Core Viewpoint - Vantage Group Holdings Ltd. has entered into a definitive agreement for Howard Hughes Holdings Inc. to acquire 100% of Vantage for $2.1 billion in cash, representing approximately 1.5 times the year-end 2025 book value, with the transaction expected to close in Q2 2026, pending regulatory approvals [1][2][3] Company Overview - Vantage, founded in 2020, has developed into a leading specialty insurer and reinsurer, offering a diversified portfolio of global property and casualty products supported by modern infrastructure and advanced analytics [2][9] Strategic Benefits of the Transaction - The acquisition is anticipated to strengthen Vantage's balance sheet and expand opportunities in specialty insurance and reinsurance, with a focus on underwriting profitability through disciplined risk selection and portfolio optimization [7][4] - Vantage will maintain its name, brand, and culture, with existing colleagues retaining their roles and teams [7] - Howard Hughes' ownership will provide long-term capital support, enhancing Vantage's credit profile and underwriting flexibility [7] Leadership and Management Insights - Greg Hendrick, CEO of Vantage, expressed excitement about the acquisition, highlighting the expected growth and innovation opportunities it will bring [3] - Carlyle and Hellman & Friedman, the investment firms backing Vantage, praised the management team's achievements and expressed confidence in Howard Hughes as a suitable partner for Vantage's next growth phase [5][6] Financial and Operational Details - The transaction is structured to allow Vantage to effectively navigate the insurance cycle and optimize asset allocation over time, with Pershing Square managing Vantage's assets on a fee-free basis to enhance investment returns [7] - Vantage's investment portfolio will focus on cash, short-term Treasurys, high-quality fixed-maturity securities, and a portfolio of common stocks, subject to regulatory considerations [7]

LONDON--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) ("PSH†) today announces that it has entered into an equity commitment letter to subscribe for up to $1 billion of non-voting exchangeable perpetual preferred stock to be issued by Howard Hughes Holdings Inc. (NYSE: HHH) ("HHH†) (the "PSH Preferred†) (the "PSH Investment†) in connection with HHH's agreement to indirectly acquire Vantage Group Holdings, Ltd. ("Vantage†), a privately held specialty insurance and reinsurance co ...

Global Insurance Leader Deepens Commitment Across Football Operations, GenAI, Infrastructure,Commercial Growth and Community Impact, with FurtherPartnership Activations to be Announced During the 2026/2027 Season SALFORD, England, Dec. 18, 2025 /PRNewswire/ -- Salford City FC today announced a landmark expansion of its relationship with AIG, confirming the global insurance leader as the Club's largest shareholder and long-term strategic partner, supported by a new multi-year commercial partnership running ...

Vantage Acquisition Anchors HHH’s Transformation into a Diversified Holding Company Vantage’s Diversified Specialty Insurance Platform Delivers Lower Risk and Superior Return Potential Pershing Square to Manage Vantage’s Investment Portfolio on a Fee-Free Basis HHH to Host a Conference Call and Presentation on Thursday, December 18 at 8:30 a.m. ET, with an X Spaces Session to Follow THE WOODLANDS, Texas, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (“Howard Hughes,” “HHH,” or t ...

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment Group 1: Company Earnings Estimates - James River Group Holdings, Ltd. (JRVR) has seen a 10.5% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Calix, Inc. (CALX) has experienced a 15.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Materialise NV (MTLS) has seen a significant 33.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - America Movil (AMX) has had a 7.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Norwood Financial Corp. (NWFL) has experienced a 16.6% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [3]

Tata Consultancy Services (TCS) has expanded its engagement with UK insurance, wealth and retirement provider Aviva to cover more than 6.5 million policies. by company’s FCA-regulated subsidiary, Diligenta UK. Diligenta will manage an additional 1.1 million Aviva policies in the UK.Aviva is entrusting TCS with an additional portfolio of Life Insurance business, enabling a customer-centric approach to digitisation, centred around “New Consumer Duty Principles” to ensure positive outcomes for customers. This ...

India’s move to lift investment caps on the insurance industry also applies to the $177 billion pension fund sector, paving the way for 100% foreign ownership, according to the industry regulator https://t.co/CeG7yPEFal ...

一、同意中华联合财产保险股份有限公司可克达拉中心支公司将营业场所变更为：新疆维吾尔自治区可 克达拉市镇江西路1号国投大厦10层（1002室至1007室）、12层。 2025年12月11日，伊犁金融监管分局发布批复称，《中华联合财产保险股份有限公司可克达拉中心支公 司变更营业场所的请示》（中华财险可发〔2025〕87号）收悉。经审核，现批复如下： 二、中华联合财产保险股份有限公司可克达拉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。 ...

银行保险业机构积极布局海南自贸港。下一步，将围绕海南构建"4+5+3+2"现代化产业体系的发展需 要，加大对重点领域的金融服务力度。 银行业方面，广发银行海口分行、汇丰银行海口分行等近年来相继开业。近日，海南省发展控股有限公 司与交通银行、招商银行、平安银行、渤海银行等多家银行总行签署战略合作协议，在综合授信、交易 结算、产业协同等方面开展深度合作。 保险机构也加快在琼设立分支机构。近年来，泰康养老海南分公司、太平财险海南分公司、安盟财险海 南分公司、紫金财险海南分公司等相继开业；2023年，中国渔业互助保险社海南分社开业，成为海南首 家相互保险组织。 相关数据显示，截至2025年10月末，海南银行业总资产19597.99亿元，较2020年末增长39.68%；保险业 总资产704.78亿元，较2020年末增长47.99%。 创新产品和服务 为支持海南自贸港封关运作，2023年中国人民银行制定了海南自贸港资金"电子围网"建设方案，部署在 海南建设多功能自由贸易账户（EF账户）。此类账户自2024年5月上线以来持续扩面增量。 新华财经北京12月18日电12月18日，海南自贸港正式启动全岛封关运作。记者注意到，银行 ...

The S&P 500 fell 1.2% for its worst day in nearly a month, though it's still not far from its all-time high set last week. The Dow Jones Industrial Average dipped 228 points, or 0.5%, and the Nasdaq composite dropped 1.8%. Slightly more stocks rose within the S&P 500 than fell, but they got drowned out by the drops for companies in the artificial-intelligence industry. Questions continue to dog the former superstars about whether their yearslong dominance of Wall Street meant their prices shot too high, as ...