DUBAI, United Arab Emirates-Wednesday 28 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- International General Insurance Holdings Limited today reported earnings for the first half of 2019.

IGI reported a net profit of $13.75 million for the first six months of 2019, compared to $11.02 million last year, and a 12.2% rise in gross written premiums from $165.87 million in June 2018 to $186.12 million in June 2019.

The Group recorded an overall underwriting profit of $25.88 million for the six months ending 30 June 2019, which reflected a 9% increase from the 2018 result of $23.75 million.

IGI reported growth in most major lines of business, with Casualty, Engineering, Ports & Terminals and Financial Lines contributing the most in dollar growth.

Annualized return on equity for the period ended 30 June 2019 came in at 8.7%, compared to 7.2% for the same time period in 2018. IGI’s book value per share has grown to $2.358 at the end of June ... Read more »

CULVER CITY, Calif. & NEW YORK-Wednesday 28 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Amazon Prime Video presents the highly anticipated second annual Savage X Fenty Show, a runway show celebrating the new Fall/Winter 2019 collection from music and fashion icon Rihanna. The extraordinary fashion experience will take place during New York Fashion Week in conjunction with NYFW: The Shows and will feature a combination of models, actors and dancers wearing the latest savage styles, offering up a new type of sexy, where attitude meets individuality. Savage X Fenty Show will stream exclusively on Amazon Prime Video in more than 200 countries and territories worldwide beginning Friday, September 20.

As a follow up to last year’s ground-breaking event, this year’s Savage X Fenty Show is raising the bar. The star-studded evening is set to be a radical departure from tradition, a one-of-a-kind event blending music, fashion and culture. With exciting surpri ... Read more »

Velodyne Sensors Deliver Industry-Leading Range and Resolution to Optimus Ride Fleet

SAN JOSE, Calif.-Wednesday 28 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Velodyne Lidar, Inc. today announced that Optimus Ride will use Velodyne’s groundbreaking lidar sensors in its entire fleet of self-driving vehicles. The sensors provide rich computer perception data that enables real-time object and free space detection for safe navigation and reliable operation. Optimus Ride, a leading self-driving vehicle technology company on a mission to transform mobility, will soon be operating its self-driving systems in four U.S. states.

 “Velodyne’s sensors provide powerful lidar solutions that help us ensure our self-driving vehicles are the smartest and safest on the road today,” said Dr. Ryan Chin, Optimus Ride’s CEO and co-founder. “For Optimus Ride to operate a fleet at SAE Level 4 requires significant sophistication, intelligenc ... Read more »

HOUSTON-Tuesday 27 August 2019 [ AETOS Wire ]

(BUSINESS WIRE) -- Schlumberger Limited (NYSE:SLB) will hold a conference call on October 18, 2019 to discuss the results for the third quarter ending September 30, 2019.

The conference call is scheduled to begin at 8:30 am US Eastern time and a press release regarding the results will be issued at 7:00 am US Eastern time.

To access the conference call, listeners should contact the Conference Call Operator at +1 (800) 288-8967 within North America or +1 (612) 333-4911 outside of North America approximately 10 minutes prior to the start of the call, and ask for the “Schlumberger Earnings Conference Call.”

A webcast of the conference call will be broadcast simultaneously at www.slb.com/irwebcast on a listen-only basis. Listeners should log in 15 minutes prior to the start of the call to test their browsers and register for the webcast. Following the end of the conference call, a replay will be av ... Read more »

•    The Ministry Of Foreign Affairs (MOFA) of Thailand awarded the DGM Consortium which includes Gemalto, a member of Thales Group, the contract to supply 15 million e-passports to its citizens over the next seven years.

•    This contract is one of the largest passport programmes for the Thales Group worldwide, and supports Thailand’s Ministry of Foreign Affairs in creating a technically-advanced, high-security travel document for its citizens.

•    By bringing superior standards of technology and enhancing local technical expertise, Thales aligns closely with the Government’s ‘Thailand 4.0’ initiative which aims to drive Thailand towards an innovation and value-based economy.

BANGKOK, Thailand-Tuesday 27 August 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- In 2018, the Thai Government launched ‘Thailand 4.0’ with a vision to develop Thailand into an innovative, ... Read more »

SAN FRANCISCO-Wednesday 28 August 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global and Amsterdam-based firm Taxture have reached a collaboration agreement, demonstrating strength in the global association’s continued growth throughout Europe.

Founded a decade ago by partners with roots in major law firms and the Big Four accounting firms, Taxture’s 45 professionals provide tax advisory and tax compliance services for domestic and international clients. In addition, the firm offers legal and notarial services to clients.

“I started my career 20 years ago at Arthur Andersen, so my values of transparency and stewardship are already well-aligned with Andersen Global’s core values,” said Ferruh Tarik Tigli, Taxture Office Managing Director. “Our drive to focus on tailored client service principles and expertise sets us apart from the competition. We look forward to collaborating together with Andersen Global to continue to ... Read more »

SAN FRANCISCO-Friday 23 August 2019 [ AETOS Wire ]

(BUSINESS WIRE)-- Andersen Global is proud to announce a collaboration agreement with a law firm in Colombia. Bogotá D.C.- based Jiménez, Higuita, Rodríguez & Asociados (JHR Corp.) is the first firm with which Andersen Global has developed a presence in the country. Colombia is the tenth country in Latin America in which Andersen Global has a presence with nearly 900 total professionals in the region.

JHR, founded in 2017, employs approximately 50 legal and tax professionals, each with deep legal experience within accounting. JHR provides services to national and foreign companies, both private and public, and specializes in tax, customs, and exchange law.

“We are a young firm, but we have a desire to be the very best in Colombia,” said Julián Jiménez Mejía, JHR Office Managing Director. “That drive has enabled us to grow so quickly and double our size in just two years. Our ambitions fo ... Read more »

Dubai, United Arab Emirates-Tuesday 27 August 2019 [ AETOS Wire ]

Beyontec Solutions, an end-to-end technology solutions provider focused on the global Insurance industry, recently entered into a strategic partnership with Braxtone, a leading provider of recovery and professional services for insurance, to offer a comprehensive automated motor claims recovery solution for insurance companies in Bahrain and the United Arab Emirates.

Intra-company claims recovery has had a significant impact on the insurance business due to highly manual, people dependant, time-consuming and non-transparent recovery process adopted by insurers. This often led to missed opportunities for recovery with substantial implications on the insurer’s overall profitability. The Beyontec and Braxtone partnership is strategically aligned to address the claims recovery challenge faced by the industry and minimise missed recovery opportunities and reduce loss costs.

With more than two ... Read more »