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CNA Financial to Report Fourth Quarter 2025 Results on February 9
Prnewswire· 2026-01-20 15:00
Core Viewpoint - CNA Financial Corporation is set to report its fourth quarter 2025 results on February 9, 2026, before the market opens, with related documents available on its website [1] Group 1: Earnings Release Information - The earnings release will include a news release, earnings presentation, and financial supplement [1] - A transcript of earnings remarks will feature commentary from the Chairman and CEO, Douglas M. Worman, and CFO, Scott R. Lindquist [1] Group 2: Shareholder Engagement - CNA invites shareholders and analysts to submit questions for management ahead of the earnings release, which may be addressed in the earnings remarks [2] Group 3: Company Overview - CNA is one of the largest U.S. commercial property and casualty insurance companies, with over 125 years of experience [3] - The company offers a wide range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada, and Europe [3]
Toscafund weighs sale of Portuguese insurer Caravela
Yahoo Finance· 2026-01-20 14:21
Toscafund Asset Management, together with other minority investors, is considering divesting its interests in Caravela Seguros, a non-life insurance provider based in Portugal, reported Bloomberg, citing sources. Toscafund, headquartered in London and holding a 48% stake in Caravela, has appointed Mediobanca to advise on the possible sale, the unnamed sources told the news agency. Other shareholders, totalling more than 20 investors, are also evaluating their options regarding a potential exit. A spoke ...
Worried About the Economy? Invest In These Quality Stocks
Yahoo Finance· 2026-01-20 14:11
Group 1 - The article discusses the concept of "quality stocks" as a safer investment option during economic uncertainty, highlighting that the definition of quality can vary among experts [1][2] - Fidelity has identified several quality stocks that are considered good investment options, emphasizing the importance of understanding what constitutes a quality stock [2][4] - Financial experts suggest that quality stocks typically exhibit strong fundamentals, consistent performance, and solid management teams, which may not always be quantifiable [3] Group 2 - Fidelity's quality stock picks include Costco Wholesale (COST), Verisk Analytics (VRSK), Amazon (AMZN), Alphabet (GOOGL), Meta (META), Netflix (NFLX), and Roblox (RBLX), each noted for their strong market positions and customer trust [4] - Costco is recognized for its great prices and low market volatility, while Verisk Analytics is noted for high revenue and low volatility in the insurance sector [4] - Amazon's competitive edge comes from its subscription services and cloud division, while Alphabet and Meta leverage their extensive user bases and self-reinforcing business models [4]
Dividend Select Corp. Declares Monthly Dividend
Globenewswire· 2026-01-20 14:00
Core Viewpoint - Dividend Select 15 Corp. has declared a monthly distribution of $0.06167 per Equity share, payable on February 10, 2026, to shareholders on record as of January 30, 2026 [1][4]. Distribution Policy - The monthly dividend is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month, resulting in a dividend of $0.06167 per share based on a VWAP of $7.40 [2]. Historical Performance - Since inception, Equity shareholders have received a total of $11.50 per share, inclusive of the current distribution [3]. Investment Portfolio - The Company invests in a portfolio of 15 Canadian companies selected from a universe of high dividend-yielding stocks [3]. Company Holdings - The portfolio includes notable companies such as Bank of Montreal, TELUS Corporation, BCE Inc., and Royal Bank of Canada among others [4]. Distribution Details - The distribution details are as follows: Equity Share (DS) $0.06167, Record Date: January 30, 2026, Payable Date: February 10, 2026 [4].
Severe Convective Storms Now the Costliest Insured Peril of the 21st Century, Aon Reports
Prnewswire· 2026-01-20 14:00
New findings show natural hazards such as SCS and wildfire are reshaping global loss patterns and intensifying need for both physical and financial resilience DUBLIN, Jan. 20, 2026 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today launched its annual Climate and Catastrophe Insight report, revealing that severe convective storms (SCS) have surpassed tropical cyclones to become the costliest insured peril of the 21st century. The report shows how increasingly common, hig ...
M SPLIT CORP. Monthly Dividend Declared for Class I and Class II Preferred Shares
Globenewswire· 2026-01-20 14:00
Core Viewpoint - M Split Corp. has declared monthly distributions for its Class I and Class II Preferred shareholders, maintaining an annual rate of 7.50% based on a $5 notional issue price [1][2]. Distribution Details - Class I Preferred shareholders will receive a monthly distribution of $0.03125 per share, amounting to $0.375 annually [1][3]. - Class II Preferred shareholders will also receive a monthly distribution of $0.03125 per share, contingent upon the NAV exceeding $10.00 [1][2]. - The record date for these distributions is January 30, 2026, with payments scheduled for February 10, 2026 [1][3]. Investment Focus - M Split invests primarily in common shares of Manulife Financial Corporation, which is recognized as the largest life insurer in Canada, providing a range of financial products and wealth management services [2].
