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Pra’s Ratings Affirmed By A.m. Best

Posco Rating Lowered by Fitch as High Debt Cuts Credit Metrics

The [link] rating affirmation on the holding company came on the back of ProAssurances strong portfolio and risk-adjusted capital and robust operating leverage. Moreover, A.M. Best commended the companys conservative reserving practices and legal defense and claims handling capacity. ProAssurance has a strong market presence in the medical professional liability space, legal professional liability line of business and life sciences and medical device liability space that also contributed positively to the ratings.
For the original version including any supplementary images or video, visit http://finance.yahoo.com/news/pras-ratings-affirmed-m-best-185003805.html

The steelmaker reported a slump in third-quarter profit in October and cut its 2013 sales forecast for a second time as slowing growth in China and recessions in Europe curbed steel demand, dragging down prices. Posco possesses a large portfolio of equity investments, valued at approximately 4 trillion South Korean won, part of which it can liquidate if needed, Laura Zhai, a Fitch analyst, said in the statement.
For the original version including any supplementary images or video, visit http://www.bloomberg.com/news/2013-12-23/posco-rating-lowered-by-fitch-as-high-debt-cuts-credit-metrics.html


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Finance Ministry Issues Reminder On Gst Voucher Sign-up

Singaporeans who are eligible for the GST Voucher – Cash and GST Voucher – Medisave but have yet to sign up for it are reminded to do so by 31 December 2013. Caption SINGAPORE: Singaporeans who are eligible for the GST Voucher – Cash and GST Voucher – Medisave but have yet to sign up for it are reminded to do so by 31 December 2013. In a statement on Monday, the Finance Ministry also said those affected would have received reminder letters from the government from 29 November.
For the original version including any supplementary images or video, auto financing for bad credit visit http://www.channelnewsasia.com/news/singapore/finance-ministry-issues/906702.html