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

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

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.

 
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 

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


Table
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/
 
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.

 
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 

​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 monitoringPR 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

​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.

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 

CARTA EXPANDS ASIA NETWORK WITH NEW HONG KONG HUB

KUALA LUMPUR, March 26 (Bernama) -- Carta, the world’s first fully interconnected system for private capital, has announced the opening of its Hong Kong office.

The new office anchors a dual-hub network in Asia—alongside the existing Singapore regional headquarters—to modernise Hong Kong’s US$240 billion private markets ecosystem. (US$1=RM3.95)

“For years, we have watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Carta Managing Director, Asia Pacific, Middle East, and Africa, Bhavik Vashi in a statement.

Vashi added that the Hong Kong hub will meet fund managers where they are, providing the modern infrastructure needed to manage the next generation of Asian capital with confidence.

This expansion establishes a seamless operating corridor for fund managers across Asia’s most dynamic capital centres. While Singapore anchors activity across Asia Pacific, the Middle East, and Africa, the Hong Kong office is strategically positioned to provide infrastructure for general partners (GPs) and limited partners (LPs) operating across the Greater Bay Area (GBA).

The timing aligns with Hong Kong’s return as a capital hub. As the region’s second-largest private markets hub, Hong Kong’s return to the #1 spot for initial public offering (IPO) activity has generated a significant wave of liquidity, driving strong demand for modern infrastructure across the private capital ecosystem.

The Hong Kong office launches with a team of professionals specialising in sales, marketing, customer experience, and fund administration. The team will provide end-to-end investment lifecycle services, including fund formation, capital calls, and automated waterfall modelling, all tailored to the local market, with support available in Cantonese, Mandarin, and English.

This expansion formalises Carta’s long-standing involvement in the city’s institutional ecosystem. Having participated in major industry forums like the HKVCA’s Asia Private Equity Forum (APEF) and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta is transitioning from an ecosystem participant to a permanent local partner for firms in the GBA.

Hong Kong marks Carta’s 15th office worldwide, further cementing its commitment to serving the full spectrum of private capital participants—from emerging managers to established multi-billion dollar platforms—across its network, which also includes Singapore, Abu Dhabi, and Sydney.

-- BERNAMA

​Carta Opens Hong Kong Office, Establishes Dual-Hub Asia Network to Modernize the City’s $240B Private Markets Ecosystem

HONG KONG, March 26 (Bernama-BUSINESS WIRE) -- Carta, the world’s first fully interconnected system for private capital, today announced its Hong Kong office, anchoring a dual-hub network to modernize the city’s $240 billion private markets ecosystem. Together with Carta’s Singapore regional headquarters – opened in 2021 and recently expanded – the new office creates a seamless operating corridor for fund managers across Asia’s most dynamic capital centers.

While Singapore anchors activity across Asia Pacific, Middle East, and Africa, the Hong Kong office provides the infrastructure necessary for general partners (GPs) and limited partners (LPs) to operate seamlessly across the Greater Bay Area (GBA), with access to world-class infrastructure across the HK-SG axis while maintaining localized expertise across the markets.

“For years, we’ve watched the Hong Kong-Singapore corridor emerge as the primary route for private capital in Asia,” said Bhavik Vashi, Managing Director, Asia Pacific, Middle East, and Africa at Carta. “Opening Carta’s Hong Kong hub allows us to meet fund managers where they are, providing the modern infrastructure they need to manage the next generation of Asian capital with confidence.”

Why Now? Hong Kong's Return as a Capital Hub

As the region’s second-largest private markets hub managing $240 billion in assets, Hong Kong’s return to the #1 spot for IPO activity has triggered a massive wave of liquidity, creating strong demand for modern infrastructure across the entire private capital ecosystem.

The Hong Kong office launches with a team of professionals across sales, marketing, customer experience, and fund administration. Together, they will provide end-to-end investment lifecycle services – from fund formation and capital calls to automated waterfall modeling – tailored to the nuances of the local market, with support available in Cantonese, Mandarin, and English.

