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Aon Appoints Joe Peiser as CEO of Risk Capital
Prnewswire· 2026-02-12 13:00
Core Viewpoint - Aon has appointed Joe Peiser as CEO of Risk Capital to enhance its capabilities in navigating increasing volatility and connecting risk with efficient capital solutions [1] Group 1: Leadership Appointment - Joe Peiser will lead Aon's Risk Capital capabilities across Commercial Risk and Reinsurance Solutions, reporting to Andy Marcell, CEO of Global Solutions [1] - Aon is currently searching for a new CEO of Commercial Risk, indicating a strategic restructuring within the leadership [1] Group 2: Strategic Focus - Peiser's appointment aligns with Aon's strategy to strengthen its Risk Capital offerings, helping clients manage complex risk environments [1] - The firm aims to enhance its Risk Capital strategy through innovation in risk-transfer instruments, advisory expansion, advanced analytics, and capital distribution across various markets [1] Group 3: Peiser's Background - Joe Peiser has over 30 years of industry experience, including roles in broking leadership, risk consulting, and client advisory across North America, the UK, and Bermuda [1] - He joined Aon in 2021 as Commercial Risk Leader for North America and became Global CEO of Commercial Risk in 2023, showcasing a rapid career progression within the company [1] Group 4: Client-Centric Approach - Peiser emphasized the importance of Aon's ability to connect expertise, analytics, and diverse capital pools to help clients make informed decisions [1] - The firm aims to deliver impactful end-to-end solutions that enhance client value through a more connected and analytics-enabled capital ecosystem [1]
AXA and Planet Partner to Revolutionize Disaster Management and Prevention
Businesswire· 2026-02-12 12:02
Core Insights - AXA and Planet Labs have formed a strategic partnership to enhance disaster management and prevention through high-frequency satellite imagery and AI-powered risk management systems [1] - The collaboration aims to provide near-real-time monitoring and predictive capabilities for natural disasters, including floods, wildfires, and hurricanes, leveraging Planet's daily global satellite data [1] Company Overview - Planet Labs GmbH is a leading provider of daily data and insights about changes on Earth, operating the largest Earth observation fleet of imaging satellites [1] - AXA Digital Commercial Platform (AXA DCP) is a new arm of AXA focused on comprehensive risk management, integrating technology, vast datasets, and AI to address challenges posed by climate change [1] Partnership Details - The partnership will integrate Planet's high-resolution satellite data into AXA DCP's platform, enabling smarter claims monitoring and improved disaster preparedness [1] - AXA DCP aims to provide clients with a "ground truth" layer of environmental intelligence to facilitate preventative actions against extreme weather events [1] Industry Impact - The collaboration is expected to empower the insurance industry by enhancing predictive models and global risk analysis, particularly in disaster preparedness and environmental monitoring [1] - The integration of satellite data is seen as critical for navigating environmental volatility and protecting communities from the increasing frequency of extreme weather events [1]
国家金融监管总局:银行业和保险业总资产保持增长
Jin Rong Jie· 2026-02-12 11:14
国家金融监管总局发布2025年四季度 银行业 保险业主要监管指标数据情况。其中,2025年四季度末, 我国银行业金融机构本外币资产总额480万亿元,同比增长8.0%。其中,大型商业银行本外币资产总额 210.8万亿元,同比增长10.8%,占比43.9%;股份制商业银行本外币资产总额77.8万亿元,同比增长 4.8%,占比16.2%。2025年四季度末,保险公司和保险资产管理公司总资产41.3万亿元,较年初增长 15.1%。其中,财产险公司3.1万亿元,较年初增长7.5%;人身险公司36.4万亿元,较年初增长15.4%; 再保险公司8573亿元,较年初增长3.5%;保险资管公司1456亿元,较年初增长14%。 ...
