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Berkshire Boosts Mitsubishi Stake, Increases Investment in Japan
ZACKS· 2025-08-29 17:31
Key Takeaways Berkshire raised its Mitsubishi stake to 10.23% from 9.74%, marking further expansion in Japan.Its total Japan stake cost $13.8B and was valued at $23.5B by the end of 2024, showing strong growth.Berkshire expects $812M in 2025 dividends versus $135M in interest costs from yen-denominated bonds.Berkshire Hathaway (BRK.B) recently increased its stake in the Japanese trading house Mitsubishi Corp. to 10.23% per media releases. This recent move marks Berkshire's continued expansion in Japan. The ...
Can Willis Tower's Gemini Redefine How Insurers Manage Complex Risks?
ZACKS· 2025-08-29 17:21
Core Insights - Willis Towers Watson (WTW) has launched a new digital insurance platform called Gemini, aimed at addressing rising risk complexities and unpredictable market conditions, providing clients with more reliable outcomes [1][10] Group 1: Gemini Platform Features - Gemini enhances reliability and efficiency in insurance programs, supported by A+ rated Lloyd's syndicates, and offers built-in price advantages for significant savings [2] - The platform is capable of managing a wide range of risks, including complex ones, and facilitates quicker placements through automatic alignment with lead terms [2] - Claims processes are improved by matching lead settlements, which reduces disputes and delays, fostering long-term stability during annual renewals [3] Group 2: Financial Implications - The introduction of Gemini is expected to boost WTW's financial performance by driving revenue growth through new client acquisition and improved retention [4] - Digital automation within Gemini may streamline quoting, binding, and claims processes, leading to cost reductions and improved profit margins [4] - The scalable nature of the platform could create opportunities for additional services and cross-selling, thereby strengthening WTW's market position and client trust [4] Group 3: Market Performance - WTW shares have increased by 4.4% year-to-date, contrasting with a 13.7% decline in the industry [7] - The current valuation of WTW shares is at a price to forward 12-month earnings ratio of 17.86, lower than the industry average of 20.76 [11] - The Zacks Consensus Estimate for WTW's 2025 earnings indicates a slight decline of 0.7% year-over-year, followed by a projected increase of 13.5% in the subsequent year [13]
AXS Outperforms Industry, Trades Near 52-Week High: Time to Hold?
ZACKS· 2025-08-29 16:31
Key Takeaways AXS focuses on growth areas like wholesale insurance, lower middle markets, and specialty reinsurance lines.AXS invests in digital capabilities and aims to reduce its G&A expense ratio to below 11% by 2026.AXS repositioned its business for specialty risk leadership, focusing on underwriting profitability.Shares of AXIS Capital Holdings Limited (AXS) have gained 23.5% in the past year, outperforming its industry, the Finance sector and the Zacks S&P 500 composite’s growth of 3.5%, 15.9% and 15. ...
Faruqi & Faruqi Reminds SelectQuote Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 10, 2025 – SLQT
GlobeNewswire News Room· 2025-08-29 15:30
Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $75,000 In SelectQuote To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $75,000 in SelectQuote between September 9, 2020 and May 1, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Aug. 29, 2025 (G ...
Fairfax Announces Intention to Redeem Cumulative Preferred Shares, Series G & H
Globenewswire· 2025-08-29 11:00
Core Viewpoint - Fairfax Financial Holdings Limited intends to redeem all outstanding Series G and Series H Preferred Shares on September 30, 2025, for a total amount of C$250.0 million, plus accrued dividends [1][5]. Redemption Details - The redemption price for each share will be C$25.00, with a total of 7,719,843 Series G Shares and 2,280,157 Series H Shares being redeemed [1]. - The final quarterly dividend for Series G Shares will be C$0.185125, payable on September 30, 2025, while Series H Shares will receive a final dividend of C$0.32792 on September 29, 2025 [3]. Post-Redemption Information - Following the redemption, both Series G and Series H Shares will be delisted from the Toronto Stock Exchange [5]. - Non-registered holders of Preferred Shares are advised to contact their brokers for information regarding the redemption process [4].
业绩稳健+估值修复可期!中信股份(00267)2025年中报金融业务全面向好
智通财经网· 2025-08-29 08:50
2025年8月29日,中信股份(00267)发布2025年中期业绩,上半年实现营业收入3,688亿元,净利润598亿 元,归母净利润312亿元,金融子公司利润全面提升,主要实业子公司业绩向上向好,国际化发展持续 发力。董事会建议派发中期股息每股人民币0.20元,同比增长5.3%,分红总额为人民币58.18亿元。中 信股份当前市净率远低于1倍净资产,仍处历史低位,随着估值逐步回归合理区间,市值仍具备进一步 的修复空间。 在金融业务方面,公司以金融"强核"工程为抓手,围绕服务实体经济,深化综合金融模式创新,持续做 深做实"五篇大文章"。上半年公司启动科技金融专项行动,聚合"股贷债保"全链条能力,服务前六批国 家级专精特新和前八批制造业单项冠军企业超1.41万家、覆盖率超92%;绿色信贷余额较年初增长 16.79%,绿色债券承销规模位居市场前列;普惠金融、养老金融和数字金融均取得新成绩。 公司各金融子公司持续优化业务结构,发力重点领域,实现利润全面增长。银行业务净利润增速延续向 好态势,获批筹设金融资产投资公司,为提升多元化服务能力拓宽渠道。证券业务紧抓国内外市场机 遇,各项主营业务齐头并进,收入、利润均实现同比大 ...