The expansion formalizes years of active involvement in Hong Kong’s institutional ecosystem. As a participant in major industry forums, including HKVCA’s Asia Private Equity Forum (APEF) and the Asia Venture Capital Journal (AVCJ) Private Equity Forum, Carta has regularly convened regional fund managers, LPs, and other ecosystem stakeholders to discuss operational best practices and emerging trends in private markets infrastructure in the region. The new physical presence allows Carta to transition from an ecosystem participant to a permanent local partner for firms in the Greater Bay Area.

With offices spanning Singapore, Hong Kong, Abu Dhabi, and Sydney, Carta now serves the full spectrum of private capital participants across the regions – from emerging managers to established multi-billion dollar platforms. Hong Kong marks Carta’s fifteenth office worldwide.

About Carta

Carta is the ERP for private capital, connecting the entire ecosystem – from GPs and LPs to CEOs, CFOs, employees, and advisors. Trusted by 50,000 companies in 160+ countries, our platform streamlines every ownership workflow, making it easier to understand, manage, and grow equity. With software and services built to scale, Carta empowers you to build, invest, and grow with confidence. Carta’s Fund Administration platform supports 9,000 funds and SPVs, representing $203B+ in assets under management, with tools designed to enhance the strategic impact of fund CFOs. Recognized by Fortune, Forbes, Fast Company, Inc. and Great Places to Work, Carta is transforming how private capital operates.
For more information, visit carta.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20260325065950/en/

Contact

Media Contact:
Name: Stephanie Yeo
Email: stephanie.yeo@carta.com

Source : Carta

--BERNAMA

Bitget Brings Trading to the Track with MotoGP Brazil Activation and Smarter Speed Challenge

 VICTORIA, Seychelles, March 26 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), marked the opening of the 2026 MotoGP™ season in Brazil with an on-site activation and the expansion of its Smarter Speed Challenge mini-game, blending trading concepts with motorsport experiences.


The Brazilian Grand Prix, held from March 20-22 at the Autódromo Internacional Ayrton Senna in Goiânia, represents Bitget’s first sponsored MotoGP event in South America. Following activations across Italy, Germany, Catalunya, and Indonesia in 2025, the latest stop signals a continued focus on engaging new audiences in growing markets.

At the circuit, Bitget introduced a two-storey innovation fan booth designed to connect trading with interactive experiences. Visitors engaged with racing simulators, a VR racing game, and immersive installations, while also exploring how different asset classes can be approached within a unified trading environment. A branded VIP lounge offered an exclusive setting for partners and clients, alongside trackside visibility through circuit branding and global broadcast placements.

The activation extended beyond the physical venue through the Smarter Speed Challenge mini-game, which reimagines trading as a racing experience. In the game, assets such as cryptocurrencies, U.S. stocks and gold are represented as race tracks and collectible objectives, translating market concepts into a more intuitive and interactive format.

Since its launch on March 2, the mini-game has attracted approximately 100,000 participants, with a prize pool exceeding 120,000 USDT. Designed to bridge Web2 and Web3 audiences, the experience allows both traders and motorsport fans to engage with Bitget’s “one-stop trading” concept in a more accessible way. A limited-time in-game feature introduced during the Brazil Grand Prix offers additional rewards tied to the event.

“The way people engage with markets is evolving, and experiences play a bigger role in that shift,” said Gracy Chen, CEO of Bitget. “Bringing trading concepts into familiar environments like sports allows more people to understand and explore them in a natural way.”

The Smarter Speed Challenge reflects Bitget’s broader Universal Exchange strategy, where crypto and traditional financial assets coexist within a single platform. By translating these markets into interactive formats, Bitget is expanding how users discover and approach trading opportunities across asset classes.

While the Brazil Grand Prix marked the start of the 2026 season, the Smarter Speed Challenge continues beyond the track, with ongoing rewards and future activations planned alongside upcoming races.

To participate in the Smarter Speed Challenge, please visit here.

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.

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3c942fa7-a221-43fc-a762-55c73d41b535
https://www.globenewswire.com/NewsRoom/AttachmentNg/756c86be-8d07-484a-bf97-a7c71d46771b
https://www.globenewswire.com/NewsRoom/AttachmentNg/d67ce25d-ecc8-474c-93c0-0ffb6a74d8f9

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