expectations and the changing interest-rate outlook, together with their potential implications for oil, the US dollar, gold and USD/JPY.
A further presentation introduced the GTC brand and highlighted the importance of investor education in a market environment increasingly shaped by political developments and fast-moving news. It also presented GTCFX’s growing presence in Dubai, including the development of GTC Tower as the company’s global headquarters.
Forex Expo Dubai 2026 gave GTCFX an opportunity to connect face-to-face with traders, partners and industry professionals while sharing its latest market perspectives and digital trading solutions.
Following a successful two days in Dubai, GTCFX looks forward to building on the relationships established at the expo and continuing to support its global community through market education, technology and accessible trading solutions.
About GTCFX:
GTCFX is a global financial services provider offering access to a wide range of financial markets through advanced trading technology and client-focused solutions. Since 2012, GTCFX has served clients across more than 100 countries and regions, with a continued focus on transparency, innovation, and responsible trading.
Media Contact
Email: marketing@gtcfx.com
Website: https://www.gtcfx.com/
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d0227dad-9245-4a1b-9aa8-252e9c4d1c34
https://www.globenewswire.com/NewsRoom/AttachmentNg/a7985ff7-eba5-43f8-99b8-ef478d8e5e2d
https://www.globenewswire.com/NewsRoom/AttachmentNg/1301a426-6841-4364-8c92-1bcd29d500c0
SOURCE: GTC Global Trade Capital Co. Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Saturday, September 26, 2026
NIO and HERE Technologies expand European collaboration to support fresher maps and Navigation on Autopilot driving experiences
HERE Technologies, the world's leading mapping and location data company, and NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading company in the global smart electric vehicle market, today announced an expanded collaboration to advance intelligent navigation and future AI-driven driving experiences across Europe.
- Expanded collaboration brings continuously refreshed location intelligence across NIO's entire European vehicle lineup, supporting smarter navigation experiences and future assisted driving innovation.
Building on the successful deployment of HERE’s industry-leading location technologies in NIO vehicles, the expanded collaboration now extends beyond Firefly to NIO’s entire European vehicle lineup, including the ET5, ET7, EL6, EL7 and EL8. The collaboration combines HERE’s automotive grade location intelligence with NIO’s innovation in smart electric vehicles to deliver the evolution of NOA and future intelligent driving experiences tailored for European roads and drivers.
As vehicles become increasingly software-defined and intelligent, high-quality location intelligence plays a vital role in helping vehicles understand and respond to the road environment. Continuously refreshed map data provides critical context about road conditions, traffic regulations, lane configurations and other real-world changes, supporting safer, more informed and more capable driving experiences.
As part of the expanded relationship, NIO is adopting HERE’s streaming map capabilities to deliver fresher map content across European markets. By providing continuous updates on road network changes, traffic regulations and points of interest, HERE helps NIO ensure drivers benefit from more accurate, reliable and up-to-date navigation experiences.
"NIO is committed to delivering a premium intelligent mobility experience for our customers around the world," said Chris Chen, Vice President of NIO Global Business Development. "By deepening our collaboration with HERE, we are providing drivers with more up-to-date map experiences today while strengthening the foundation for future innovations in intelligent navigation and assisted driving across Europe."
Deon Newman, Senior Vice President and General Manager for Asia Pacific at HERE Technologies said: "As Chinese automotive brands continue expanding globally, they need reliable, fresh and scalable location intelligence to deliver the driving experiences customers expect. We are proud to deepen our collaboration with NIO and support its European growth journey through advanced mapping, navigation and location technologies. Together, we are delivering a navigation experience tailored for European consumers, while shaping the next generation of intelligent driving."
Driving innovation across Europe
By combining NIO's innovation in smart EV technologies with HERE's AI-powered location intelligence, mapping expertise and automotive-grade map content, the two companies are laying the foundation for next-generation assisted driving capabilities tailored to the unique requirements of European road networks and driving environments.
Looking ahead, HERE and NIO will continue exploring how advanced location intelligence and fresh map intelligence can help accelerate the development and deployment of AI-driven driving experiences, including future innovations enabled by NIO World Model (NIO’s end to end AI driving architecture) and NOA.
Media Contacts
HERE Technologies
Vanessa Lee
Vanessa.lee@here.com
NIO & firefly
Nenah Bonarius
nenah.bonarius@nio.io
About HERE Technologies
HERE is the global leader in mapping and location technology. For over 40 years, we've been powering innovation for the world's most recognizable companies: from launching our first digital map in 1985, to shaping the future of software-defined vehicles today. With the industry's freshest and richest unified map and a portfolio of products, services and solutions that serve the needs of multiple industries, HERE reveals opportunities that drive progress and unlock new possibilities for every moving vehicle. Discover more at here.com.
