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阜新金融监管分局同意中国人寿财险阜新市中心支公司变更营业场所
Jin Tou Wang· 2025-08-29 03:34
一、同意中国人寿财产保险股份有限公司阜新市中心支公司将营业场所变更为:阜新市细河区中华路 163号。 二、中国人寿财产保险股份有限公司阜新市中心支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27日,阜新金融监管分局发布批复称,《中国人寿(601628)财产保险股份有限公司辽宁省 分公司关于中国人寿财产保险股份有限公司阜新市中心支公司变更营业场所的请示》(国寿财险辽发 〔2025〕341号)收悉。经审核,现批复如下: ...
银行、保险板块集体拉升
Zheng Quan Shi Bao Wang· 2025-08-29 02:01
人民财讯8月29日电,银行、保险板块集体拉升,西安银行涨超7%,新华保险涨超6%,华夏银行、无 锡银行、上海银行、中国太保、中国人保、中国人寿等跟涨。 ...
Hagerty to Participate in the KBW Insurance Conference on September 4th, 2025
Prnewswire· 2025-08-28 21:46
Company Overview - Hagerty, Inc. is an automotive lifestyle brand and a leading specialty insurance provider focused on the global automotive enthusiast market [1][3] - The company offers specialty vehicle insurance, expert car valuation data, live and digital car auction services, and automotive entertainment [3] - Hagerty operates in Canada and the U.K., and has a community of over 900,000 members in the Hagerty Drivers Club [3] Upcoming Event - Hagerty will present at the KBW Insurance Conference on September 4, 2025, at 1:35 p.m. ET [1] - The presentation will feature a fireside chat with CEO McKeel Hagerty and CFO Patrick McClymont discussing various topics [1] Accessibility of Presentation - The live presentation will be available online, and a replay will be accessible for 365 days on Hagerty's investor relations site [2]
Goosehead Announces Expansion of Mark Jones, Jr. as Chief Financial Officer and Chief Operating Officer
Globenewswire· 2025-08-28 20:30
WESTLAKE, Texas, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Goosehead Insurance, Inc. (“Goosehead” or the “Company”) (NASDAQ: GSHD) a rapidly growing and innovative independent personal lines insurance agency that distributes its products and services through corporate and franchise locations throughout the United States today announced that Mark Jones, Jr.’s role as Chief Financial Officer has been expanded to include the Chief Operating Officer position. In this newly combined role, Mark will now oversee the compa ...
Palomar Holdings, Inc. Announces Participation in the 2025 KBW Insurance Conference
Globenewswire· 2025-08-28 20:15
Company Overview - Palomar Holdings, Inc. is a holding company with subsidiaries including Palomar Specialty Insurance Company, Palomar Specialty Reinsurance Company Bermuda Ltd., and others, providing innovative specialty insurance in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop [3] - The insurance subsidiaries of Palomar, including PSIC, PSRE, and PESIC, have received an "A" (Excellent) financial strength rating from A.M. Best, while FIA holds an "A-" (Stable) rating [3] Upcoming Events - Mac Armstrong, Chairman and CEO, along with Chris Uchida, CFO, will participate in a fireside chat at the KBW Insurance Conference on September 4, 2025, at 10:35 am ET [1] - Investors can access a live webcast of the presentation through the Investor Relations section of Palomar's website, with an online replay available afterward [2]
Trisura to Participate in Scotiabank Financials Summit
GlobeNewswire News Room· 2025-08-28 20:00
TORONTO, Aug. 28, 2025 (GLOBE NEWSWIRE) -- David Clare, President and Chief Executive Officer of Trisura Group Ltd. (“Trisura” or “Trisura Group”) (TSX: TSU), will participate in a fireside chat as a part of the Scotiabank Financials Summit on Thursday, September 4, 2025. A link to access the live webcast will be available in the ‘Events’ section of Trisura’s website. A replay of the webcast will be available through the same link. About Trisura Group Trisura Group Ltd. is a specialty insurance provider op ...
