Newpoint Financial Group
LONDON, UK / ACCESSWIRE June 6, 2023 / NFG SARL ("NFG"), an Investment Holding Company based out of Geneva has announced today that its wholly owned subsidiary, Newpoint Reinsurance Company Limited ("Newpoint RE"), has been assigned an investment grade Long-Term Issuer Credit Rating of "BBB-" (Good) from global credit rating agency, AM Best, effective May 30, 2023.
The report further recognizes that Newpoint RE's balance sheet is Very Strong (the highest level) with a Stable outlook assigned to these ratings.
Newpoint RE is a (re) insurance company that underwrites with an entrepreneurial mindset and an international outlook. It has built and maintained, over 5 years of operation, a reputation for service and commitment in its obligations to its long-term clients.
The positive rating is affirmation to the stature of Newpoint RE and its business model. A model that is framed by its independence, deep expertise in sustainable risk and the long-term view in business partnerships.
The rating means that companies and organizations who require credit-rated paper will now have access to Newpoint RE's capacity.
Congratulations go to the talented team at NewpointRE for this milestone.
To view the original AM Best report, please click here.
About NFG SARL
NFG SARL, is a global diversified investment holding group which operates across multiple business units including insurance, reinsurance, insurance services, specialty risk and finance, asset management, energy, infrastructure, trade finance and banking with operations located throughout Europe, United States, the Caribbean, Asia and Africa. For more information, please visit our website at: www.nfgsarl.ch
About Newpoint Reinsurance Company Limited
Newpoint Reinsurance Company Limited, (NPRE) is a licensed (Re) Insurance Company headquartered in the Island of Nevis (Isles & federation of St Kitts & Nevis). As the largest reinsurance company based in Nevis, it provides an array of reinsurance products services to a global client base. For more information, please visit our website at: www.npre.kn
Forward-Looking Statement Disclaimer
This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," " intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the company cautions investors that actual results may differ materially from the anticipated results.
Contact:
NAME: Charlotte Green
EMAIL: charlotte@newpointeurope.com
NFG Sarl
+44 (0) 203 983 3304
SOURCE: Newpoint Financial Group
View source version on accesswire.com:
https://www.accesswire.com/759336/NFG-Announces-AM-Best-Assignment-of-its-Credit-Rating-to-Newpoint-Reinsurance-Company-Ltd
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
About ACCESS Newswire
Subscribe to releases from ACCESS Newswire
Subscribe to all the latest releases from ACCESS Newswire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESS Newswire
Preservica Launches New AI in Archiving & Digital Preservation Workshop Series1.10.2025 15:00:00 CEST | Press release
OXFORD, UK AND BOSTON, MA / ACCESS Newswire / October 1, 2025 / Preservica, the leader in AI-powered Active Digital Preservation™, is proud to announce the launch of a new AI in Archiving & Digital Preservation - Practitioner Workshop Series. The program is designed to enable archivists, records managers and information professionals to learn, explore and be part of actively shaping the safe and effective use of human-centric AI assistance for archival enrichment, information capture, long-term preservation and enhanced discovery. Led by Preservica's expert Product team and featuring guest speakers from across the industry, the series offers a unique opportunity for participants to: Build practical skills in applying AI with human oversight Collaborate and learn from peers and real-world best practices Experience AI in action and provide feedback on emerging tools Gain control and confidence in how and where AI is applied Over the course of the Series, individual workshops will explore
Innodata to Host Exclusive GenAI Summit in San Francisco October 9, 20251.10.2025 14:30:00 CEST | Press release
Event to be elite gathering of enterprise AI leaders, executives, and innovators charting the path of generative AI NEW YORK, NY / ACCESS Newswire / October 1, 2025 / INNODATA INC. (Nasdaq:INOD), a global data engineering company, today announced it will host the Innodata GenAI Summit on October 9, 2025, at the Contemporary Jewish Museum in San Francisco, California. Designed exclusively for VP+ and C-suite leaders, the summit will bring together executives, AI pioneers, and enterprise innovators to explore how generative AI is transforming industries. The event will feature strategic sessions, executive panels, and curated networking opportunities, with zero vendor pitches and maximum strategic value. "The Innodata GenAI Summit is designed to be a premier executive experience for leaders shaping the future of enterprise AI," said Jack Abuhoff, CEO of Innodata. "We believe the summit will be an environment where decision-makers can share insights, build meaningful connections, and gain
Caldwell Expands Technology Practice with Addition of Jake Parish in London1.10.2025 11:00:00 CEST | Press release
TORONTO, ON AND LONDON, UK / ACCESS Newswire / October 1, 2025 / Retained executive search firm Caldwell (TSX:CWL)(OTCQX:CWLPF) today announced the addition of Jake Parish as a partner in the firm's London office, further strengthening its global Technology Practice. Parish is a seasoned executive search professional specializing in technology, data, and AI leaders. With more than a decade of experience building and scaling leadership teams for PE and VC-backed scaleups, pre-IPO innovators, and publicly listed businesses across the UK, Europe, and the US, he brings deep expertise across cybersecurity, SaaS, data, and fintech. He has a strong track record of board to VP-level appointments, including international expansion and post-acquisition leadership builds. "Jake is a dynamic and entrepreneurial leader with a proven ability to deliver transformative leadership solutions for high-growth technology companies," said Jim Bethmann, managing partner of Caldwell's Technology Practice. "Hi
Internexa Launches PoP at HostDime's Bogotá, Colombia Data Center30.9.2025 17:30:00 CEST | Press release
BOGOTÁ, CO / ACCESS Newswire / September 30, 2025 / HostDime, a global hyper-edge data center company, announced that InterNexa - one of the largest IP networks and fiber operators in Colombia - has deployed a Mega PoP inside HostDime's Tier IV certified data center in Bogotá, codenamed Nebula. InterNexa operates a 32,000+ km fiber optic network throughout Colombia, and with its backbone now on-net, Nebula is established as a premier interconnectivity hub. The facility provides fiber carriers, cloud providers, content providers, AI workloads, ISPs, OTTs, peering exchanges, and enterprises with ultra-low latency, high-capacity access into the Colombian market. This positions Nebula as one of the most interconnected data centers in the country. Customers in Nebula can now seamlessly tap into InterNexa's network, while InterNexa's clients gain access to Nebula's next-generation Tier IV infrastructure to expand in Colombia. This alliance also connects HostDime's 70,000-square-foot, purpose
Karbon-X Advances Alberta Solar Rewards Program to Expand Homeowner Access to Verified Carbon Credits30.9.2025 15:00:00 CEST | Press release
Program enables Alberta homeowners to monetize rooftop solar under the TIER framework. CALGARY, AB / ACCESS Newswire / September 30, 2025 / Karbon-X Corp. (OTCQX:KARX), a leader in end-to-end climate solutions, is advancing the development of the Alberta Solar Rewards Program in partnership with an Alberta-based solar provider. The initiative is designed to enable homeowners with rooftop solar systems to generate verified carbon credits under Alberta's Technology Innovation and Emissions Reduction (TIER) framework. The initiative addresses a longstanding gap in the regulated carbon market, where individual resident systems have traditionally lacked a compliant pathway to receive recognition or compensation for their emissions reductions. Through a streamlined process co-developed with its partner, Karbon-X facilitates secure data collection, validation, and credit issuance while its partner manages homeowner onboarding and engagement. "This is about democratizing the carbon market," sa
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom