ME Newswire / Businesswire NEW YORK - Wednesday, December 18th 2013 TransRe today announced that the UK’s Prudential Regulation Authority and Financial Conduct Authority have authorized TransRe London Limited to commence writing general reinsurance business with immediate effect. TransRe London Limited has received the financial strength rating of A+ and the counterparty credit rating of A+ from Standard & Poor’s. The outlook assigned to both ratings is stable. TransRe London Limited has received the financial strength rating of A (Excellent) and the issuer credit rating of a+ from A.M. Best. The outlook assigned to both ratings is stable. These ratings are the same as those assigned to Transatlantic Reinsurance Company, the parent company of TransRe London Limited. For all business enquiries, contact: Paul Bonny, Chief Executive Officer TransRe London Limited &
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RESEARCH TRIANGLE PARK, N.C. - Wednesday, December 18th 2013 [ME NewsWire] (BUSINESS WIRE)-- Quintiles announced today that Mr. Richard Relyea has been elected to its board of directors. Mr. Relyea was designated by equity investor 3i to fill a vacancy on the Quintiles Transnational Holdings Inc. board of directors. This comes as the result of Mr. Denis Ribon’s pending departure from 3i and resulting resignation from the Quintiles board. Pursuant to the Quintiles Transnational Holdings Inc. shareholders agreement, 3i retains the right to designate a replacement to the board. Prior to the Quintiles IPO, Mr. Relyea served as 3i’s observer to the Quintiles board. Mr. Relyea joined 3i in 2007 as a member of the North American Private Equity team. He has been involved in 3i’s investments in Mold Masters (Canada), Quintiles (US) and Hilite (Germany). Prior to joining 3i, Relyea was a principal at Halyard Capital where he invested in companies in the media, bus
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HOUSTON - Wednesday, December 18th 2013 [ME NewsWire] (BUSINESS WIRE)-- Katalyst, the industry’s leading E&P subsurface data management firm, announced today that it had acquired the UK tape transcription business from storage and information management company Iron Mountain. This acquisition, effective November 30th, brings Katalyst’s enhanced end-to-end services to oil and gas customers in the UK and Europe. Iron Mountain will retain all of their core services, including their highly secure storage and tape management services. Customers will now benefit from leading technology solutions for subsurface data management, including Katalyst’s iGlass and SeismicZone solutions. Under the agreement, Iron Mountain will retain 25 percent ownership in Katalyst Data Management. Perfect timing for end-to-end data management "We’re incredibly pleased and excited about this partnership,” said Katalyst President Steve Darnell. "We have made a substantial commitment
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Global Thought Leadership Survey Report Uncovers New Trends in Multichannel Strategy, Innovation, Social Media, and Technology & Process Changes PARIS - Wednesday, December 18th 2013 [ME NewsWire] (BUSINESS WIRE) Cegedim Relationship Management today announced the release of their latest thought leadership report, 2013 Global Life Sciences Insights, which offers an analysis of the results of a global survey of Life Sciences decision makers on industry-wide pain points, innovation as a path to growth, and solution strategies. The Shape of Change: Industry Challenges, Changes to the Business Model and Innovation Trends When asked to rank "the issues that keep you up at night,” 61% of respondents indicated the changing commercial business model; followed closely by regulatory reform (57%). In terms of current operational changes, participants resoundingly identified an increased focus on market access strategies (54%) and primary sales force realignment (46%) as t
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ME Newswire / Business Wire SHENZHEN, China - Wednesday, December 18th 2013 ZTE Corporation is pleased that the Delhi High Court set aside the injunction sought against the company’s products by Vringo Inc. ZTE’s business operations in India are unaffected by the litigation. ZTE is confident of a positive outcome in the litigation in India as the company continues to defend Vringo’s complaints vigorously. ZTE reserves the right to pursue legal action against Vringo in different jurisdictions to minimize disruptions to our business and our customers. "ZTE fully respects the intellectual property of other companies, and is committed to completing licensing agreements with patent holders on the FRAND (fair, reasonable and non-discriminatory) principle,” said Mr. Shen Jianfeng, Chief Intellectual Property Officer at ZTE. "We steadfastly oppose the anti-competitive use of patents by holders as a tactic for unreasonable demands.” About ZTE ZTE is a p
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ME Newswire / Businesswire BRUSSELS - Tuesday, December 17th 2013 The new version of the ‘Future of Urban Mobility’ study includes an update of Arthur D. Little’s Urban Mobility Index, assessing the world’s cities in terms of mobility maturity and performance and together with the International Association of Public Transport (UITP) identifies strategic directions and recommendations for cities to better shape their future. The study includes an updated version of the Arthur D. Little Urban Mobility Index, with an extended scope of 84 cities worldwide. The index reveals that most cities are still badly equipped to cope with the mobility challenges ahead indicating there is still significant potential for improvement. Hong Kong topped this year’s ranking, followed closely by Stockholm and Amsterdam. Copenhagen and Vienna rounded out the top five. Together with UITP, the study identifies three strategic directions for cities as well as 25 imperatives to consid
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