BRK.B Slips 2% in 3 Months, Trades at a Premium: How to Play the Stock
ZACKS· 2025-08-28 17:41
Core Insights - Shares of Berkshire Hathaway Inc. (BRK.B) have declined by 2.1% over the past three months, underperforming the industry decline of 2.6%, while the sector has increased by 6.9% and the S&P 500 has gained 10.1% [1][9] - BRK.B is currently trading below its 50-day simple moving average, indicating potential downside risk [2] - The stock is considered overvalued with a price-to-book multiple of 1.60, higher than the industry average of 1.54 [8][9] - The average target price for BRK.B is $537.75, suggesting an 8.5% upside from the latest closing price [12][9] Company Overview - Berkshire Hathaway operates as a diversified conglomerate with over 90 subsidiaries across various industries, providing stability through different economic cycles [1][14] - The insurance operations contribute approximately 25% of overall revenues, serving as a key growth engine for the company [14] - The company has a significant allocation of capital to short-term U.S. Treasury bills and government-backed instruments, exceeding $100 billion, which has been beneficial due to elevated interest rates [17][18] Financial Performance - The return on equity (ROE) for BRK.B in the trailing 12 months was 7%, slightly below the industry average of 7.7%, although it has shown consistent improvement [21] - The return on invested capital (ROIC) was 5.6%, lower than the industry average of 5.9%, but has increased every year since 2020 [22] - The Zacks Consensus Estimate for 2025 earnings indicates a 5.3% year-over-year decrease, while the estimate for 2026 suggests a 1.9% increase, with long-term earnings growth expected at 7% [23] Competitive Positioning - Compared to peers, BRK.B is relatively cheaper than Progressive and Chubb, despite its higher valuation metrics [11] - Chubb is focusing on growth in the middle-market segment and enhancing its specialty insurance portfolio, while Progressive is strengthening its market position through bundled insurance offerings and disciplined underwriting [6][7] Future Outlook - The transition of leadership to Greg Abel as CEO in January 2026 is a focal point for future performance, with Warren Buffett remaining as executive chairman [27] - Given the elevated valuation, soft return on capital, and projected near-term earnings pressure, a cautious approach is recommended for BRK.B [27]
MFC Rolls Out Travel Agent Platform With Enhanced Digital Tools
ZACKS· 2025-08-28 16:31
Key Takeaways Manulife Canada introduced a platform to help travel agents deliver insurance solutions.The platform adds products like the Non-Medical Premium Protection Plan for full trip coverage.New tools streamline product selection, automate reminders and provide tracking insightsManulife Canada, the Canadian arm of Manulife Financial Corporation (MFC) , has rolled out a dedicated platform for travel agents. Built with evolving technology and innovative tools, the platform is designed to make it easier ...
Principal Financial Trades Above 200-Day SMA: Time to Hold PFG Stock?
ZACKS· 2025-08-28 15:35
Key Takeaways Principal Financial shares have gained 4.4% year to date, underperforming the industry's return of 7%.PFG is positioned for long-term revenue growth across all segments, supported by higher premiums and fees.Dividend is raised for the seventh straight quarter in Q2 2025, supporting a 3.7% dividend yield.Principal Financial Group, Inc. (PFG) has been trading above its 200-day simple moving average (SMA), signaling a short-term bullish trend. Its share price, as of Wednesday, was $80.84, down 12 ...
Why Everest Group (EG) is a Top Value Stock for the Long-Term
ZACKS· 2025-08-28 14:41
Company Overview - Everest Group is a Delaware reinsurance company established in 1999, based in Warren, NJ, and operates as a property and casualty insurer and reinsurer across the U.S., District of Columbia, Puerto Rico, and Guam [11] - As of December 31, 2024, Everest Reinsurance reported a statutory surplus of $5.6 billion [11] - The company's strategy focuses on maintaining leadership in targeted reinsurance and insurance markets, effective management throughout the underwriting cycle, and achieving attractive returns for shareholders [11] Investment Ratings - Everest Group holds a Zacks Rank of 3 (Hold) and has a VGM Score of B, indicating a solid position in the market [12] - The company has a Value Style Score of A, supported by favorable valuation metrics such as a forward P/E ratio of 7.54, making it appealing to value investors [12] Earnings Estimates - In the last 60 days, four analysts have revised their earnings estimates for Everest Group upwards, with the Zacks Consensus Estimate increasing by $0.11 to $45.51 per share for fiscal 2025 [12] - The company has demonstrated an average earnings surprise of +3.4%, indicating a positive trend in earnings performance [12] Investment Consideration - With a strong Zacks Rank and high Value and VGM Style Scores, Everest Group is recommended for investors looking for potential opportunities in the reinsurance sector [13]