Sunday, April 5, 2026
Bitget Brings Crypto Into Everyday Spending With APAC Launch of Bitget Card
VICTORIA, Seychelles, April 6 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), in partnership with Visa and DCS, launched the Bitget Card across selected markets in Asia Pacific (APAC), extending crypto out of exchanges into everyday spending and marking another step toward a more unified financial experience where digital assets work quietly in the background of daily life.
The initial rollout makes a virtual Bitget Card available to APAC users, with a physical card set to follow in the coming months. Issued in collaboration with DCS and powered by Visa’s global payments network, Bitget Card enables users to convert crypto into fiat for everyday spending across merchants across APAC. Payments are processed instantly and feel no different from a standard card transaction, removing the friction typically associated with off-ramping or manual conversion. Crypto operates quietly in the background while users transact through familiar payment rails, supporting seamless everyday adoption
“Partnerships across the ecosystem are key to bringing digital assets into everyday payments,” said Joan Han, COO of DCS and DeCard. “By combining Bitget’s ecosystem with DCS’s issuing infrastructure and Visa’s global acceptance network, the Bitget Card enables users to move from crypto holdings to everyday spending through a familiar card experience.”
To accompany the launch, Bitget Card offers one of the most competitive reward structures in the region, with up to 20% cashback on eligible spending, capped at $800. Low foreign exchange fees further position the card for globally mobile users who expect spending tools to work across borders without friction.
“For crypto to become truly mainstream, it can’t ask people to constantly think about it,” said Gracy Chen, CEO of Bitget. “It should operate quietly in the background while people go about living their lives. Bitget Card reflects the shift where crypto becomes infrastructure, not an interruption.”
The launch aligns with Bitget’s Universal Exchange vision, which brings crypto, derivatives, and tokenised traditional assets into a single ecosystem. By extending that framework into payments through partnerships with Visa and DCS, Bitget is narrowing the gap between digital assets and real-world commerce, allowing users to move between markets and everyday spending without switching contexts.
Additional features include enhanced benefits for VIP members, including higher rebates and complimentary physical card issuance once available.
“As digital assets become more widely held, consumers increasingly expect simple and reliable ways to use that value in everyday life,” said Adeline Kim, Country Manager for Singapore & Brunei at Visa. “The Bitget Card reflects how payments are evolving — enabling a seamless move from digital assets to everyday spending through a familiar Visa card experience, at scale and across borders.”
Looking ahead, Bitget plans to expand the Bitget Card with premium physical designs, fee-free ATM withdrawals of up to $100 per month, and access to a global network of airport lounges, reinforcing its positioning as a long-term lifestyle payment tool.
As financial systems continue to converge, the line between crypto and traditional finance is becoming less visible to consumers. With Bitget Card, digital assets integrate seamlessly into everyday payments, allowing users to spend, travel, and move globally through familiar card experiences.
To apply for a Bitget card, please visit here.
Disclaimer: This is for information only, not investment advice or solicitation to trade or use any service. Our services may not be available in certain jurisdictions or for users in certain regions.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0418876f-89ee-4aa8-af05-e55f92e05b50
SOURCE: Bitget 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
Thursday, April 2, 2026
VOCALBEATS.AI, NTU SINGAPORE PARTNER TO LAUNCH AI SCHOLARSHIP
KUALA LUMPUR, April 2 (Bernama) -- Vocalbeats.AI, a Singapore-based artificial intelligence (AI)-powered audio company, has partnered with Nanyang Technological University, Singapore (NTU Singapore) to establish the Vocalbeats.AI‑Turing AI Scholarship.
The scholarship aims to recognise and support outstanding undergraduates from NTU’s College of Computing and Data Science (CCDS), in line with the company’s commitment to developing AI talent.
Vocalbeats.AI Chief Executive Officer, Marco Lai Jinnan in a statement said voice AI is reshaping how people connect across languages and cultures.
“This scholarship is our commitment to ensuring we have the world-class talent to advance that frontier, and our experience working with NTU students and graduates has shown us what is possible when the brightest young minds take on real-world challenges,” he added.
Meanwhile, Dean of NTU’s College of Computing and Data Science and Vice President (AI & Digital Economy), Professor Luke Ong said the collaboration underscores the importance of industry-academia partnerships in developing AI talent and providing students with practical exposure.
Recipients will have opportunities to pursue internships, mentorships and potential career pathways within the company as it expands its global operations.
The initiative comes amid growing global demand for AI engineering talent, which continues to outpace supply. In Singapore, the National AI Strategy 2.0 aims to triple the country’s AI practitioner pool, with industry playing a key role alongside universities.
Vocalbeats.AI has also strengthened its engagement with universities through internship programmes, with one of the NTU graduates transitioning into a full-time role and currently contributing to the company’s research capabilities.
-- BERNAMA
Bitget Expands Agent Hub Ecosystem Through MuleRun Partnership to Advance Agentic Trading
VICTORIA, Seychelles, April 2 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), announced a strategic product partnership with MuleRun, an industry-leading self-evolving AI Agent, to launch a personal AI-powered trading assistant that brings institutional-grade market signals to everyday investors through natural language.
MuleRun is a self-evolving personal AI platform that lets users deploy workflows through natural language with no technical setup. It runs 24/7 on cloud-based virtual machines and is built to keep tasks, monitoring, and scheduled jobs running continuously, even when users are offline.
The collaboration marks a new milestone in AI-driven trading infrastructure as professional-level financial intelligence becomes more accessible to mainstream users. Through the integration of Bitget Agent Hub’s AI financial data ecosystem with MuleRun’s always-on personal AI environment, users can now access structured market analysis, monitor opportunities across asset classes, and build automated trading workflows through simple conversation, without requiring technical expertise.
The launch reflects a broader shift in investor behavior. As markets become more interconnected and volatility spreads across crypto, equities, commodities, currencies, and macro-driven assets, users are looking for systems that can do more than display data. They want intelligent tools that can interpret live information, track multiple markets continuously, and deliver timely, actionable insights in a form that is easy to use. For many retail investors, the core barriers remain the same: market data is too complex, round-the-clock monitoring is difficult, and AI hallucinations when timeliness and reliability of market data are uncertain.