Lincoln Financial Reports 2025 Fourth Quarter and Full Year Results
Businesswire· 2026-02-12 11:00
Core Insights - Lincoln Financial reported strong financial results for the fourth quarter and full year ended December 31, 2025, highlighting sustained momentum and balanced growth across all business segments [1] Financial Performance - Fourth quarter net income available to common stockholders was $745 million, translating to $3.80 per diluted share [1] - Adjusted operating income for the fourth quarter available to common stockholders was $434 million [1]
上市公司春节前分红银行业占比近七成
Qi Lu Wan Bao· 2026-02-12 10:31
新华 近期,上市公司春节前分红持续推进。记者从中国证监会获悉,2025年12月至2026年1月底,沪深北证券交 易所235家上市公司在春节前两个月实施春节前分红,金额合计3488亿元,超2025年春节前分红总额。其 中,金融和大消费行业是分红主力。银行业春节前分红2434亿元,占比近七成;保险业合计分红54亿元,11 家券商分红55亿元。 ...
AIG attributable profit slides to $735m in Q4
Yahoo Finance· 2026-02-12 09:50
Core Insights - AIG reported a net income of $735 million for Q4 2025, a decrease from $898 million in the same quarter last year [1] - The company achieved a net income of $3.1 billion for the full year 2025, a significant recovery from a net loss of $1.4 billion in 2024 [2] - AIG's general insurance gross written premiums (GWP) for 2025 were $35.83 billion, with a combined ratio of 90.1%, an improvement from 91.8% in the previous year [3] Financial Performance - In Q4 2025, AIG's property and casualty (P&C) business reported gross written premiums of $8.07 billion, slightly up from $8.02 billion a year ago [1] - The net written premiums (NWP) for the P&C division were $6.04 billion, down 1% from $6.06 billion in Q4 2024 [1] - North America commercial NWP reached $2.29 billion, an increase of 2.8%, with a combined ratio improving to 84.7% from 98.8% [2] Investment Income - Total net investment income for Q4 2025 was $872 million, a decline of 34% from $1.3 billion in the prior-year quarter [2] - For the full year, total net investment income was $4.2 billion, down 1% from $4.3 billion, primarily due to a decline in other investments [3] Shareholder Returns - AIG returned $6.8 billion to shareholders in 2025, which included $5.8 billion in share repurchases and approximately $1 billion in dividends [4] Leadership Changes - AIG's chairman and CEO Peter Zaffino announced that 2025 was an exceptional year for the company, with significant progress and financial results [5] - Eric Andersen has been appointed as president and CEO-elect, set to take over on February 16, 2026, as Zaffino transitions to executive chair [6]
The Progressive Corporation (PGR) In a Phase of Robust Growth Amid Advertising Efficiency
Yahoo Finance· 2026-02-12 09:42
Core Viewpoint - The Progressive Corporation (NYSE:PGR) is recognized as a strong long-term investment option, particularly in the retirement stock category, with analysts maintaining positive ratings despite some price target adjustments. Group 1: Analyst Ratings and Price Targets - UBS has reduced its price target for Progressive Corporation to $226 from $234 while maintaining a Buy rating, citing steady revenue growth and stronger margins for insurance brokers through 2026 [1] - Goldman Sachs has reiterated a Buy rating with a price target of $230, following solid results for December, including a 6% increase in net premiums written to $6.31 million and a 6% rise in net premiums earned to $7.12 million [2] - Keefe, Bruyette & Woods has maintained a Market Perform rating but lowered the price target to $225 from $252 due to concerns over moderation in Personal Auto Policies in force (PIF) growth [5] Group 2: Financial Performance - In December, net income increased by 22% to $1.14 million, while net premiums for the fourth quarter rose by 8% to $19.51 million, and net premiums earned increased by 10% to $21.1 million, with net income for the quarter up 25% to $2.95 million [3] - Goldman Sachs has highlighted stable earnings per share estimates for 2026, 2027, and 2028, and has increased its growth forecast for Personal Auto Policies in force by 30 basis points to 8.1%, supported by improved advertising efficiency [4] Group 3: Company Overview - The Progressive Corporation is a major American insurance holding company, recognized as the second-largest personal auto insurer and a leading commercial auto insurer, providing a range of insurance products directly to consumers and through agents [6]
