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A.M. Best Expands Capabilities of its Regional Headquarters in Hong Kong.


Business Editors

OLDWICK, N.J.--(BUSINESS WIRE)--Feb. 27, 2003

A.M. Best Co. recently integrated its Asia/Pacific insurance rating and information operations Actions taken to affect adversary information and information systems while defending one's own information and information systems. Also called IO. See also defensive information operations; information; offensive information operations; operation.  to serve Japan, Australia and New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland.  under A.M. Best Asia-Pacific Ltd., Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. .

Companies in Japan, Australia and New Zealand will now receive interaction and analytical coverage that can only result from close geographic proximity, and which is already experienced by companies throughout Asia. The integration results from significant expansion in business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets  and the development of a high-quality, indigenous analytical team in Hong Kong. The regional office provides A.M. Best with a strong platform for maintaining analytic leadership and consistency in its local business practices.

A.M. Best's regional rating and insurance/reinsurance information includes Australia, China, Hong Kong, Indonesia, Japan, Korea, Malaysia, New Zealand, Singapore, Taiwan and Thailand. These large, dynamic insurance, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract.  and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 markets benefit from local expertise and service built upon global rating coverage, news publications, research and data provided by the A.M. Best Company.

A.M. Best Asia-Pacific Ltd. is under the direction of Simon Hu, General Manager. Reporting to Mr. Hu is Jeffrey Liew, Deputy General Manager. MoungMo Lee is the senior member of the analytic team based in Hong Kong.

A.M. Best Co., established in 1899, is the world's oldest and most authoritative insurance rating and information source. For more information, visit A.M. Best's Web site at www.ambest.com.
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Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9JAPA
Date:Feb 27, 2003
Words:239
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