This partnership is designed to address those constraints across data, intelligence, security, and execution. Through Bitget Agent Hub, MuleRun users gain access to a financial analytics framework spanning 19 data tools across crypto, U.S. equities, gold, crude oil, forex, A-shares, on-chain metrics, social sentiment, and 16 macroeconomic indicators including CPI, GDP, and FOMC decisions. Bitget’s Skill Hub further translates this data into specialized AI capabilities across macro analysis, technical analysis, sentiment analysis, market intelligence, and news briefings, making advanced financial interpretation available through plain-language interaction.
“We see a clear shift toward trading environments where analysis, monitoring, and execution are increasingly unified,” said Gracy Chen, CEO of Bitget. “Partnering with MuleRun helps us move in that direction by combining Bitget’s market intelligence capabilities with a highly accessible personal AI interface.”
The integration signals Bitget’s continued push toward an agent-native trading future, where AI does more than assist with information retrieval and becomes a persistent market companion capable of observing conditions, surfacing signals, and supporting action in real time. Through Agent Hub, GetClaw, and its broader Universal Exchange architecture, Bitget is building the infrastructure layer for this next phase of trading, one in which intelligent agents operate securely across analysis, automation, and execution within a single connected environment.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/76361801-9411-4067-b7e6-da31bd8dd41c
SOURCE: Bitget 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.
MuleRun is a self-evolving personal AI platform that lets users deploy workflows through natural language with no technical setup. It runs 24/7 on cloud-based virtual machines and is built to keep tasks, monitoring, and scheduled jobs running continuously, even when users are offline.
The collaboration marks a new milestone in AI-driven trading infrastructure as professional-level financial intelligence becomes more accessible to mainstream users. Through the integration of Bitget Agent Hub’s AI financial data ecosystem with MuleRun’s always-on personal AI environment, users can now access structured market analysis, monitor opportunities across asset classes, and build automated trading workflows through simple conversation, without requiring technical expertise.
The launch reflects a broader shift in investor behavior. As markets become more interconnected and volatility spreads across crypto, equities, commodities, currencies, and macro-driven assets, users are looking for systems that can do more than display data. They want intelligent tools that can interpret live information, track multiple markets continuously, and deliver timely, actionable insights in a form that is easy to use. For many retail investors, the core barriers remain the same: market data is too complex, round-the-clock monitoring is difficult, and AI hallucinations when timeliness and reliability of market data are uncertain.
This partnership is designed to address those constraints across data, intelligence, security, and execution. Through Bitget Agent Hub, MuleRun users gain access to a financial analytics framework spanning 19 data tools across crypto, U.S. equities, gold, crude oil, forex, A-shares, on-chain metrics, social sentiment, and 16 macroeconomic indicators including CPI, GDP, and FOMC decisions. Bitget’s Skill Hub further translates this data into specialized AI capabilities across macro analysis, technical analysis, sentiment analysis, market intelligence, and news briefings, making advanced financial interpretation available through plain-language interaction.
“We see a clear shift toward trading environments where analysis, monitoring, and execution are increasingly unified,” said Gracy Chen, CEO of Bitget. “Partnering with MuleRun helps us move in that direction by combining Bitget’s market intelligence capabilities with a highly accessible personal AI interface.”
The integration signals Bitget’s continued push toward an agent-native trading future, where AI does more than assist with information retrieval and becomes a persistent market companion capable of observing conditions, surfacing signals, and supporting action in real time. Through Agent Hub, GetClaw, and its broader Universal Exchange architecture, Bitget is building the infrastructure layer for this next phase of trading, one in which intelligent agents operate securely across analysis, automation, and execution within a single connected environment.
About Bitget
Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/76361801-9411-4067-b7e6-da31bd8dd41c
SOURCE: Bitget 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.
Wednesday, April 1, 2026
CLOUDERA TO SHOWCASE “AI ANYWHERE” CAPABILITIES AT AWS SUMMITS
KUALA LUMPUR, April 1 (Bernama) -- Cloudera has announced its participation as a sponsor in the 2026 Amazon Web Services (AWS) Summit series across major global cities, showcasing its “AI Anywhere” capabilities for hybrid and multi-cloud environments.
In a statement, the company said it will demonstrate how organisations can operationalise artificial intelligence (AI) workloads across cloud and on-premises infrastructure without compromising governance, security, and data compliance requirements.
The events will be held in Paris, Sydney, Hamburg, Madrid, Washington, D.C., Jakarta, Zurich and Tokyo.
“Our collaboration with AWS is central to delivering on the promise of AI Anywhere. By combining Cloudera’s hybrid data platform with AWS’s cloud capabilities, organisations can run AI workloads wherever needed while maintaining governance, security and portability,” said Cloudera Senior Vice President of Global Alliances and Channels, Michelle Hoover.
The company’s presence at AWS Summits builds on its collaboration with AWS in supporting enterprises to modernise data architectures and accelerate AI adoption, particularly as hybrid cloud strategies become increasingly prevalent.
Across AWS Summit events, Cloudera will host interactive booth experiences featuring live demonstrations, expert consultations, and giveaways, offering attendees hands-on insights into real-world AI and data use cases.
Among the event highlights, Cloudera will hold live demonstrations and a session on AI-driven humanitarian aid at the Paris event on April 1, and host a lightning talk along with a networking reception at the Sydney event on May 13 to 14.
At Hamburg on May 20, the company will conduct a breakout session, demos, and giveaways, while at Madrid on June 4, it will explore cognitive bias in AI systems and how organisations can ensure reliable, production-ready AI deployment.
Cloudera will also maintain a presence at AWS Summits in Tokyo (June 25), Washington, D.C. (June 30), Jakarta (Aug 6), and Zurich (Sept 2).
-- BERNAMA
In a statement, the company said it will demonstrate how organisations can operationalise artificial intelligence (AI) workloads across cloud and on-premises infrastructure without compromising governance, security, and data compliance requirements.
The events will be held in Paris, Sydney, Hamburg, Madrid, Washington, D.C., Jakarta, Zurich and Tokyo.
“Our collaboration with AWS is central to delivering on the promise of AI Anywhere. By combining Cloudera’s hybrid data platform with AWS’s cloud capabilities, organisations can run AI workloads wherever needed while maintaining governance, security and portability,” said Cloudera Senior Vice President of Global Alliances and Channels, Michelle Hoover.
The company’s presence at AWS Summits builds on its collaboration with AWS in supporting enterprises to modernise data architectures and accelerate AI adoption, particularly as hybrid cloud strategies become increasingly prevalent.
Across AWS Summit events, Cloudera will host interactive booth experiences featuring live demonstrations, expert consultations, and giveaways, offering attendees hands-on insights into real-world AI and data use cases.