Palomar’s net income rises 60.6% to $56.2m for Q4’25
ReinsuranceNe.ws· 2026-02-12 09:00
Core Insights - Palomar Holdings, Inc. reported a significant increase in net income, rising 60.6% to $56.2 million for Q4 2025 compared to $35 million in Q4 2024 [1] - The company achieved strong underwriting results, with gross written premiums (GWP) increasing by 31.8% to $492.6 million in Q4 2025, up from $373.7 million in Q4 2024 [3] - Net premiums written (NPW) rose by 46.3% to $247.6 million in Q4 2025, compared to $169.2 million in Q4 2024 [3] - Net premiums earned (NPE) increased 61.1% to $233.5 million in Q4 2025, compared to $144.9 million in Q4 2024 [3] Underwriting Performance - Underwriting income for Q4 2025 was $54.4 million, with a combined ratio of 76.8%, compared to $34.9 million and 75.9% for the same period in 2024 [4] - Losses and loss adjustment expenses for Q4 2025 totaled $70.9 million, including $72.9 million of attritional losses and $2.1 million of favorable development on catastrophe losses [4] - The loss ratio for the quarter was 30.4%, with an attritional loss ratio of 31.3% and a catastrophe loss ratio of -0.9%, compared to 25.7% in Q4 2024 [5] Investment Income - Palomar reported a net investment income increase of 41.3% to $16 million in Q4 2025, up from $11.3 million in Q4 2024, driven by higher yields on invested assets [6] Full-Year Results - For the full year 2025, GWP rose by 31.5% to $2 billion, compared to $1.5 billion in 2024 [7] - NPW increased by 49.5% to $964 million, compared to $644.8 million in 2024, while NPE rose by 57.2% to $802.6 million [7] - Underwriting income for the full year increased by 66.1% to $185.9 million compared to $111.9 million in 2024 [7] Annual Ratios - The total loss ratio for 2025 increased slightly to 28.5% from 26.4% in 2024, with the catastrophe loss ratio decreasing to -0.1% from 5.5% [8] - The FY 2025 combined ratio dipped to 76.9% compared to 78.1% in 2024 [8] - Net income for 2025 increased 67.6% to $197.1 million compared to $117.6 million in 2024 [8] Strategic Commentary - The CEO highlighted the strong fourth quarter results as a culmination of an exceptional 2025, with record adjusted net income and significant growth in gross written premiums [9] - The company emphasized its specialty product suite's capability to navigate market cycles and generate consistent returns, achieving an adjusted combined ratio of 73% and a 27% adjusted return on equity [10] - Notable accomplishments in 2025 included successful acquisitions and the addition of exceptional leaders, which are expected to sustain long-term profitable growth [11]
StepStone Group partners with Utmost
Globenewswire· 2026-02-12 09:00
Core Insights - StepStone Group partners with Utmost to provide UK clients access to a comprehensive suite of private market strategies, enhancing portfolio diversification and long-term financial outcomes [1][2][3] Company Overview - StepStone Group is a global private markets investment firm with approximately $811 billion in total capital and $220 billion in assets under management as of December 31, 2025 [5] - Utmost is a leading provider of insurance-based wealth solutions, managing assets of £107.1 billion as of June 30, 2025 [7] Partnership Details - The partnership allows Utmost's clients to access StepStone's evergreen global private markets strategies, including Private Equity, Venture Capital & Growth, Private Credit, and Private Infrastructure [1][2] - This collaboration aims to support government-backed initiatives encouraging investment in unlisted equities and private markets [2] Market Trends - There is a growing interest among UK Wealth Managers in private markets, aligning with the long-term investment horizons of StepStone's evergreen semi-liquid fund range [3] - StepStone has experienced significant growth in its private wealth business, tripling its assets under management in the past fifteen months due to increasing demand for evergreen funds [4]
NOTICE TO DISREGARD -- playX
Globenewswire· 2026-02-12 07:35
KUALA LUMPUR, MALAYSIA, Feb. 12, 2026 (GLOBE NEWSWIRE) -- We are advised by playX that journalists and other readers should disregard the news release, "playX Secures Industry-Leading Player Protection Through Landmark Insurance Partnership with Great American Insurance Group," issued on February 08, 2026, over GlobeNewswire. ...