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HPN Holdings, Inc. Announces Closing of the Acquisition of Orange Auto Insurance
TMX Newsfile· 2026-01-29 13:15
Chicago, Illinois--(Newsfile Corp. - January 29, 2026) - HPN Holdings, Inc. (OTCID: KICK) ("HPN" or the "Company") today announced the successful closing of its acquisition of Orange Auto Insurance ("Orange"), a technology-driven nonstandard automobile insurance holding company and its managing general agency (Orange Underwriters, LLC). Orange will operate as a wholly owned subsidiary of HPN. The combined operating companies will continue to trade on the OTCIQ Market under the ticker symbol KICK.The acquis ...
Allstate Vs. Chubb: Paying For Stability Or Buying The Turnaround
Seeking Alpha· 2026-01-29 12:06
Core Viewpoint - Chubb (CB) has been identified as a top investment opportunity due to its consistent underwriting discipline, which has allowed it to outperform peers over the past decade [1]. Company Analysis - Chubb has demonstrated strong performance in the insurance sector, attributed to its steady underwriting practices [1]. - The company is part of a broader analysis conducted by a group focused on cash flows and capital access, indicating a strategic approach to investment [1]. Industry Context - The insurance and reinsurance sectors are highlighted, with a focus on the importance of underwriting discipline in achieving superior performance [1].
Skyward Specialty Insurance Group to Host Fourth Quarter 2025 Earnings Call Tuesday, February 24th, 2026
Globenewswire· 2026-01-29 12:00
HOUSTON, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc (Nasdaq: SKWD) (“Skyward Group” or “the Company”), expects to issue its fourth quarter 2025 earnings after market close on Monday, February 23rd which will be available on the Company website at investors.skywardinsurance.com under Quarterly Results. Fourth quarter and year-end 2025 results do not include the financial results of Apollo Group Holdings Ltd. due to the acquisition closing January 1st, 2026. Skyward Group will ho ...
Ameriprise Financial Reports Fourth Quarter and Full Year 2025 Results
Businesswire· 2026-01-29 11:30
Core Insights - Ameriprise Financial reported a record fourth quarter and full year for 2025, achieving significant growth in earnings and assets under management [1][2] - The company was recognized as one of TIME's Most Iconic Companies for 2026 and ranked among the Best-Managed Companies by the Wall Street Journal [1][4] - Ameriprise's return on equity reached 53.2%, reflecting strong capital management and shareholder returns [1][2] Financial Performance - Fourth quarter GAAP net income per diluted share was $10.47, a slight decrease from $10.58 in the previous year, while full year GAAP net income per diluted share increased to $36.28 from $33.05 [1][2] - Adjusted operating earnings per diluted share for the fourth quarter rose 16% to $10.83, and for the full year, it increased 14% to $39.29 [1][2] - Total adjusted operating net revenues for the fourth quarter increased by 10% to $4.9 billion, driven by asset growth and client engagement [1][2] Asset Management - Assets under management, administration, and advisement reached a record high of $1.7 trillion, up 11% year-over-year [1][2] - The Advice & Wealth Management segment generated adjusted operating net revenues of $3.2 billion, a 12% increase, with a pretax adjusted operating margin of 29.3% [1][2] - Wrap assets increased 17% to a record high of $670 billion, with net inflows of $12.1 billion in the quarter [2][5] Client Engagement and Advisor Productivity - Total client assets grew 13% to $1.2 trillion, with strong client flows of $13.3 billion [2][5] - The company experienced strong advisor recruitment, with 91 experienced advisors joining in the quarter [2][5] - Adjusted operating net revenue per advisor reached a new high of $1.1 million, an 8% increase from the previous year [2][5] Retirement & Protection Solutions - The Retirement & Protection Solutions segment reported adjusted operating net revenues of $991 million, a 3% increase, with sales rising 6% to $1.5 billion [2][5] - The segment's pretax adjusted operating earnings were $200 million, impacted by higher life claim expenses compared to the prior year [2][5] Corporate Recognition - Ameriprise was ranked 48 on TIME's list of America's Most Iconic Companies, highlighting its cultural significance and impact [4] - The company was also recognized as a Top 250 firm on the Wall Street Journal's Best-Managed Companies list, evaluated on various performance indicators [4]
Farmers Launches Fee-Based RIA Channel
Yahoo Finance· 2026-01-29 11:00
You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Farmers, a Woodland, Calif.-based national insurance company that also runs a broker/dealer, is adding a registered investment advisor channel to its wealth management business in part to give Farmers’ insurance and financial service agents a path to operate as fee-based RIAs.  The new RIA, Farmers Asset Management, is using Charles Schwab for custody and clearing, and Orion for wealth tec ...
