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.

Contact Cabling Installation & Maintenance

Editorial

Patrick McLaughlin

Serena Aburahma

Advertising and Sponsorship Sales

Peter Fretty - Vice President, Market Leader

Tim Carli - Business Development Manager

Brayden Hudspeth - Sales Development Representative

Subscriptions and Memberships

Subscribe to our newsletters and manage your subscriptions

Feedback/Problems

Send a message to our general in-box

 

AM Best Removes From Under Review With Negative Implications and Downgrades Credit Ratings of Ghana Reinsurance PLC

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C++ (Marginal) from B- (Fair) and the Long-Term Issuer Credit Rating to “b+” (Marginal) from “bb-” (Fair) of Ghana Reinsurance PLC (Ghana Re) (Ghana). The outlook assigned to these Credit Ratings (ratings) is stable.

The ratings reflect Ghana Re’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and weak enterprise risk management.

The ratings have been removed from under review with negative implications as AM Best has received the half-year 2024 results for Ghana Re and completed its assessment of the company’s rating fundamentals in light of this information.

The rating downgrades reflect deterioration in Ghana Re’s balance sheet strength fundamentals. The company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio (BCAR), was at the strongest level at year-end 2023; however, AM Best expects it to deteriorate significantly in 2024 as a result of a material growth in underwriting risks outpacing the growth in capital and surplus. Investment risk remains elevated due to the concentration of the company’s investment portfolio to Ghana. Furthermore, the company has experienced impairment of a significant portion of its Ghanaian debt holdings following the restructuring of domestic debt in 2023 and foreign debt in 2024.

Ghana Re’s adequate operating performance assessment reflects its track record of modest profitability on an inflation-adjusted basis in its main operating territories in most years. Ghana Re reported a robust profit in 2023, evidenced by the return on equity of 33%; however, profitability is expected to decline significantly in 2024 due to several large losses experienced in the first half of the year. AM Best notes that Ghana Re’s underwriting performance historically trended around breakeven over the underwriting cycle, though it has been highly volatile.

Ghana Re maintains a dominant position in Ghana as the largest local reinsurer. While Ghana Re has achieved solid geographical diversification in recent years, with over half of its reinsurance revenue now generated from outside of Ghana, the company lacks an established position in foreign markets.

Ghana Re is exposed to high levels of political, economic and financial system risks in the countries in which it operates. The company’s risk management framework is evolving, and its risk management capabilities are weak when compared with its risk profile. AM Best expects ongoing improvement in Ghana Re’s risk management framework in the medium to long term in order to navigate the challenging conditions in its operating markets.

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 specialising 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.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.