X @Bloomberg
Bloomberg· 2025-08-29 08:18
Kenya’s biggest publicly traded insurer by market value is planning expansion in African nations with low insurance penetration to augment and diversify revenue https://t.co/FA6dya8eWM ...
帮主郑重:创业板半天狂飙2.3%,下午还能继续嗨吗?
Sou Hu Cai Jing· 2025-08-29 05:15
看数据,三大指数全线上涨,创业板最猛,半天干到2.34%,北证50也不差,涨了2.47%。更关键的是量能——成交额比昨天多了近670亿,说明真有资金在 动。全市场超两千只个股上涨,氛围不错。 板块方面,锂电池彻底爆发,宁德时代大涨超10%,天齐锂业、盛新锂能跟涨,新能源这条线又活过来了;白酒也不弱,舍得、酒鬼酒这些纷纷上扬,大消 费稳得住;创新药突然发力,康辰药业、华海药业直接封板;保险股早上冲了一波,新华保险摸了下涨停,虽然回落,但气势还在。 跌的方面,半导体、算力集体调整,寒武纪最多跌超8%,北方华创、龙芯中科也跟着下水;CPO概念内部分化明显,有人跌超10%,也有人翻红。科技股 今天整体休息,资金暂时流向了低位板块。 那下午怎么走?帮主觉得,创业板上午冲太猛,下午大概率歇一歇,震荡整固为主。锂电池和白酒连续强拉的可能性不大,能横住就是胜利。科技股如果跌 得多,说不定会有反弹,但整体还没到反转的时候。 家人们中午好!我是帮主郑重,二十年财经老炮,专注中长线。今天上午这行情,一句话总结:创业板带头冲锋,锂电池、白酒扛大旗,科技股暂时歇菜! 总而言之,市场情绪不差,量也放出来了,下午大概率稳中带震荡。咱们中长 ...
午评:创业板指上涨2.34% 电池、能源金属领涨
Zhong Guo Jin Rong Xin Xi Wang· 2025-08-29 04:09
Market Overview - The market experienced a rebound with the ChiNext Index rising over 2%, and Ningde Times increasing by more than 11% [1] - As of the midday close, the Shanghai Composite Index was at 3849.76 points, up 0.16%, with a trading volume of 800.1 billion; the Shenzhen Component Index was at 12688.85 points, up 0.93%, with a trading volume of 1053 billion; the ChiNext Index was at 2893.44 points, up 2.34%, with a trading volume of 521.7 billion [1] - The total trading volume for both markets reached 1.85 trillion, an increase of 63.2 billion compared to the previous trading day [1] Sector Performance - Solid-state battery stocks saw significant gains, with multiple stocks hitting the daily limit [2] - Consumer sectors such as liquor also rebounded, with companies like Kweichow Moutai hitting the daily limit [2] - Financial stocks experienced a brief surge, with New China Life Insurance reaching a historical high [2] - In contrast, semiconductor stocks faced adjustments, with companies like Cambrian Technology dropping over 5% [2] Institutional Insights - Silver Hua Fund noted a significant recovery in investor risk appetite, leading to increased market activity and trading volume [4] - The fund anticipates a sustained upward trend in the market due to factors such as overseas interest rate cuts and accelerated economic transformation in China [4] - Huahui Chuangfu Investment highlighted that the market is supported by economic recovery, policy support, and improved investor sentiment, but cautioned about uncertainties affecting short-term index movements [4] - The focus on structural opportunities over systemic ones is emphasized, with technology sectors like robotics, semiconductors, and AI being favorable for medium to long-term investments [4] Policy Developments - The National Development and Reform Commission plans to accelerate policy implementation in areas such as artificial intelligence and consumption to stimulate market vitality [6] - The commission aims to promote consumption through various initiatives, including trade-in programs and policies supporting digital consumption and AI integration [6] Monetary Policy - The central bank conducted a net injection of 421.7 billion through reverse repos, maintaining the operation rate at 1.40% [7] Regional Initiatives - Guizhou Province is focusing on developing its cloud service industry and expanding its capabilities in computing power services [9] - The provincial government is encouraging the growth of data industries and supporting AI technology innovation and application [9]
青海金融监管局同意中国人寿西宁市大通支公司第一营销服务部变更营业场所
Jin Tou Wang· 2025-08-29 03:34
一、同意中国人寿保险股份有限公司西宁市大通支公司第一营销服务部将营业场所变更为:青海省西宁 市大通回族土族自治县桥头镇解放路2号桥西二楼。 二、中国人寿保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 2025年8月22日,青海金融监管局发布批复称,《中国人寿(601628)保险股份有限公司青海省分公司 关于中国人寿保险股份有限公司西宁市大通支公司第一营销服务部变更营业场所的请示》(国寿人险青 发〔2025〕75号)收悉。经审核,现批复如下: ...