Among the event highlights, Cloudera will hold live demonstrations and a session on AI-driven humanitarian aid at the Paris event on April 1, and host a lightning talk along with a networking reception at the Sydney event on May 13 to 14.
At Hamburg on May 20, the company will conduct a breakout session, demos, and giveaways, while at Madrid on June 4, it will explore cognitive bias in AI systems and how organisations can ensure reliable, production-ready AI deployment.
Cloudera will also maintain a presence at AWS Summits in Tokyo (June 25), Washington, D.C. (June 30), Jakarta (Aug 6), and Zurich (Sept 2).
-- BERNAMA
Neinor Homes and Stoneshield Capital Launch €150mn Partnership to Develop Premium Residential Project in Marbella
- €150mn investment will develop 262 high-quality residences in Marbella, one of Europe’s most sought-after residential markets.
MADRID, April 1 (Bernama-GLOBE NEWSWIRE) -- Neinor Homes (“Neinor”), Spain’s leading listed residential developer, has formed a joint venture with Stoneshield Capital (“Stoneshield”) to develop a premium residential project in Marbella, marking its entry into the high-end residential segment and further expanding its Asset Management platform.
The development will comprise 262 homes across more than 60,000 sqm, adjacent to RÃo Real Golf Course and close to Marbella city centre, Puerto Banús and the beach. It will feature a 1,200 sqm Private Members Club with wellness areas, pools, sports facilities and landscaped spaces.
The project is one of the largest residential developments launched in Marbella in recent years, with expected revenues exceeding €600mn over the next five years.
Under the JV structure, Stoneshield will hold 70% and Neinor 30%, with Neinor acting as delegated developer across the full development lifecycle. The investment reflects strong fundamentals in Marbella, supported by robust international demand and limited land supply.
The transaction reinforces Neinor’s Asset Management platform, which has deployed over €1.3bn alongside institutional investors including AXA IM Alts, Orion Capital, King Street and Bain Capital.
Borja GarcÃa-Egotxeaga, CEO of Neinor Homes, said: “This partnership demonstrates the strength of our platform, combining development expertise with institutional capital to deliver high-quality projects.”
Juan Pepa, Founding Partner of Stoneshield Capital, added: “Spain remains one of Europe’s most attractive residential investment markets, with Marbella as a standout location.”
* For the full regulatory announcement please refer to Neinor’s webpage (https://www.neinorhomes.com/en/corporate/investors/market-notifications/other-relevant-information/)
For more information:
NEINOR HOMES
investor.relations@neinorhomes.com
H/ADVISORS MAITLAND
NeinorHomes@h-advisors.global
STONESHIELD CAPITAL
cs@stoneshieldcapital.com
rp@stoneshieldcapital.com
SOURCE: Neinor Homes, SA
Monday, March 30, 2026
HOLAFLY REPORT HIGHLIGHTS SUSTAINABILITY GAP IN TRAVEL DECISIONS
KUALA LUMPUR, March 30 (Bernama) -- The Holafly eSIM & Travel Report revealed that 42 per cent of travellers actively take steps to travel more responsibly, highlighting a growing awareness of environmental impact among global explorers.
However, only 22.5 per cent rank sustainability among their top priorities when planning a trip, indicating that price, convenience, and other practical factors often outweigh environmental considerations.
“The message from travellers is clear: people want to make responsible choices, but those choices need to be simple and accessible. Sustainability will only scale when responsible options are seamlessly integrated into the travel experience,” said Holafly Brand Director, Daniela Prado.
In the report, Holafly, an eSIM provider, revealed new insights into how sustainability is shaping travel decisions worldwide with a clear hierarchy between intention and decision-making.
This gap between values and practical choices reflects a broader trend across the travel industry as travellers widely support sustainable tourism in principle, but translating those intentions into booking decisions remains complex.
In addition, Holafly stated in a statement that many travellers express the desire to reduce their environmental footprint, yet affordability, accessibility and overall travel experience still tend to shape final choices.
Holafly’s eSIM products contribute to more responsible travel by replacing traditional SIM cards, reducing emissions linked to production, packaging, and global distribution.
The company estimates that each eSIM prevents approximately 114.7 grammes of carbon dioxide (CO₂), with over 15 million eSIMs sold worldwide avoiding more than 1,700 tonnes of CO₂.
As the travel sector faces growing climate awareness, the challenge remains turning environmental values into practical, seamless choices that travellers can adopt without friction.
-- BERNAMA
However, only 22.5 per cent rank sustainability among their top priorities when planning a trip, indicating that price, convenience, and other practical factors often outweigh environmental considerations.
“The message from travellers is clear: people want to make responsible choices, but those choices need to be simple and accessible. Sustainability will only scale when responsible options are seamlessly integrated into the travel experience,” said Holafly Brand Director, Daniela Prado.
In the report, Holafly, an eSIM provider, revealed new insights into how sustainability is shaping travel decisions worldwide with a clear hierarchy between intention and decision-making.
This gap between values and practical choices reflects a broader trend across the travel industry as travellers widely support sustainable tourism in principle, but translating those intentions into booking decisions remains complex.
In addition, Holafly stated in a statement that many travellers express the desire to reduce their environmental footprint, yet affordability, accessibility and overall travel experience still tend to shape final choices.
Holafly’s eSIM products contribute to more responsible travel by replacing traditional SIM cards, reducing emissions linked to production, packaging, and global distribution.
The company estimates that each eSIM prevents approximately 114.7 grammes of carbon dioxide (CO₂), with over 15 million eSIMs sold worldwide avoiding more than 1,700 tonnes of CO₂.
As the travel sector faces growing climate awareness, the challenge remains turning environmental values into practical, seamless choices that travellers can adopt without friction.
-- BERNAMA
Axi Launches New Axi Select Webinar Series Following Successful Bloomberg Campaign
SYDNEY, March 30 (Bernama-GLOBE NEWSWIRE) -- Global online trading provider Axi has announced the launch of a new educational webinar series under its Axi Select programme, expanding its trader education initiative following the successful completion of its recent Bloomberg campaign. The first webinar is scheduled to take place in April 2026 and will form part of an ongoing series designed to deliver expert-led market insights and practical trading education to Axi’s global trading community.
The new webinar series represents the next phase of Axi’s commitment to supporting trader development through accessible, professional-grade education. Building on strong audience engagement generated during the Bloomberg campaign, the initiative aims to provide traders with deeper market understanding, structured learning opportunities, and direct access to experienced market professionals.
