About Cabling Installation & Maintenance

Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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AM Best Assigns Issue Credit Rating to Weston2044 LLC Series Hannover, No.1 Variable Funding Credit-Linked Note

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $1.654 billion, 6.00% Series Hannover, No. 1 variable funding credit-linked note (note), due Oct. 1, 2044, issued by Weston2044 LLC (Weston2044), a Delaware limited liability company (issuer). The outlook assigned to the Credit Rating (rating) is stable.

The note is in consideration of a variable funding surplus note (VSN) issued by Redding Reassurance Company 4 LLC (Redding Re 4), a Missouri-domiciled special purpose life reinsurance captive insurer and a direct wholly owned subsidiary of Wilton Reassurance Company (Wilton Reassurance). The note supports the excess reserves for a block of universal life secondary guarantee insurance (ULSG) business. Wilton Reassurance assumes the ULSG business via a coinsurance arrangement with Pruco Life Insurance Company, and then retrocedes to Redding Re 4. The note has a face amount equivalent to that excess reserve balance, which is also equivalent to the face amount of the corresponding VSN for which the note is exchanged. Wilton Reassurance’s retrocession to Redding Re 4 is on a coinsurance funds-withheld basis.

The note and the VSN have the same interest rate, which is subject to a netting arrangement. Concurrent with the issuance of the note, Weston2044 has entered into risk transfer agreements (i.e., cash-settled ISDA swap) with Hannover Life Reassurance Company of America (Bermuda) Ltd. to provide liquidity for any redemption/monetization of the note.

The assigned rating represents AM Best’s current opinion as to the issuer’s ability to meet its financial obligations to the noteholders when due. The assigned rating primarily takes into consideration the following: Hannover Life Reassurance Company of America (Bermuda) Ltd.’s Long-Term Issuer Credit Rating (Long-Term ICR) of “aa” (Superior) as the swap counterparty to Weston2044; Wilton Reassurance’s Long-Term ICR of “aa-” (Superior), as the entity provides support for the 250% company action level risk-based capital for Redding Re 4; netting arrangements among transaction parties; the absence of reserves or funds at Weston2044, except funds provided by Redding Re 4; and potential legal risks as it relates to enforceability of the various transaction agreements and potential consolidation issues of various parties.

The Long-Term IR could be upgraded or downgraded, or the outlook revised if material changes occur in the financial condition and ratings of Hannover Life Reassurance Company of America (Bermuda) Ltd. or Wilton Reassurance.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings. For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit www.ambest.com.

Copyright © 2024 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.

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