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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.
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  • 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 Removes From Under Review With Negative Implications, Downgrades Credit Ratings of M&C General Insurance Company Limited

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb” (Good) from “a-” (Excellent) of M&C General Insurance Company Limited (M&C General) (St. Lucia). The outlooks assigned to these Credit Ratings (ratings) is stable.

The ratings reflect M&C General’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.

The rating downgrades reflect the implications of being acquired by RF&G Insurance Company Limited (RF&G) (Belize), which has a limited absolute capital base and is domiciled in Belize, which has restrictive currency controls.

M&C General has the strongest level of risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR). While the BCAR remains at the strongest level, it has declined significantly due to reduced capital upon the sale of M&C General to RF&G. The company has a high dependence on reinsurance to manage capital exposure to catastrophic events, as is typical of Caribbean insurers. M&C General holds appropriate protection from catastrophic events with high-quality reinsurers. Absolute capital at the company is limited and was approximately XCD 14.2 million (USD 5.3 million) at the end of 2023. Capital is expected to grow organically through retained earnings offset by moderate dividends. M&C General’s investment portfolio is concentrated in St. Vincent and St. Lucia government bonds.

M&C General has reported strong operating performance, attributed to favorable underwriting results, strong fee income and consistent levels of investment income. The company has produced solid operating results in each year of the most recent five-year period through fiscal year-end 2023. M&C General has maintained strict underwriting discipline with a focus on profitability over growth.

M&C General has a limited business profile. The business in concentrated in property and auto segments with geographic concentration in St. Lucia and St. Vincent in the Eastern Caribbean. While M&C General has a well-established local market presence, it operates in mature markets that are limited in size and potential for organic growth.

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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