Greg Rubin, Head of Axi Select at Axi, said:
“The Bloomberg campaign highlighted a growing demand for credible, expert-led education that helps traders better understand today’s fast-moving markets. Launching the Axi Select webinar series allows us to continue that conversation by giving traders direct access to insights, analysis, and practical knowledge designed to support long-term trading development.”
The inaugural session will be hosted by Cassandra Ng, a financial markets analyst, educator, and trading specialist with extensive experience delivering market commentary and trading education to global audiences. The session will focus on market outlooks, trading frameworks, and risk management principles aimed at helping traders navigate evolving market conditions with greater confidence.
Cassandra commented:
“Education is essential for traders looking to build consistency and discipline in the markets. This webinar series is designed to simplify complex market movements and provide actionable insights that traders can apply within their own strategies.”
About the Presenter
Cassandra Ng is a prop firm trader and market analyst at an award-winning research firm - where her research powers the decisions of thousands of traders every day. Her speciality is in Elliott wave and Fibonacci - which she uses to forecast where the markets are heading. With years of experience working with retail and professional traders, her speciality is in translating complex financial concepts into practical trading knowledge through webinars, workshops, and market analysis.
The webinar series extends Axi’s broader mission to empower traders through education, technology, and structured development opportunities. By moving from broadcast engagement into interactive learning experiences, Axi continues to strengthen its focus on providing meaningful value beyond trading access alone.
Registration is now open, and traders can secure their place by visiting:
https://axicorp.zoom.us/webinar/register/WN_h2n3EqLTT-qQww5BZtrx2g
About Axi
Axi is a global online trading brand offering access to forex, shares, indices, commodities, and digital assets. Through initiatives such as Axi Select, Axi supports traders worldwide with education, technology, and professional trading tools.
Media Contact: mediaenquiries@axi.com
For full details on the Axi Select program, visit: https://www.axi.com/int/funded-trader-program
The Axi Select program is only available to clients of AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.
SOURCE: Axi Trader LLC
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
Sunday, March 29, 2026
UNIPART POSTS GBP991.6 MLN TURNOVER, STRONG 2025 RESULTS
KUALA LUMPUR, March 30 (Bernama) -- Unipart, the supply chain performance improvement partner, has reported a group turnover of GBP991.6 million and an underlying profit before interest and tax of GBP27.9 million in its full-year financial results for 2025. (GBP1 = RM5.31)
The company in a statement said it ended the year with a net cash surplus of GBP9.4 million, demonstrating robust operational efficiency and disciplined capital management.
Its Chief Executive Officer, Darren Leigh highlighted that the company strengthened its order book, achieved solid earnings and cash performance, and made significant progress executing The Unipart Way Forward strategy.
“In 2026, our focus on organic expansion, strategic partnerships, and ongoing investment in our people and technology, combined with our continued diversification, gives me confidence that we can navigate ongoing global supply chain instability and challenges.
“We are fully committed to delivering more efficient, resilient and sustainable supply chains for our customers, and long-term sustainable value for our shareholders,” he added.
The 2025 financial year marked a period of strategic transition and expansion under The Unipart Way Forward strategy, supported by customer growth, digital transformation investments, and a commitment to colleagues and sustainability.
Amid global supply chain challenges, Unipart leveraged its breadth of expertise to increase visibility, predictability, and mitigate disruption for its customers. The company expanded its services with existing clients, welcomed new customers, launched new solutions, and formed key industry partnerships.
Unipart reaffirmed its commitment to people, health, safety, and environmental, social, and governance (ESG) goals, receiving five stars in the British Safety Council audit for the 15th consecutive year, achieving upper quartile employee engagement, and hosting the Big Charity Challenge, which raised over GBP62,000 for more than 30 charities.
-- BERNAMA
The company in a statement said it ended the year with a net cash surplus of GBP9.4 million, demonstrating robust operational efficiency and disciplined capital management.
Its Chief Executive Officer, Darren Leigh highlighted that the company strengthened its order book, achieved solid earnings and cash performance, and made significant progress executing The Unipart Way Forward strategy.
“In 2026, our focus on organic expansion, strategic partnerships, and ongoing investment in our people and technology, combined with our continued diversification, gives me confidence that we can navigate ongoing global supply chain instability and challenges.
“We are fully committed to delivering more efficient, resilient and sustainable supply chains for our customers, and long-term sustainable value for our shareholders,” he added.
The 2025 financial year marked a period of strategic transition and expansion under The Unipart Way Forward strategy, supported by customer growth, digital transformation investments, and a commitment to colleagues and sustainability.
Amid global supply chain challenges, Unipart leveraged its breadth of expertise to increase visibility, predictability, and mitigate disruption for its customers. The company expanded its services with existing clients, welcomed new customers, launched new solutions, and formed key industry partnerships.
Unipart reaffirmed its commitment to people, health, safety, and environmental, social, and governance (ESG) goals, receiving five stars in the British Safety Council audit for the 15th consecutive year, achieving upper quartile employee engagement, and hosting the Big Charity Challenge, which raised over GBP62,000 for more than 30 charities.
-- BERNAMA
Saturday, March 28, 2026
HKIA’s Proposed Capital Changes Could Boost Hong Kong’s Reinsurance Market - AM Best
KUALA LUMPUR, March 26 (Bernama) -- The Hong Kong Insurance Authority’s (HKIA) proposed changes to how non-life insurers’ required capital levels are evaluated for natural catastrophes, man-made risks, and offshore reinsurance could strengthen Hong Kong’s position as a global reinsurance and risk management hub, according to a new AM Best report.
The proposed refinements, outlined in a recently released HKIA consultation paper, follow the adoption of the Hong Kong risk-based capital regime on July 1, 2024.
AM Best views the changes as credit positive for the city’s non-life market, as domestic insurers would stand to benefit from improved capital efficiency with the potential to grow offshore business beyond Hong Kong’s competitive local market.
“By better aligning capital standards with local market characteristics and maintaining international prudential benchmarks, the HKIA is trying to balance the non-life segment’s sustainable development with policyholder protection,” said AM Best director, James Chan in a statement.
The HKIA proposals include scaling back several prescribed natural catastrophe risk factors and allowing greater diversification benefits among certain markets in the Greater China region.
Furthermore, eligible Hong Kong insurers or designated insurers belonging to non-Hong Kong insurance groups may apply to exclude offshore non-life reinsurance business from their prescribed capital calculations.
