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AM Best Revises Issuer Credit Rating Outlook to Positive for Credit Ratings of W. R. Berkley Corporation and Its Subsidiaries Jun 6, 2024 05:43PM

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has revised the outlooks to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and Long-Term Issue Ratings (Long-Term IRs) and affirmed the Long-Term ICR of “a-” (Excellent) of W. R. Berkley Corporation (W. R. Berkley) (Greenwich, CT) [NYSE: WRB] and all associated Long-Term IRs and indicative Long-Term IRs for securities issued by W. R. Berkley. At the same time, AM Best has revised the outlooks... (continue reading...)


Rising Tides: Infinity Water Solutions Names Whitney Dobson Chief Operations Officer Jun 6, 2024 05:38PM

Industry Veteran Tapped To Bring A Wave of Operational Excellence During Expansion

AUSTIN, Texas--(BUSINESS WIRE)-- Infinity Water Solutions (Infinity), an energy-based sustainability, technology and water management company, is thrilled to announce the appointment of Whitney Dobson as Chief Operations Officer (COO) effective immediately. With more than 15 years of industry experience, Dobson is a recognized leader in produced water management, specifically when... (continue reading...)


AM Best Revises Issuer Credit Rating Outlook to Positive for Berkley International Seguros Mexico S.A. Jun 6, 2024 05:35PM

MEXICO CITY--(BUSINESS WIRE)-- AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A+ (Superior), the Long-Term ICR of “aa-” (Superior) and the Mexico National Scale Rating (NSR) of “aaa.MX” (Exceptional) of Berkley International Seguros Mexico S.A. (BSM) (Mexico City, Mexico). The outlook of the FSR and NSR is stable.

BSM is a member of W. R.... (continue reading...)


EdVentures and Mastercard Foundation Partner to Boost Egypt's EdTech Startup Scene Jun 6, 2024 05:32PM

CAIRO--(BUSINESS WIRE)-- EdVentures, the investment arm of Nahdet Misr Group and a leading EdTech venture capital firm in the MENA region, has announced a five-year partnership with the Mastercard Foundation to launch the Mastercard Foundation EdTech Fellowship in Egypt. This initiative aims to transform the African EdTech sector through digital innovation, inclusivity and youth empowerment, promising significant impact on Egypt's educational, IT, and economic... (continue reading...)


Frontier Announces $750 Million Fiber Securitization Offering Jun 6, 2024 05:29PM

DALLAS--(BUSINESS WIRE)-- Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced that a limited-purpose, bankruptcy remote, indirect subsidiary of the Company has priced $750 million aggregate principal amount of secured fiber network revenue term notes, consisting of $530 million 6.3% Series 2024-1, Class A-2 term notes, $73 million 7.1% Series 2024-1, Class B term notes and $147 million 11.4% Series 2024-1, Class... (continue reading...)


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