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DUBAI, United Arab Emirates-Monday, March 19th 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- International General Insurance Holdings Limited today reported earnings for the 2017 financial year.

The Group announced a 19% increase in gross written premiums (GWP) from US$231.43 million as of 31st December 2016 to US$275.34 million for the same period in 2017, demonstrating growth in GWP in all of IGI’s major lines of business. This growth came as a result of writing more business in existing lines and an expansion in IGI’s casualty and energy classes.

The year 2017 was the most expensive for catastrophe losses on record. However, prudent portfolio management helped mitigate the severity of IGI’s losses at a net level.

Meanwhile, the Group posted a net profit of US$7.9 million in 2017 compared to US$32.1 million the year before. The Group’s combined ratio stood at 103% at the end of 2017, compared to 87.5% in 2016.

Investment inco ... Read more »

INGELHEIM, Germany & RIDGEFIELD, Conn.-Monday, March 19th 2018 [ AETOS Wire ]

-Fast Track designation facilitates development of new therapies that treat serious conditions and fulfill an unmet medical need

-The designation is based on the Investigational New Drug Application for SSc-ILD and the anticipated efficacy and safety data from the Phase III SENSCIS™ trial

(BUSINESS WIRE) -- Boehringer Ingelheim announced today that the U.S. Food and Drug Administration (FDA) has granted Fast Track designation to nintedanib for the treatment of systemic sclerosis with associated interstitial lung disease (SSc-ILD). The FDA’s Fast Track designation facilitates the development of new therapies that treat serious conditions and fulfill an unmet medical need in an effort to get treatments to those in need sooner.

This designation is based on Boehringer Ingelheim’s Investigational New Drug application (IND) of nintedanib for the treatment of ... Read more »

PORRENTRUY, Switzerland-Monday, March 19th 2018 [ AETOS Wire ]

(BUSINESS WIRE)-- Code name: Chrono-Tour Bitcoin Special Edition – Launch: 20/03/2018 – 14.00 GMT

Event! Louis Chevrolet Swiss Watches launches a Swiss Made automatic chronograph dedicated only to Bitcoin owners. An exclusive and limited-edition series to symbolise and affirm the unique sales channel chosen by the brand: its e-commerce store.

Each Louis Chevrolet Chrono Tour Bitcoin Special Edition will be Unique

Chrono-Tour Bitcoin Special Edition, a well-thought-out stylish design, elegantly bringing the Bitcoin to the forefront. In addition to a specific dial, a Bitcoin logo textured around a printed circuit board will be inserted into the back glass. This gives a technological holographic effect while highlighting the mechanics of the watch. The background will be personalised with a laser and will indicate the purchase price in Bitcoins at the exact moment of the purchase ... Read more »

GovSat-1 provides highly secure and advanced communication capabilities to enable critical missions for governments and institutions

LUXEMBOURG-Monday, March 19th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- GovSat-1 enters operational service today, to provide secure communications to governmental and institutional users. GovSat-1 is the first satellite of GovSat, a public private partnership between the Government of Luxembourg and the world-leading satellite operator SES. The satellite was launched into space on 31 January on board a flight-proven SpaceX Falcon 9 rocket from Cape Canaveral Air Force Station, and has since undergone extensive testing.

The multi-mission satellite is operated by GovSat from the Secure Mission Operations Centre in Luxembourg. The highly flexible and resilient GovSat-1 payload uses dedicated frequencies in X-band and military Ka-band. It enables an array of applications such as connectivity for theatres of operation, interconn ... Read more »

AMSTERDAM-Monday, March 19th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Gemalto, the world leader in digital security, today announced that it has been selected by Dai Nippon Printing (DNP), a financial solutions provider in Japan, to make mobile banking transactions easier to use. Leveraging Gemalto’s facial biometric authentication solution - Mobile Protector- DNP has started to offer facial recognition to secure access to its mobile banking apps. This enables banking customers to easily and quickly log on to mobile banking services upon successful facial authentication, providing a more convenient user experience.

Gemalto’s 2017 eBanking Trends research found that 68 percent of banks plan to implement facial recognition over the next five years. 80 percent of surveyed consumers perceived biometrics to be more secure than the traditional username and password combination. Biometrics-based payments are expected to grow in Japan in the next few years. Case in ... Read more »

NEW YORK-Monday, March 19th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- The following statement is being issued by Pomerantz LLP regarding In re Petrobras Securities Litigation.