According to the Best’s Commentary, Hong Kong’s direct non-life market remains highly fragmented and competitive, comprising 86 pure non-life insurers as of September 2025.
Growth over the past five years has been subdued, in the low-to-mid single digits, constrained by economic headwinds and the broader slowdown in mainland China.
-- BERNAMA
Best’s Commentary: Proposed Risk-Based Capital Change in Hong Kong Could Bolster Market’s Global Standing
HONG KONG, March 25 (Bernama-BUSINESS WIRE) -- Proposed changes in how the Hong Kong Insurance Authority (HKIA) evaluates non-life insurers’ required capital levels around natural catastrophes and man-made risks, as well as offshore reinsurance business, could bolster this geographic market’s position as a global reinsurance and risk management hub, according to a new AM Best report.
The proposed refinements are stipulated in a recently released HKIA consultation paper, following the adoption of the Hong Kong Risk-Based Capital regime on 1 July 2024. AM Best views the changes as credit positive for Hong Kong’s non-life market. Domestic insurers would stand to benefit from improved capital efficiency with the potential to grow offshore business outside of Hong Kong’s competitive local market. The HKIA proposes scaling back a number of prescribed natural catastrophe risk factors and allowing for greater diversification benefits among some markets in the Greater China region. Furthermore, eligible Hong Kong insurers or designated insurers that are members of a non-Hong Kong insurance group may apply to exclude offshore non-life reinsurance business from their prescribed capital calculations.
“By better aligning capital standards with local market characteristics and maintaining international prudential benchmarks, the HKIA is trying to balance the non-life segment’s sustainable development with policyholder protection,” said James Chan, director, AM Best.
According to the Best’s Commentary, Hong Kong’s direct non-life market remains highly fragmented and competitive, comprising 86 pure non-life insurers as of September 2025. Over the past five years, the segment has experienced subdued growth in the low-to-mid single digits, constrained by economic headwinds and the broader slowdown in mainland China.
“As a result, we view the proposed solvency framework adjustments as a catalyst for insurers, especially for domestic direct insurers who are equipped with strong capitalisation, robust underwriting know-how, or favourable parental support, to pursue growth opportunities outside the local market,” said Christie Lee, senior director, AM Best.
To access the full copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=363466.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
The proposed refinements are stipulated in a recently released HKIA consultation paper, following the adoption of the Hong Kong Risk-Based Capital regime on 1 July 2024. AM Best views the changes as credit positive for Hong Kong’s non-life market. Domestic insurers would stand to benefit from improved capital efficiency with the potential to grow offshore business outside of Hong Kong’s competitive local market. The HKIA proposes scaling back a number of prescribed natural catastrophe risk factors and allowing for greater diversification benefits among some markets in the Greater China region. Furthermore, eligible Hong Kong insurers or designated insurers that are members of a non-Hong Kong insurance group may apply to exclude offshore non-life reinsurance business from their prescribed capital calculations.
“By better aligning capital standards with local market characteristics and maintaining international prudential benchmarks, the HKIA is trying to balance the non-life segment’s sustainable development with policyholder protection,” said James Chan, director, AM Best.
According to the Best’s Commentary, Hong Kong’s direct non-life market remains highly fragmented and competitive, comprising 86 pure non-life insurers as of September 2025. Over the past five years, the segment has experienced subdued growth in the low-to-mid single digits, constrained by economic headwinds and the broader slowdown in mainland China.
“As a result, we view the proposed solvency framework adjustments as a catalyst for insurers, especially for domestic direct insurers who are equipped with strong capitalisation, robust underwriting know-how, or favourable parental support, to pursue growth opportunities outside the local market,” said Christie Lee, senior director, AM Best.
To access the full copy of this special report, please visit http://www3.ambest.com/bestweek/purchase.asp?record_code=363466.
AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260324464179/en/
Contact
James Chan
Director, Analytics
+852 2827 3418
james.chan@ambest.com
Christie Lee
Senior Director, Analytics
+852 2827 3413
christie.lee@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com
Source : AM Best
--BERNAMA
Contact
James Chan
Director, Analytics
+852 2827 3418
james.chan@ambest.com
Christie Lee
Senior Director, Analytics
+852 2827 3413
christie.lee@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com
Source : AM Best
--BERNAMA
Friday, March 27, 2026
Axi Launches “The Strategy Room” Podcast Hosted by Kathy Lien
New Axi Select series features traders and market professionals discussing strategy, risk management, and global markets
SYDNEY, March 26 (Bernama-GLOBE NEWSWIRE) -- Global trading firm Axi today announced the launch of The Strategy Room by Axi Select, a new podcast series hosted by renowned currency strategist and BK Forex Managing Director Kathy Lien. The series is designed to provide traders with direct access to the strategies, thinking, and risk management approaches of high-performing traders and respected market professionals.
Aimed at active traders and market enthusiasts, The Strategy Room seeks to bridge the gap between theory and real-world execution by offering insights grounded in practical market experience.
Greg Rubin, Head of Axi Select at Axi, said:
“Sustained trading performance requires more than market access — it demands discipline, structure, and continuous learning. With The Strategy Room, we’re creating a platform where traders can hear directly from top performers within the Axi Select programme and leading industry experts about how they refine strategies and manage risk in dynamic market conditions.”
Hosted by Kathy Lien, widely recognised for her expertise in currency markets and global macro analysis, the podcast will spotlight traders from the Axi Select programme alongside seasoned professionals from across the financial industry. Episodes will examine how market participants adapt to volatility, evolving economic cycles, and emerging trading opportunities.
The launch reflects Axi’s broader commitment to trader education and community engagement through Axi Select, the firm’s capital allocation and trader development programme designed to identify and support talented traders as they scale their strategies.
The Strategy Room by Axi Select will be available on major podcast platforms, with new episodes released regularly. Highlights and exclusive content will also be shared across Axi’s digital channels.
Watch The Strategy Room: https://youtu.be/S2ZJbltwGIo
About Axi
Axi is a global online trading brand offering access to forex, indices, commodities, and digital assets, serving clients in more than 100 countries. Through Axi Select, the firm provides funded trading opportunities and structured trader development support.
Media enquiries: mediaenquiries@axi.com
For full details on the Axi Select program, visit: https://www.axi.com/int/funded-trader-program
The Axi Select program is only available to clients of AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.
