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MSIG expands Political Risk and Trade Credit capabilities in Hong Kong and Singapore through strategic collaboration with its USA office

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HONG KONG SAR – Media OutReach Newswire – 14 March 2025 – MSIG Hong Kong and MSIG Singapore have jointly announced a strategic collaboration with MSIG USA to strengthen its political risk and trade credit business in these key Asian financial hubs. This initiative reinforces MSIG’s commitment to supporting its global customers and strengthening its footprint in key international markets.

The partnership leverages the expertise of MSIG USA’s seasoned political risk and trade credit underwriting team alongside the strong local presence and market knowledge of MSIG Hong Kong and MSIG Singapore. This powerful combination positions the company to capitalise on the growing demand for political risk and trade credit solutions in the region, ensuring comprehensive and customised coverage for businesses navigating an evolving global trade landscape.

“Expanding our political risk and trade credit capabilities in Asia is a key strategic move for MSIG USA,” said Peter McKenna, CEO of MSIG USA. “By collaborating with MSIG Hong Kong and MSIG Singapore, we are strengthening our ability to serve global clients with tailored solutions that address the challenges of international trade. This partnership underscores our commitment to being a reliable risk management partner for businesses operating in complex environments.”

Clemens Philippi, CEO of MSIG Asia, added, “This initiative aligns with our regional growth strategy, reinforcing our ability to deliver enhanced risk solutions across Asia. The combination of MSIG USA’s underwriting expertise, led by Dan Riordan and Richard Abizaid, and our strong local market presence enables us to better serve businesses in the region, helping them navigate the evolving economic and political landscape with confidence.”

MSIG USA’s strong Class 15, A+ financial ratings and brand recognition have facilitated valuable connections with customers and brokers, reinforcing the company’s competitive advantage in the market. This collaboration underscores MSIG USA’s dedication to delivering innovative insurance solutions that address the evolving challenges of international trade and investment.

Dan Riordan, Head of Political Risk and Trade Credit for MSIG USA, commented, “The demand for political risk and trade credit insurance is rapidly increasing as businesses seek protection against uncertain geopolitical and economic conditions. Our collaboration with MSIG Hong Kong and MSIG Singapore will allow us to offer more localised expertise and strengthen our ability to provide comprehensive coverage that meets the needs of multinational clients.”

Philip Kent, CEO of MSIG Hong Kong, said: “We are delighted to collaborate with MSIG USA to enhance our political risk and trade credit offerings. This collaboration not only strengthens our capabilities but also reaffirms our dedication to providing comprehensive and tailored solutions to our clients in Hong Kong. By leveraging the combined expertise and market knowledge of our teams, we can better support businesses in navigating the complexities of international trade and mitigating potential risks.”

Hashtag: #MSIGHongKong

The issuer is solely responsible for the content of this announcement.

About MSIG Hong Kong

MSIG is a wholly owned subsidiary of Mitsui Sumitomo Insurance Co Ltd and a member of the MS&AD Insurance Group, Asia’s leading general insurance brand with presence in 50 countries and regions globally. The Group is amongst the world’s top 10 insurance groups based on gross revenue and one of Japan’s leading insurers with A+ Stable credit rating. With over 40,000 employees world-wide, MSIG is represented in all ASEAN markets as well as in Australia, New Zealand, Hong Kong, Mainland China, Korea, India and Taiwan.

MSIG Hong Kong offers a wide range of solutions and services through an extensive distribution network including agents, brokers, and bancassurance alliances with leading banks. It has been providing general insurance solutions to customers in Hong Kong for more than 160 years, dating as far back as 1855. To learn more, visit .

About MSIG USA

MSIG USA is the marketing term used to refer to MSIG Holdings (U.S.A.), Inc. (“MSIGH”), its insurance subsidiaries, and their managers. MSIGH’s insurers are Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc., and MSIG Specialty Insurance USA Inc. The insurers are managed by Mitsui Sumitomo Marine Management (U.S.A.), Inc. and MSIG Insurance Services, Inc.. MSIGH brings the financial strength, underwriting expertise, exceptional claims management, global footprint, and innovation necessary to offer commercial insurance solutions that address unique risks businesses face in today’s market. Its nationwide network of over 500 professionals enables them to provide responsive and personalised service for their clients. The US-based insurance subsidiaries are admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico. Not all insurers do business in all jurisdictions. Actual coverage is subject to the language of the policies as issued. To learn more, visit .

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Ramadan 2024: Octa broker’s diverse charity agenda

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KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 17 March 2025 – Ramadan is the ninth month of the Islamic calendar, a festive time marked by family gatherings, communal bonding, and spiritual development. In 2024, a global broker Octa carried out several charity projects in various countries to celebrate Ramadan, driving education and long-term social benefits.

Each year, the month of Ramadan comes forth as a unifying force for Muslims all over the world. Since the Ramadan state of mind is characterised by deep reflection and a sense of connection, Octa aimed its latest Ramadan charity initiatives at fostering education and building strong social bonds. Below are Ramadan-related charity projects implemented by Octa broker in 2024.

Indonesia
In the wake of the holy month of Ramadan in 2024, Octa funded the renovation of SD NEGERI DEPOK, a school in Depok City, West Java, Indonesia. On 27 April, Octa representatives and local officials held the opening of the renovated school and presented gifts to the children. The main stakeholders expressed satisfaction with the project’s outcome and offered their best wishes to the local students.

The project aimed to improve and expand the local educational infrastructure to address the increasing number of students in the region. Another key objective was to provide moral encouragement to students and motivate them to be proactive in pursuing knowledge and studying science.

Malaysia
To celebrate Ramadan in Malaysia, Octa sponsored STATUS 200, a coding bootcamp for students of Ideas International, an inclusive secondary school located in Kuala Lumpur.