Important Legal Notice from the United States District Court for the Southern District of New York

Two proposed settlements have been reached in a securities class action lawsuit brought by investors against Petróleo Brasileiro S.A. (“Petrobras”) and certain of its affiliates, underwriters, external auditors, and current and former directors and officers. The Settlements include certain securities issued by Petrobras. Petrobras, the Underwriter Defendants, and PricewaterhouseCoopers Auditores Independentes (“PwC Brazil”) deny any and all allegations of wrongdoing, and the District Court has not decided who is right.

If you requested exclusion in response to the previously mailed notice of pendency of class action dated May 9, 2016, you are included in this S ... Read more »

Award-winning Galaxy S9+ tops all smartphone cameras with highest score from DxOMark

RIDGEFIELD PARK, N.J.-Sunday, March 18th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Samsung Electronics America, Inc. announced that the new, award-winning Galaxy S9 and Galaxy S9+, which have been recognized by smartphone reviewers worldwide for their best-in-class display, design and camera, are now available for purchase at U.S. wireless network providers and retail stores. The phones come in three colors: Midnight Black, Coral Blue, and the new Lilac Purple. The Galaxy S9 has a suggested retail price of $719.99, while the Galaxy S9+ is available for $839.99. Both unlocked and carrier versions of the Galaxy S9 and Galaxy S9+ are also available for purchase on Samsung.com.

 “The Galaxy S9 and S9+ are designed for the visual and social generation—the consumers who connect, communicate, and share their stories through pictures and video,” said Tim Ba ... Read more »

Dubai, United Arab Emirates-Sunday, March 18th 2018 [ AETOS Wire ]

Students at Lebanon’s Holy Spirit University of Kaslik (USEK) will now be able to gain prestigious Cambridge English certificates, thanks to a new agreement. USEK is the first Lebanese university to formally recognise Cambridge English Qualifications.

The Language Center at the Faculty of letters at Holy Spirit University-Kaslik (USEK) between the University and Cambridge Assessment English, a not-for-profit department of the University of Cambridge. Students will be encouraged to prepare for Cambridge English’s C1 Advanced exam, a high level qualification which is recognised by universities, employers and government bodies in the United Kingdom, Australia and other English-speaking countries.

Dr. Rania Salama, Director of the Center for International Relations at the Faculty of Arts, said: " This agreement is one of our initiatives to involve students in the learning process ... Read more »

SAN FRANCISCO-Tuesday, March 13th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Andersen Global continues its expansion in Germany as a new office in Berlin opens, joining the existing Andersen Tax & Legal team in Germany, effective March 1, 2018. The Berlin office will be the sixth location of Andersen Tax & Legal in Germany and includes more than 60 professionals in the offices of Berlin, Dusseldorf, Frankfurt, Cologne, Leipzig, and Merzig.

The team in Berlin is led by attorneys Philipp Zschaler and Dr. Moritz Brocker, who both were previously at BDO Legal. Moritz Brocker works in corporate law and specializes in M&A transactions and venture capital investments. Philipp Zschaler specializes in real estate and insolvency law. The focus of the Berlin team will be on the locally dynamic growth areas of corporate/ M&A, including start-ups, venture capital, and real estate.

"We are looking forward to this new opportunity in our professional career, ... Read more »

Washington-based tech company and partners provided more than 20,000 internet sessions to fill communications gap during Hurricane Maria recovery

REDMOND, Wash.-Tuesday, March 13th 2018 [ AETOS Wire ]

(BUSINESS WIRE) -- Kymeta—the communications company making good on the promise of global, mobile connectivity—partnered with Intelsat and Liberty Puerto Rico to reconnect communities across Puerto Rico when communications and power were severed by Hurricane Maria.

Three Kymeta-enabled vehicles joined a disaster relief caravan that crisscrossed the island of Puerto Rico from October through December 2017*. The vehicles were equipped with Kymeta KyWay™ flat panel, beam-forming, electronically-steered satellite terminals. Despite the lack of any electrical power or cellular service, the low power-consuming terminals provided internet access using the vehicles to power the communications system.

“The tour provided communication capab ... Read more »