SOURCE: Axi Trader LLC
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
Jumio Completes Malaysian eKYC Assessment with Zero Findings
Jumio Completes Malaysian eKYC Assessment with Zero Findings
Achievement demonstrates company’s ongoing, global commitment to helping customers meet regulatory compliance requirements
SINGAPORE, March 26 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered identity intelligence anchored in biometric authentication, automation, and data-driven insights, today announced that it has successfully completed the Independent eKYC Breakthrough Assessment required by Bank Negara Malaysia (BNM) with zero findings.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324415645/en/
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260324415645/en/
BNM has stringent requirements for eKYC vendors across three core pillars:
- ID Verification: Identifying fake and manipulated instances of the MyKad (Malaysian National ID).
- Facial Recognition: Matching user selfies against ID photos.
- Liveness Detection: Ensuring the user is a real person and preventing spoofing/deepfake attempts.
Jumio worked with independent auditor LGMS, a leading cybersecurity and assessment firm in Malaysia with extensive experience conducting the BNM assessment. The final report declares Jumio’s eKYC solution passed 100% of the criteria with zero findings.
Since establishing a presence in Asia Pacific in 2018, Jumio has helped organisations across the region meet stringent identity verification and compliance standards. This latest achievement reflects Jumio’s experience supporting regulated banks and fintechs throughout Asia Pacific and globally.
“Passing the BNM independent assessment with zero findings is a major milestone and a strong validation of our identity verification, facial recognition, and liveness capabilities,” said Ee Khoon Oon, Jumio VP and managing director, APAC. “Banks and fintechs in Malaysia who choose Jumio as their eKYC solution can onboard customers faster, meet or exceed AML expectations, and operate confidently under Malaysia’s evolving digital ID framework.”
To learn more about Jumio’s security certifications and support for regulatory compliance, visit jumio.com.
About Jumio
Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.
Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.
Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
For more information, please visit www.jumio.com.
Since establishing a presence in Asia Pacific in 2018, Jumio has helped organisations across the region meet stringent identity verification and compliance standards. This latest achievement reflects Jumio’s experience supporting regulated banks and fintechs throughout Asia Pacific and globally.
“Passing the BNM independent assessment with zero findings is a major milestone and a strong validation of our identity verification, facial recognition, and liveness capabilities,” said Ee Khoon Oon, Jumio VP and managing director, APAC. “Banks and fintechs in Malaysia who choose Jumio as their eKYC solution can onboard customers faster, meet or exceed AML expectations, and operate confidently under Malaysia’s evolving digital ID framework.”
To learn more about Jumio’s security certifications and support for regulatory compliance, visit jumio.com.
About Jumio
Jumio helps organizations to know and trust their customers online. From account opening to ongoing monitoring, the Jumio Platform provides AI-powered identity intelligence anchored in biometric authentication, automation and data-driven insights to accurately establish, maintain and reassert trust.
Leveraging powerful automated technology including biometric screening, AI/machine learning, liveness detection and no-code orchestration with hundreds of data sources, Jumio helps to fight fraud and financial crime, onboard customers faster and meet regulatory compliance including KYC and AML. Jumio has processed more than 1 billion transactions spanning over 200 countries and territories from real-time web and mobile transactions.
Based in Sunnyvale, California, Jumio operates globally with offices and representation in North America, Latin America, Europe, Asia Pacific, and the Middle East, and has been the recipient of numerous awards for innovation. Jumio is backed by Centana Growth Partners, Great Hill Partners and Millennium Technology Value Partners.
For more information, please visit www.jumio.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260324415645/en/
Contact
Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504
Source : Jumio
--BERNAMA
Contact
Media Contact
Luke Nazir
FINN Partners
Luke.Nazir@finnpartners.com
+65 8139 2504
Source : Jumio
--BERNAMA
Meltwater Named to G2’s 2026 Best Software Awards
Meltwater maintains #1 rankings in media monitoring, PR analytics, and media and influencer targeting
SAN FRANCISCO, March 24 (Bernama-GLOBE NEWSWIRE) -- Meltwater, a global leader in media, social, and consumer intelligence, today announced it has been named to G2’s 2026 Best Software Awards. Presented annually by G2, the world’s largest and most trusted software marketplace reaching more than 100 million buyers each year, the awards recognize the top 50 software companies and products based on verified, authentic user reviews.
In addition to the Best Software Awards, Meltwater has held the #1 ranking in G2’s seasonal review reports for the past several years in media monitoring, PR analytics, and media & influencer targeting.
G2 Acknowledgement Signals Market Leadership in Media Intelligence
G2’s Best Software Awards rank software vendors using a proprietary algorithm based on verified user reviews and publicly available market presence data. Meltwater’s recognition reflects consistent customer satisfaction and measurable performance across core product categories. As software discovery increasingly relies on peer validation and AI-driven search, verified customer feedback plays a critical role in purchasing decisions. With more than 100 million annual buyers, G2 serves as a trusted source for evaluating performance and credibility.
Meltwater’s G2 Recognition Validates Customer Impact
“Recognition from G2 carries particular significance because it comes directly from the voices of our customers,” said John Box, Chief Executive Officer at Meltwater. “Earning a spot on G2’s Best Software Awards, and continuing to lead in the categories that matter most to PR, comms and marketing teams, reinforces that we’re helping our customers cut through complexity, prove ROI, and make smarter decisions every day.”
“As buyers increasingly shift to AI-driven research to discover software solutions, being recommended in the ‘answer moment’ must be earned with credible proof,” said Godard Abel, co-founder and CEO at G2. “Our Best Software Awards are grounded in trusted data from authentic customer reviews. They not only give buyers an objective, reliable guide to the products that help teams do their best work, but they’re also the proof AI search platforms rely on when sourcing answers. Congratulations to this year’s winners, including Meltwater. Earning a spot on these lists signals real customer impact.”
For more information, please contact:
Stacy Slayden
Communications Manager
pr@meltwater.com
About Meltwater
Meltwater empowers companies with a suite of solutions that spans media, social and consumer intelligence. By analyzing ~1 billion pieces of content each day and transforming them into vital insights, Meltwater unlocks the competitive edge needed to drive results. With 27,000 global customers, 50 offices across six continents, and 2,200 employees, Meltwater is the industry partner of choice for global brands making an impact. Learn more at meltwater.com.
About G2’s Best Software Awards
G2’s 2026 Best Software Awards feature dozens of award lists, ranking software vendors and products using G2’s proprietary algorithm. The results are based on G2’s verified user reviews and publicly available market presence data. To be eligible for the Best Software Awards, a software company or product must have received at least 10 approved reviews during the 2025 calendar year. Scores reflect only data from reviews submitted during this evaluation period.
