Wednesday, September 4, 2019

​OUTBRAIN INTEGRATES WITH GOOGLE DISPLAY & VIDEO 360 TO STRENGTHEN PROGRAMMATIC OFFERINGS

NEW YORK, Sept 4 (Bernama-BUSINESS WIRE) -- Outbrain, the world’s leading discovery and native advertising feed for the open web, announced today the full launch of its integration with Google’s Demand-Side Platform (DSP), Display & Video 360 to give marketers greater ability to capitalize on the benefits of Outbrain’s unique native inventory at scale.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190904005099/en/

“Display & Video 360 gives our customers efficient access to buy Outbrain’s premium native inventory, further heightening our investment in both the programmatic space and innovative native solutions for marketers,” said Gilad de Vries, Senior Vice President of Strategy at Outbrain..

​TACONIC BIOSCIENCES PARTICIPATES IN SECOND RODENT RESEARCH REFERENCE MISSION TO THE INTERNATIONAL SPACE STATION

RENSSELAER, N.Y., Sept 4 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in providing genetically engineered animal model solutions, announces its participation in the second Rodent Research Reference mission to the International Space Station. 

Taconic has a history with NASA dating back to 1985. While previous NASA programs were collaborations with academic and/or commercial organizations to study a particular biological function to advance their own research, the RRR missions are agnostic. This project represents a direct collaboration between the International Space Station (ISS) National Lab, National Aeronautics and Space Administration (NASA), Bioserve Space Technologies with support from the Leidos Corporation, and Taconic. These research models are not tied to a specific study, but rather provide critical reference data to researchers beyond the space program, expanding their impact. ISS and Taconic solicited requests for proposals (RFPs) in March 2019 seeking scientists who would like to access the specimens from this mission.   

http://mrem.bernama.com/viewsm.php?idm=35383

Tuesday, September 3, 2019

AM Best downgrades credit ratings of Oriental Insurance Company Limited

KUALA LUMPUR, Aug 29 (Bernama) -- AM Best has downgraded the Financial Strength Rating (FSR) to B+ (good) from B++ (good) and the Long-Term Issuer Credit Rating (Long-Term ICR) to ‘bbb-’ from ‘bbb+’ of Oriental Insurance Company Limited (Oriental), India.

The outlook of the FSR has been revised to negative from stable, while the outlook of the Long-Term ICR remains negative.

The ratings reflect Oriental’s balance sheet strength, which AM Best categorised as very strong, marginal operating performance, neutral business profile and marginal enterprise risk management (ERM).

The rating downgrades follow a deterioration in AM Best’s view of Oriental’s operating performance and ERM fundamentals, according to a statement.

Oriental has recorded a sizeable underwriting loss of INR38 billion (US$549 million) in fiscal year 2019, equivalent to 32 per cent of its capital base in the prior year. (INR100 = RM5.87).

The marginal assessment on ERM reflects the company’s inability to control its underwriting performance, coupled with the negative impact on its balance sheet strength and earnings.

The negative outlooks reflect AM Best’s expectation that Oriental’s rating fundamentals may weaken further if the company is unable to stabilise its risk-adjusted capitalisation and operating performance over the near term.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. More information at www.ambest.com.

-- BERNAMA

​AM BEST AFFIRMS CREDIT RATINGS OF THE TOA REINSURANCE COMPANY, LIMITED AND ITS SUBSIDIARIES

HONG KONG, Sept 3 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” of The Toa Reinsurance Company, Limited (Toa Re) (Japan) and its subsidiaries, The Toa Reinsurance Company of America (TRA) (headquartered in Morristown, NJ) and The Toa 21st Century Reinsurance Company, Ltd. (TRE) (Switzerland). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect Toa Re’s balance sheet strength, which AM Best categorizes as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

http://mrem.bernama.com/viewsm.php?idm=35373

​CLOUDFLARE ANNOUNCES NEW BOARD MEMBERS

SAN FRANCISCO, Aug 30 (Bernama-BUSINESS WIRE) -- Cloudflare, a leading Internet security, performance, and reliability company, today announced two new appointments to its board of directors, Katrin Suder, the chair of the German Digital Council, and Mark Anderson, Chief Growth Officer at Anaplan.

“I’m honored to welcome Katrin and Mark to our board of directors,” said Matthew Prince, co-founder and CEO of Cloudflare. “Both of them have tremendously strong backgrounds and bring experience to our board that will be invaluable to the future of our company. I speak for our board when I say that we are all looking forward to working with them as we continue to help build a better Internet.”

http://mrem.bernama.com/viewsm.php?idm=35366

Sunday, September 1, 2019

AM Best affirms credit ratings of ACR Capital Holdings Pte Ltd, associated companies

KUALA LUMPUR, Aug 30 -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of ‘a-’ for Asia Capital Reinsurance Group Pte Ltd (Asia Capital Re), Singapore and its subsidiary, Asia Capital Reinsurance Malaysia Sdn Bhd (ACRM), Malaysia.

The rating agency also affirmed the Long-Term ICR of ‘bbb-’ of the holding company, ACR Capital Holdings Pte Ltd (ACR Holdings), Singapore.

The ratings of Asia Capital Re reflect its balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management (ERM).

Meanwhile, ACRM ratings reflect its balance sheet strength, which AM Best also categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate ERM.

Asia Capital Re’s balance sheet strength assessment is underpinned by risk-adjusted capitalisation that remains comfortably at the strongest level, as measured by Best’s Capital Adequacy Ratio.

This is supported by the company’s conservative capital management approach, low premium leverage and a good quality retrocession panel.

AM Best views Asia Capital Re’s business profile as neutral given its well-established profile as a regional reinsurer in Asia, as well as in other target markets.

More information at www.ambest.com.

-- BERNAMA

Friday, August 30, 2019

PubMatic receives IAB Tech Lab´s Open Measurement SDK compliance certification

KUALA LUMPUR, Aug 29 (Bernama) -- PubMatic, a premium digital technology company has achieved certification for IAB Tech Lab’s Open Measurement SDK Integration Validation Compliance (IVC) for Display ad formats.

“With this achievement, it is critical that we accelerate the growth of programmatic with more transparency, all which lead to the overall success of our in-app publisher and developer clients,” said PubMatic senior director (Product Management), Mike Chowla.

By supporting this initiative, PubMatic will help drive improved in-app viewability and verification to ensure quality and trust in this growing channel, according to a statement.

This certification comes in the midst of PubMatic’s continued commitment to enforcing industry quality and transparency initiatives such as the IAB Tech Lab’s App-ads.txt specification, Sellers.JSON and Supply Chain Object.

With the compliance certification, PubMatic continues to focus on driving more effective mobile advertising and helping advertisers realise the potential mobile can offer.

More information at https://pubmatic.com.

-- BERNAMA