About NIO
NIO is a global smart electric vehicle company founded in November 2014. Dedicated to shaping a sustainable and brighter future together by providing high-performance smart electric vehicles and exceptional user experience, NIO is the first car company listed on the NYSE, HKEX and SGX. NIO currently has three major brands under its umbrella: NIO, ONVO and firefly. Ten years into establishment, NIO is now one of the leading companies in the global premium smart electric vehicle market, committed to fostering its own research and development capabilities for core technologies, the company had filed for and obtained over 13,000 patents. Additionally, NIO has developed NIO Full Stack, a collection of 12 technology domains. Currently, NIO has R&D centers and manufacturing facilities in over 10 locations, including Shanghai, Hefei, Beijing, Nanjing, San Jose, Munich, Oxford, Budapest, Singapore and Abu Dhabi. Additionally, it has built a sales and service network across 24 countries and regions, including China, Europe, the Middle East, Central Asia, Southeast Asia, and Central America. NIO Inc. currently offers eight premium smart electric vehicle models under the NIO brand, two smart electric vehicles under the ONVO brand and one small, smart, high-end electric vehicle under firefly brand. As of September 1, 2026, NIO Inc.’s cumulative deliveries reached 1,260,485 vehicles, reinforcing its position as a leader in advancing technological innovation and premium brand development in China’s smart EV industry.
Attachment
SOURCE: HERE Europe B.V.
--BERNAMA
Friday, September 25, 2026
Samsung P/C China Credit Ratings Affirmed At Excellent - AM Best
KUALA LUMPUR, Sept 24 (Bernama) -- Global credit rating agency, AM Best has affirmed the financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent) of Samsung Property & Casualty Insurance Company (China) Ltd (Samsung P/C China), with a stable outlook.
AM Best in a statement said the ratings reflect Samsung P/C China’s balance sheet strength, which it assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Samsung P/C China, a non-life insurance company in China, is jointly owned by Samsung Fire & Marine Insurance Co Ltd (SFM), Shenzhen Tencent Domain Computer Network Company Limited (Tencent Domain) and four minority shareholders.
The company continues to receive explicit and implicit support from SFM, including stable business relationships with affiliated Samsung entities and Korean Interests Abroad (KIA) clients, strong brand recognition, reinsurance support and underwriting know-how.
a
AM Best assesses Samsung P/C China’s risk-adjusted capitalisation at the strongest level, as measured by Best’s Capital Adequacy Ratio, supported by its substantial capital buffer following a capital injection in 2022, conservative investment strategy and relatively low underwriting leverage.
Samsung P/C China has been one of the fastest-growing non-life insurers despite having a market share of less than one per cent. It has built a stable commercial book and a growing personal lines portfolio with support from its two major shareholders.
The company offers insurance products including commercial property, liability, engineering, accident and health (A&H) and shipping return insurance. AM Best also views Samsung P/C China’s overall risk management practices as appropriate for its risk profile.
AM Best added that Samsung P/C China delivered improved operating results despite a low single-digit return on equity in 2025. Group-related commercial business from affiliated Samsung entities and KIA has been profitable and stabilised the company’s underwriting profitability.
-- BERNAMA
TEMPO SOFTWARE CPO HIGHLIGHTS AI SPENDING ACCOUNTABILITY AT REUTERS CONFERENCE
Nanney discussed how enterprises can manage AI adoption while tracking its costs, outcomes and alignment with strategic priorities. He also shared examples from his experience at Tempo, including how competing initiatives can reveal underlying efficiency issues and how changes in measurement can help guide resource-allocation decisions.
In his keynote, titled “Spend Is Tracked. Outcomes Are Not. The AI Accountability Distance Nobody Has Closed”, Nanney outlined three areas for enterprise leaders: tracking the cost and contribution of AI agents, establishing a governed operating model for human and AI work, and adopting more adaptive planning to identify and address strategic drift.
Tempo’s 2026 State of AI in Portfolio Management report found that 91 per cent of surveyed organisations are piloting or actively using AI in project delivery, while 26 per cent use AI to prioritise or reprioritise work.
In a statement, Tempo said the findings highlight a gap between AI adoption and AI-informed decision-making, reinforcing the need to align strategy, investment and execution across human and AI workforces.
Nanney’s presentation followed Tempo’s launch of Loop, an AI-native Intelligent Portfolio Orchestration platform designed to provide enterprises with a continuously updated view of time, capacity, cost and execution across existing work systems.
The company also recently launched Workforce Intelligence, which attributes AI activity to Jira work items, epics and initiatives.
Tempo said these capabilities are designed to help enterprises coordinate human and AI work while improving visibility into portfolio execution and resource allocation.
The 2026 Reuters Momentum AI Conference, held in Austin from Sept 24 to 26, brought together enterprise leaders focused on AI implementation, business value and investment returns. More than 500 senior executives were expected to attend.
-- BERNAMA