About G2
G2 is the world's largest and most trusted software marketplace. More than 100 million people annually — including employees at all Fortune 500 companies — use G2 to make smarter software decisions based on authentic peer reviews. Thousands of software and services companies of all sizes partner with G2 to build their reputation and grow their business — including Salesforce, HubSpot, Zoom, and Adobe. To learn more about where you go for software, visit www.g2.com and follow G2 on LinkedIn.
SOURCE: Meltwater
--BERNAMA
SAN FRANCISCO, March 24 (Bernama-GLOBE NEWSWIRE) -- Meltwater, a global leader in media, social, and consumer intelligence, today announced it has been named to G2’s 2026 Best Software Awards. Presented annually by G2, the world’s largest and most trusted software marketplace reaching more than 100 million buyers each year, the awards recognize the top 50 software companies and products based on verified, authentic user reviews.
In addition to the Best Software Awards, Meltwater has held the #1 ranking in G2’s seasonal review reports for the past several years in media monitoring, PR analytics, and media & influencer targeting.
G2 Acknowledgement Signals Market Leadership in Media Intelligence
G2’s Best Software Awards rank software vendors using a proprietary algorithm based on verified user reviews and publicly available market presence data. Meltwater’s recognition reflects consistent customer satisfaction and measurable performance across core product categories. As software discovery increasingly relies on peer validation and AI-driven search, verified customer feedback plays a critical role in purchasing decisions. With more than 100 million annual buyers, G2 serves as a trusted source for evaluating performance and credibility.
Meltwater’s G2 Recognition Validates Customer Impact
“Recognition from G2 carries particular significance because it comes directly from the voices of our customers,” said John Box, Chief Executive Officer at Meltwater. “Earning a spot on G2’s Best Software Awards, and continuing to lead in the categories that matter most to PR, comms and marketing teams, reinforces that we’re helping our customers cut through complexity, prove ROI, and make smarter decisions every day.”
“As buyers increasingly shift to AI-driven research to discover software solutions, being recommended in the ‘answer moment’ must be earned with credible proof,” said Godard Abel, co-founder and CEO at G2. “Our Best Software Awards are grounded in trusted data from authentic customer reviews. They not only give buyers an objective, reliable guide to the products that help teams do their best work, but they’re also the proof AI search platforms rely on when sourcing answers. Congratulations to this year’s winners, including Meltwater. Earning a spot on these lists signals real customer impact.”
For more information, please contact:
Stacy Slayden
Communications Manager
pr@meltwater.com
About Meltwater
Meltwater empowers companies with a suite of solutions that spans media, social and consumer intelligence. By analyzing ~1 billion pieces of content each day and transforming them into vital insights, Meltwater unlocks the competitive edge needed to drive results. With 27,000 global customers, 50 offices across six continents, and 2,200 employees, Meltwater is the industry partner of choice for global brands making an impact. Learn more at meltwater.com.
About G2’s Best Software Awards
G2’s 2026 Best Software Awards feature dozens of award lists, ranking software vendors and products using G2’s proprietary algorithm. The results are based on G2’s verified user reviews and publicly available market presence data. To be eligible for the Best Software Awards, a software company or product must have received at least 10 approved reviews during the 2025 calendar year. Scores reflect only data from reviews submitted during this evaluation period.
About G2
G2 is the world's largest and most trusted software marketplace. More than 100 million people annually — including employees at all Fortune 500 companies — use G2 to make smarter software decisions based on authentic peer reviews. Thousands of software and services companies of all sizes partner with G2 to build their reputation and grow their business — including Salesforce, HubSpot, Zoom, and Adobe. To learn more about where you go for software, visit www.g2.com and follow G2 on LinkedIn.
SOURCE: Meltwater
--BERNAMA
Thursday, March 26, 2026
AM BEST AFFIRMS EXCELLENT RATINGS OF NAN SHAN GENERAL
KUALA LUMPUR, March 27 (Bernama) -- AM Best has affirmed the financial strength rating of A- (Excellent) and the long-term issuer credit rating of “a-” (Excellent) of Taiwan’s Nan Shan General Insurance Co Ltd (Nan Shan General), with a stable outlook.
In a statement, AM Best said the credit ratings (ratings) reflect Nan Shan General’s very strong balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management.
The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, improved to the strongest level at year-end 2025, supported by consistent earnings growth and partial profit retention.
AM Best expects the insurer to maintain its balance sheet strength over the medium term, backed by an insurance risk profile characterised by personal lines and small- to medium-sized commercial accounts, prudent investments and a sound reinsurance programme.
Operating performance remained favourable in 2025, driven by improved underwriting results and stable investment income. Premium growth has exceeded the industry average for three consecutive years, mainly driven by expansion in the voluntary motor, travel and commercial lines.
The insurer’s personal lines segment, accounting for about 74 per cent of its portfolio, benefited from positive underwriting margins, while its net operating expense and combined ratios edged down to 37.2 per cent and 90.0 per cent, respectively, representing the lowest levels for both metrics over the last five-year period. Return on equity remained at a double-digit level.
Investment performance also strengthened, supported by capital gains in equities and stable interest income from bonds. The company is expected to maintain a focus on domestic fixed-income securities with moderate equity exposure.
Nan Shan General benefits from its parent, Nan Shan Life Insurance Co Ltd (Nan Shan Life) through brand recognition, distribution support and capital backing, despite its relatively modest business scale.
-- BERNAMA
In a statement, AM Best said the credit ratings (ratings) reflect Nan Shan General’s very strong balance sheet strength, adequate operating performance, neutral business profile and appropriate enterprise risk management.
The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, improved to the strongest level at year-end 2025, supported by consistent earnings growth and partial profit retention.
AM Best expects the insurer to maintain its balance sheet strength over the medium term, backed by an insurance risk profile characterised by personal lines and small- to medium-sized commercial accounts, prudent investments and a sound reinsurance programme.
Operating performance remained favourable in 2025, driven by improved underwriting results and stable investment income. Premium growth has exceeded the industry average for three consecutive years, mainly driven by expansion in the voluntary motor, travel and commercial lines.
The insurer’s personal lines segment, accounting for about 74 per cent of its portfolio, benefited from positive underwriting margins, while its net operating expense and combined ratios edged down to 37.2 per cent and 90.0 per cent, respectively, representing the lowest levels for both metrics over the last five-year period. Return on equity remained at a double-digit level.