Verist Inc. Strengthens Platform With Expanded Umbrella and Excess Liability Insurance Solutions Across Real Estate, Hospitality and Leisure, Financial Institutions, Professional Services, and Life Sciences
Globenewswire· 2026-01-20 14:00
Core Insights - Verist Inc. is expanding its insurance platform with enhanced underwriting capabilities and increased Umbrella and Excess (XS) liability capacity, focusing on middle market and large account commercial business [1][5] - The company serves complex business risks across various sectors, including real estate, hospitality, financial institutions, professional services, and life sciences [2][5] Company Overview - Verist operates as a Managing General Underwriter (MGU), providing tailored insurance programs that address unique risk profiles and operational complexities of different industries [2] - The company writes core commercial insurance lines such as General Liability, Workers' Compensation, Commercial Auto, and Property, offering comprehensive risk transfer solutions [3] Service Model - Verist employs a white-glove service model that delivers personalized client experiences, combining responsive service with strategic risk guidance and underwriting excellence [4] - This approach aims to help commercial clients secure appropriate coverage in a challenging market while ensuring long-term program stability [4] Leadership Perspective - The CEO of Verist, Michael Chang, emphasized the company's commitment to innovation and its focus on expanding capacity, underwriting expertise, and product development to assist clients in navigating complex risk environments [5]
Coventry 首席执行官 Reid Buerger 于 NAILBA 44 会议上荣获 Finseca 2025 年度 ID Twenty 大奖
Globenewswire· 2026-01-20 14:00
宾夕法尼亚州华盛顿堡, Jan. 20, 2026 (GLOBE NEWSWIRE) -- 寿险二级市场的领导者与创始者 Coventry 今日宣布,其首席执行官 Reid Buerger 荣获了 Finseca 颁发的 2025 ID Twenty 大奖。 该奖项于 NAILBA 44 会议上颁发,旨在表彰独立分销领域的顶尖创新者及引领行业发展的领导者。 Finseca 的 ID Twenty 大奖每年发掘并表彰二十位专业人士,他们的卓越成就为保险行业的发展做出了重大贡献。 该奖项被视为业内最重要的荣誉之一,专门授予在分销、产品开发和客户成果方面带来显著影响的行业精英。 Buerger 的当选,反映了他在塑造现代长寿及人寿保险市场方面的持续领导力,也体现了 Coventry 在整个独立分销生态系统中,为拓宽二级市场的准入、机遇和价值所做的不懈努力。 Coventry 首席执行官 Reid Buerger 表示:“这项荣誉是对我们团队始终致力于拓展寿险二级市场的肯定。 在帮助保单持有人明晰自身选择方面,独立分销渠道发挥着至关重要的作用。因此,我们一直致力于打造一个提供更多选择、更高价值并实现长远利益的市场架构 ...
Insurance Was Trucking’s Last Real Barrier to Entry. It Collapsed.
Yahoo Finance· 2026-01-20 13:45
Core Insights - The trucking insurance industry is experiencing a significant shift towards instant-issue policies that lack proper risk assessment and verification, leading to increased risks on the highways [7][12][14] - Traditional underwriting practices are being undermined, allowing unqualified operators to enter the market with minimal oversight, which poses a threat to public safety [11][17][43] Group 1: Current State of Trucking Insurance - Instant-issue commercial trucking insurance allows individuals to obtain coverage quickly without thorough verification, raising concerns about the qualifications of operators on the road [7][12] - Major insurers like GEICO and Progressive are adopting models that prioritize quick issuance over comprehensive risk assessment, which deviates from traditional underwriting standards [11][12][13] - The existence of subprime insurance carriers has blurred the lines between standard and high-risk coverage, making it easier for unfit operators to obtain insurance [15][17] Group 2: Financial Implications of Insurance Practices - The average verdict in truck crash lawsuits has dramatically increased, with the average exceeding $1 million rising from $2.3 million in 2010 to $22.3 million by 2018, a 967% increase [18] - In 2023, there were 27 cases resulting in verdicts over $100 million, highlighting the financial risks associated with inadequate insurance coverage [19] - Many legitimate carriers are facing bankruptcy due to soaring insurance costs, while high-risk operators can still obtain coverage with minimal scrutiny [20] Group 3: Accountability and Regulatory Concerns - The concept of "chameleon carriers" allows operators to evade accountability by changing names and policies after causing accidents, further complicating regulatory oversight [22][25] - The federal minimum liability coverage for trucking operations has remained stagnant at $750,000 since the 1980s, which is insufficient given modern crash costs [27][31] - There is a pressing need for reforms in underwriting practices and coverage limits to ensure that insurance effectively protects the motoring public [43][44][47]
Sequoia, Accel-backed Ethos Technologies seeks $1.3 billion valuation in US IPO
Yahoo Finance· 2026-01-20 12:13
Company Overview - Ethos Technologies is a life insurance technology company founded in 2016 by Peter Colis and Lingke Wang, aiming to provide life insurance to families across the U.S. through its platform [3] - The company is backed by venture capital firms Accel and Sequoia, and it previously raised $100 million in a funding round from SoftBank at a valuation of $2.7 billion [4] IPO Details - Ethos is targeting a valuation of up to $1.26 billion in its upcoming U.S. initial public offering (IPO) [1] - The company plans to sell 10.5 million shares priced between $18 and $20 each, aiming to raise up to $210.5 million [1] - Ethos will list on the Nasdaq under the symbol "LIFE" [4] Financial Performance - For the nine months ended September 30, Ethos reported a net income of $46.6 million on revenue of $277.5 million, compared to a net income of $39.3 million on revenue of $188.4 million in the same period the previous year, indicating significant growth [4] Market Context - The insurance IPO market reached a 20-year high in 2025, driven by investor interest in companies insulated from economic uncertainties, such as trade wars [2] - Ethos is part of this trend, with its offering including 5.1 million shares from the company and 5.4 million shares from existing shareholders, including Alphabet's venture capital arm GV and General Catalyst [2]