广西金融优结构保供给 着力提升服务实体经济质效
Xin Hua Cai Jing· 2026-01-29 09:56
三是"人工智能+金融"取得新突破。广西出台全国首个省区级"人工智能+金融"实施方案,发布《广西人 工智能大模型金融应用指南》,搭建中国—东盟"人工智能+金融"创新合作基地,银行机构依托基地上 线多款"流水贷"系列信贷产品,支持企业融资超200亿元。创新开发"汇小二"跨境金融服务智能体,共 计完成服务响应超38万次,服务超16万人次。 四是融资担保服务体系持续完善。广西推出促进融资担保行业高质量发展的15项具体工作举措,政府性 担保贷款同比增长19.5%,年化综合平均担保费率降至0.66%。健全政金企融资对接服务机制,联合举 办各类政金企对接会24场,现场签约金额2786.57亿元。 在适度宽松的货币政策加持下,广西金融供给充裕,直接融资规模快速增长,保险业稳健运行,金融总 量保持了合理增长,实体经济融资需求得到更有力保障: 一是金融总量保持合理增长。全年广西社会融资规模增量5082.11亿元。2025年末,广西本外币各项贷 款余额5.7万亿元,同比增长5.5%,还原地方化债影响后,同比增长7%。 新华财经南宁1月29日电(记者范超)记者29日从广西南宁举行的2025年广西金融运行情况新闻发布会 上了解到,广西 ...
Progressive CFO Sauerland to step down in July 2026
Yahoo Finance· 2026-01-29 09:39
The Progressive Corporation has announced that its chief financial officer (CFO), John Sauerland, will retire on 3 July 2026. The company has named Andrew Quigg, who has been serving as chief strategy officer (CSO) since 2018, as the intended successor. He will collaborate with Sauerland to support his transition to the CFO role, the insurer noted. Sauerland joined Progressive in 1990 as a summer intern before starting full-time in 1991. His tenure included roles as a Midwest claims general manager, p ...
AXIS Capital’s underwriting result strengthens amid lower cat losses and favourable PYD
ReinsuranceNe.ws· 2026-01-29 09:07
Bermuda-based insurer and reinsurer, AXIS Capital Holdings Limited, produced an improved combined ratio of 90.4% and 89.8% for the fourth quarter and full year 2025, respectively, supported by lower catastrophe losses and higher net favourable prior year reserve development (PYD) for both periods when compared with the prior year.AXIS Capital ended 2025 strongly with fourth quarter Group net income of $282 million, down slightly on Q4 2024’s $286.1 million, as total revenues increased to $1.7 billion for th ...
2025 Natural Catastrophe losses should not lull market into false sense of security, warns Willis
Globenewswire· 2026-01-29 09:00
Core Insights - Natural catastrophes caused over US$100 billion in insured losses in 2025, marking the sixth consecutive year above this threshold, but a decrease of $40 billion compared to 2024, indicating persistent natural catastrophe risk despite no hurricanes making landfall in the US [1][2] Industry Trends - The Natural Catastrophe Review by Willis highlights the need for insurers to adopt sound strategies to manage high catastrophe risk, emphasizing investment in resilience and mitigation rather than avoiding risk [2] - Insured losses from natural catastrophes in 2025 were over $100 billion globally, indicating a higher risk floor for catastrophic perils [2] - The report discusses structural pressures and systemic vulnerabilities that exacerbated the impact of natural catastrophes in 2025, advising insurers to update their risk perspectives [2] Risk Modelling and Case Studies - Wildfire is identified as a core contributor to insurance portfolio volatility, necessitating adjustments in wildfire models to reflect current conditions and realistic replacement costs [3] - Risk modelling must account for compound perils, as cumulative damage from multiple perils can lead to delayed claims and disputes [3] - The warming North Atlantic is altering hurricane behavior, with implications for the Caribbean and the potential for more intense storms later in the season [3] - Flood risks are expanding beyond traditionally defined zones, with extreme rainfall leading to severe flooding in areas not typically considered high risk [3]
Arch Insurance International launches event cancellation cyber coverage
ReinsuranceNe.ws· 2026-01-29 08:00
Arch Insurance International, part of Arch Capital Group and a provider of specialty insurance solutions across multiple lines, has launched its event cancellation cyber coverage.This new coverage is offered as a cyber extension to an event cancellation policy, protecting against the cancelation, abandonment, curtailment, interruption, postponement, or relocation of an event due to an unauthorised, malicious, or criminal cyber act, or a computer system failure.Protection also extends to third-party infrastr ...