Investment performance also strengthened, supported by capital gains in equities and stable interest income from bonds. The company is expected to maintain a focus on domestic fixed-income securities with moderate equity exposure.
Nan Shan General benefits from its parent, Nan Shan Life Insurance Co Ltd (Nan Shan Life) through brand recognition, distribution support and capital backing, despite its relatively modest business scale.
-- BERNAMA
AM Best Assigns Credit Ratings to GUNA Re
HONG KONG, March 24 (Bernama-BUSINESS WIRE) -- AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to GUNA Re (Cayman Islands). The outlook assigned to these Credit Ratings (ratings) is stable.
The ratings reflect GUNA Re’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.
GUNA Re was established in February 2026 in the Cayman Islands as a new single-parent captive for ITOCHU Corporation (ITOCHU) with a plan for all existing businesses to be novated from NEWGT Reinsurance Company, Ltd., which is the existing captive insurer of ITOCHU in Bermuda. The re-domiciliation is being undertaken to support the expansion of third-party business. ITOCHU is one of the largest general trading companies in Japan.
GUNA Re’s balance sheet strength assessment reflects the strongest level of projected risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), which is based on the company’s business plan. Although GUNA Re’s underwriting risks stemming from anticipated business expansion are likely to remain a predominantly capital consumption factor, AM Best notes that management intends to carefully monitor and control the pace of business expansion with appropriate capital management to maintain the company’s current level of risk-adjusted capitalisation. The assessment is further supported by GUNA Re’s projected conservative investment strategies and low dependence on retrocession.
GUNA Re’s adequate operating performance assessment reflects the expectation that it will achieve overall profitable results based on its business plan, which projects low double-digit return-on-equity (ROE) and favourable combined ratios for the next five years. The company anticipates moderate growth in gross written premium and underwriting profits over the next five years. While the operating performance will be mainly supported by the expansion of third-party business, the ITOCHU-related captive business will remain a steady contributor.
Although the third-party business expansion may lead to some erosion of underwriting control for GUNA Re compared to its group-related captive business, AM Best notes that the expansion includes growth of businesses sourced through the parent’s global relationships and affiliated channels, which could partially mitigate the potential risk. Overall, GUNA Re’s core business objective as a captive insurer and its several competitive advantages including strict governance of the group, and cautious and selective underwriting management remain the same.
Negative rating actions could occur if GUNA Re’s aggressive expansion into third-party business leads to a deterioration in its business profile, driven by stronger competition and reduced underwriting control inherent to a traditional single-parent captive business model. Negative rating actions also could arise if there is a material decline in its risk-adjusted capitalisation such as from heightened underwriting risk due to an aggressive business expansion or an excessive dividend payout to its ultimate parent. Additionally, negative rating actions could occur if there is significant deterioration in ITOCHU’s credit profile.
Although unlikely in the near term, positive rating actions could occur if GUNA Re demonstrates sustainable improvement in its underwriting and operating profitability for a period of time, while maintaining a robust level of risk-adjusted capitalisation.
AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
The ratings reflect GUNA Re’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.
GUNA Re was established in February 2026 in the Cayman Islands as a new single-parent captive for ITOCHU Corporation (ITOCHU) with a plan for all existing businesses to be novated from NEWGT Reinsurance Company, Ltd., which is the existing captive insurer of ITOCHU in Bermuda. The re-domiciliation is being undertaken to support the expansion of third-party business. ITOCHU is one of the largest general trading companies in Japan.
GUNA Re’s balance sheet strength assessment reflects the strongest level of projected risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), which is based on the company’s business plan. Although GUNA Re’s underwriting risks stemming from anticipated business expansion are likely to remain a predominantly capital consumption factor, AM Best notes that management intends to carefully monitor and control the pace of business expansion with appropriate capital management to maintain the company’s current level of risk-adjusted capitalisation. The assessment is further supported by GUNA Re’s projected conservative investment strategies and low dependence on retrocession.
GUNA Re’s adequate operating performance assessment reflects the expectation that it will achieve overall profitable results based on its business plan, which projects low double-digit return-on-equity (ROE) and favourable combined ratios for the next five years. The company anticipates moderate growth in gross written premium and underwriting profits over the next five years. While the operating performance will be mainly supported by the expansion of third-party business, the ITOCHU-related captive business will remain a steady contributor.
Although the third-party business expansion may lead to some erosion of underwriting control for GUNA Re compared to its group-related captive business, AM Best notes that the expansion includes growth of businesses sourced through the parent’s global relationships and affiliated channels, which could partially mitigate the potential risk. Overall, GUNA Re’s core business objective as a captive insurer and its several competitive advantages including strict governance of the group, and cautious and selective underwriting management remain the same.
Negative rating actions could occur if GUNA Re’s aggressive expansion into third-party business leads to a deterioration in its business profile, driven by stronger competition and reduced underwriting control inherent to a traditional single-parent captive business model. Negative rating actions also could arise if there is a material decline in its risk-adjusted capitalisation such as from heightened underwriting risk due to an aggressive business expansion or an excessive dividend payout to its ultimate parent. Additionally, negative rating actions could occur if there is significant deterioration in ITOCHU’s credit profile.
Although unlikely in the near term, positive rating actions could occur if GUNA Re demonstrates sustainable improvement in its underwriting and operating profitability for a period of time, while maintaining a robust level of risk-adjusted capitalisation.
AM Best remains the leading rating agency of alternative risk transfer entities, with more than 200 such vehicles rated throughout the world. For current Best’s Credit Ratings and independent data on the captive and alternative risk transfer insurance market, please visit www.ambest.com/captive.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.
AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.
Copyright © 2026 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260320614897/en/
Contact
Minji Cha
Financial Analyst
+852 2827 3424
minji.cha@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Charles Chiang
Senior Financial Analyst
+852 2827 3427
charles.chiang@ambest.com
Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com
Source : AM Best
--BERNAMA
Contact
Minji Cha
Financial Analyst
+852 2827 3424
minji.cha@ambest.com
Christopher Sharkey
Associate Director, Public Relations
+1 908 882 2310
christopher.sharkey@ambest.com
Charles Chiang
Senior Financial Analyst
+852 2827 3427
charles.chiang@ambest.com
Al Slavin
Senior Public Relations Specialist
+1 908 882 2318
al.slavin@ambest.com
Source : AM Best
--BERNAMA
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