STATUS 200 was held in three stages, from July to November 2024. Octa fully funded the project, allocating some slots to students supported by UNHCR (the UN Refugee Agency). To promote diversity, equity, and inclusion, Octa also granted 50% of the slots within the programme to female students.

Twelve students achieved Stage 2 certification and enrolled in Stage 3, finishing it with impressive results. The graduates successfully completed their final assignments—each had to develop a fully functional webshop from scratch. Based on these individual projects, the graduates’ skill levels met the requirements for a junior web developer position.

With STATUS 200, Octa made another step towards its long-term social mission: to bring lasting positive change to local communities through small steps—incremental, targeted, and timely initiatives.

Nigeria
In 2024, Octa carried out three charity projects in Nigeria around the holy month of Ramadan:

  • Providing 300 children with educational supplies: due to a harsh economic crisis, many parents in economically challenged areas of the country cannot afford the basic school fees for their children and educational materials. Octa joined forces with a local charity, KIR Foundation, to provide students with much-needed supplies, including writing materials, dictionaries, and school bags, promoting accessible education and driving social development.
  • Training 25 youths in tech skills: Octa and KIP organised training courses to empower unemployed or underemployed youth with tech skills, including data science, cybersecurity, and graphic design.
  • Establishing yet another reading corner: reading corners are mini libraries set up in less-developed city areas or public primary schools. They enable children to improve their literacy skills and develop a lifelong love for reading. In 2024, Octa and KIR have set up 24 reading corners throughout 14 states, reaching 9,209 children and donating 3,763 books.

In 2024, Octa’s Ramadan-related charity initiatives contributed to long-lasting positive change in local communities, enhancing the career potential of local students of various age groups. In 2025, the global broker will keep up with the good tradition and carry out new dedicated charity projects to celebrate Ramadan. Stay tuned!

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Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. The company is involved in a comprehensive network of charity and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

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Unique “New Places in Edo/Tokyo” now connected with Virtual Edo-Tokyo!

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Entries received for “New Places in Edo/Tokyo in metaverse”

TOKYO, JAPAN – Media OutReach Newswire – 17 March 2025 – From Wednesday, December 25, 2024 through Friday, January 10, 2025, the Tokyo Metropolitan Government called for submissions of cluster worlds created with the theme “New Places in Edo/Tokyo in metaverse” that showcase the best of Tokyo to a wider audience. We are pleased to announce that 12 eligible works we received are connected with the Virtual Edo-Tokyo world via warp tunnels.

Check out the unique metaverse spaces showcasing the best of Edo-Tokyo, generated by diverse creators including those who created a cluster world for the first time.

■ How to visit submitted worlds

Access the Virtual Edo-Tokyo world using the URL below, and visit submitted worlds via warp points within the New Tokyo Area in the Virtual Edo-Tokyo world. Cluster app is required to visit worlds. If you don’t have the app, access Cluster’s official website (https://cluster.mu/) on your PC or smartphone, download the app, and sign-up for an account (free).

Virtual Edo-Tokyo Entrance|Cluster metaverse platform

* Virtual Edo-Tokyo is a central portal for metaverse and VR content from the Tokyo Metropolitan Government.

Activities of the Tokyo Metropolitan Government’s bureaus are updated regularly. If you have already visited, please be sure to check again for the latest information.

Hashtag: #NewPlacesinEdo/Tokyo #VirtualEdo-Tokyo

The issuer is solely responsible for the content of this announcement.

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Sahm Capital Joins the Arab Federation of Capital Markets (AFCM)

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RIYADH, SAUDI ARABIA – Media OutReach Newswire – 16 March 2025 – Sahm Capital is excited to announce its official membership in the Arab Federation of Capital Markets (AFCM), further solidifying its commitment to the growth and development of the Arab capital markets.

Founded in 1978, AFCM aims to enhance the efficiency and transparency of capital markets across the Arab region, including the GCC, Levant, and Arab African countries. With oversight of 18 exchanges and 8 Clearing Houses, AFCM works to harmonize regulations, promote market development, and adopt new technologies to advance securities trading in the region.

A Strong Partnership for Growth

This membership presents an exciting opportunity for Sahm Capital to collaborate with other market leaders, share expertise, and develop stronger investment strategies that will contribute to the continued growth of Arab capital markets. Sahm Capital is committed to playing a pivotal role in strengthening the MENA financial landscape and expanding its access to regional and international investors.

Sahm Capital’s Growth and Future Vision

Founded in 2022 and fully licensed by the Capital Market Authority (CMA) of Saudi Arabia, with license number [license no. 22251-25], Sahm Capital has rapidly grown into a leading player in the region. In October 2023, the company received licenses for Dealing, Advising, and Custody services, followed by the launch of the Sahm trading app in December 2023. The app, a first-of-its-kind platform, has already surpassed 1 million users, positioning it as one of the fastest-growing trading platforms in the region.

In addition to its brokerage licenses, Sahm Capital secured Managing and Arranging licenses from the CMA in October 2024, positioning the company to offer a wide range of financial services, such as investment banking, managing investments and operating funds.

After three years of deepening its roots in Saudi Arabia, Sahm Capital is now ready to expand its reach across the Arab world. With a focus on delivering high-quality financial services, Sahm aims to help investors realize their full potential in an opportunity-rich capital market.

Sahm Capital’s Chairman of the Board, Steven Chou, shared his thoughts on the significance of this achievement: “Joining the Arab Federation of Capital Markets is an important milestone for us as we continue to build upon our success in Saudi Arabia and extend our presence across the wider Arab world. We look forward to working closely with AFCM to drive innovation and development in the region’s capital markets.”

Hashtag: #Brokerage #Sahm


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