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A Confluence of Headwinds Affected Palomar (PLMR) in Q3
Yahoo Finance· 2025-12-16 13:11
Riverwater Partners, an investment management company, released its “Small Cap Strategy” Q3 2025 investor letter. A copy of the letter can be downloaded here. The Small Cap Core Strategy reported solid results for the quarter but did not keep pace with the sharp rally, thus lagging the benchmark. The market’s preference for lower-quality companies persisted in the quarter and contributed significantly to the benchmark’s outperformance. On the other hand, the strategy remains focused on higher-quality compa ...
Catastrophe losses keep rising. Here's how insurers are trying to mitigate risk
CNBC Television· 2025-12-16 12:34
When hurricane wind gusts hit 110 m an hour, a 2x4 can become a spear and standard plywood can't withstand that force. But increase the thickness of the wood by half an inch and watch. Helpful to know if you're boarding up windows ahead of a storm.Convective storms that produce fierce wind, tornadoes, and hail have become increasingly costly in the US. Building materials matter. FM employs 2,000 engineers who work with their commercial industrial insurance clients.At FM's Rhode Island research campus, engin ...
Prediction: Lemonade Will Soar Over the Next Five Years. Here's 1 Reason Why.
The Motley Fool· 2025-12-16 12:05
This auto insurance stock was once a lemon in its early years on the market. Now, the stock's gains are giving investors lemonade.The artificial intelligence space (AI) is booming, and Lemonade (LMND 3.44%) is unequivocally the AI-centered leader in renters, pet, car, and homeowners insurance. Having gone public five years ago, the insurance company's stock is relatively young, but it has great potential.Between 2020 and 2021, the company's share prices declined by 90%, primarily due to the high interest ra ...
Manulife and Bupa partner on healthcare solutions in Hong Kong
Yahoo Finance· 2025-12-16 10:18
Core Insights - Manulife International and Bupa International have signed a memorandum of understanding to provide integrated healthcare solutions in Hong Kong, aiming to enhance customer health management options [1][2] - The partnership seeks to improve access to care by leveraging the strengths of both organizations, creating a more connected healthcare network for local residents [1][3] Group 1: Partnership Objectives - The collaboration is designed to support the well-being of local residents by expanding access to medical services tailored to individual healthcare needs [2][3] - Manulife Hong Kong and Macau CEO Patrick Graham emphasized that this strategic collaboration is a significant milestone in their goal to be the preferred health partner, focusing on better value and health outcomes for customers [2][3] Group 2: Innovation and Future Plans - Bupa Hong Kong managing director Fiona Harris highlighted that the partnership will introduce new innovations and opportunities, particularly in digital health and AI [4] - Further details regarding the development of this partnership will be shared at a later date, indicating ongoing commitment to enhancing healthcare solutions [3][4] Group 3: Product Offerings - Earlier this year, Manulife Hong Kong launched two critical illness insurance products, IncomeGuard Critical Illness Protector and IncomeShield Critical Illness Protector, aimed at addressing income loss during serious medical treatments [4][5] - These new plans feature yearly payouts and a continuous treatment benefit for heart attack and stroke cases, which is noted as a market first [5]
3 Warren Buffett Stocks to Buy Hand Over Fist in December
The Motley Fool· 2025-12-16 10:00
This may be one of the last chances you get to buy a stock you absolutely know is Buffett-approved.Warren Buffett's time as Berkshire Hathaway's (BRK.A +1.34%) (BRK.B +1.37%) chief executive and its chief stock-picker may be nearing its end. But he's still in charge, so any changes he wanted to make to the conglomerate's portfolio before his exit would have likely been made by now. The names Berkshire is still holding suggests everyone's in agreement that they're worth holding onto, and that's a pretty big ...
AIG Appoints Adam Clifford, Chief Executive Officer, International Commercial Insurance
Businesswire· 2025-12-16 10:00
"Adam is a highly respected insurance executive, recognised for his leadership and deep underwriting and technical expertise.†said Mr. Hancock. "With more than three decades of global operating experience with an exceptional track record, including seven years at AIG where he led underwriting teams. Adam brings deep insurance industry knowledge and global perspective to this role. I am looking forward to welcoming Adam back to AIG and working with him and the team to continue building on our strong momentum ...
X @Bloomberg
Bloomberg· 2025-12-16 09:02
$100 billion is now the baseline for insurance industry losses each year due to natural disasters, as climate change fuels volatile weather https://t.co/unyxKGKBa7 ...
Bjak Founder Weighs IPO as Malaysia Insurtech Seeks Expansion Into Europe
Insurance Journal· 2025-12-16 08:23
Bjak Sdn, Malaysia’s largest online insurance aggregator, is mulling an initial public offering within the next two years as it seeks to enter Europe.Bjak is eyeing new markets in Spain and Germany in 2026 following its recent expansion in Japan, Taiwan and Thailand, Wei Low, the firm’s founder said in his first-ever media interview. The firm’s gross written premiums increased 20% to 30% this year and are set to grow at a faster pace in the future as Bjak expands into new markets, the 36-year-old told Bloom ...
EUR 400 million share buyback completed
Globenewswire· 2025-12-16 07:00
Core Viewpoint - Aegon has successfully completed its share buyback program, totaling EUR 400 million, which reflects the company's commitment to returning value to shareholders [1][2]. Group 1: Share Buyback Program - The share buyback program commenced on July 1, 2025, with an initial allocation of EUR 200 million, which was later expanded by an additional EUR 200 million on August 25, 2025 [1][2]. - A total of 61,197,437 common shares were repurchased between July 1, 2025, and December 15, 2025, at an average price of EUR 6.4772 per share [2]. - The repurchased shares will be canceled in December 2025, further enhancing shareholder value [2]. Group 2: Company Overview - Aegon is an international financial services holding company focused on investment, protection, and retirement solutions [3][4]. - The company operates fully owned businesses in the United States and the United Kingdom, along with a global asset management division [3]. - Aegon aims to create value through partnerships in various countries, including insurance joint ventures in Spain, Portugal, China, and Brazil, as well as asset management partnerships in France and China [3].
New York Says Cab, Rideshare Insurance Rates to Rise 25%
Insurance Journal· 2025-12-16 06:00
New York officials have told rideshare companies, driver representatives and others in the for-hire vehicle industry that insurance policy rates will rise by an average 25% over the next three years, according to people with knowledge of the state’s plans, likely sending passenger fares up as a result.The state has asked carriers to reset — essentially raise — their fees to actuarially justified levels as they work to stabilize the industry, which has been reeling from the insolvency of its largest provider ...